CI Global Asset Management Completes Strategic Acquisition of Invesco's Canadian Investment Funds

CI Global Asset Management Expands Horizons with Invesco Acquisition

CI Global Asset Management (CI GAM) has officially finalized its acquisition of Invesco Ltd.'s Canadian investment fund assets, significantly enhancing its portfolio and strategic capabilities. This acquisition, valued at an impressive C$27 billion in total assets under management, marks a pivotal moment for CI GAM, which is a subsidiary of CI Financial Corp.

The deal, initially announced earlier in January 2026, has now led to CI GAM managing a total of 98 mutual funds and exchange-traded funds that were previously under Invesco Canada Ltd. This increase in management assets brings CI GAM's overall assets under management to around C$175 billion, solidifying its position as a leader in the Canadian investment fund industry.

Furthermore, this transaction also establishes a strategic long-term partnership with Invesco, enabling their affiliates to continue offering portfolio management services for 61 of the funds. This sub-advisory relationship encompasses another C$13 billion in assets, ensuring investors a seamless transition and consistent investment experience.

Kurt MacAlpine, the CEO of CI Financial Corp., expressed enthusiasm about the acquisition, noting that it fortifies CI GAM's leadership in the Canadian market while offering enhanced investment strategies and options. The expansion of CI GAM's product lineup will include updated funds that cater to diverse investor needs, creating a competitive edge in the industry.

Additionally, as part of the rebranding effort, 37 funds will transition under the CI banner by late July 2026, aligning with the company's vision of streamlined operations and improved client services. The seamless integration process was facilitated by approvals from securityholders of Invesco Canada's investment funds prior to the transaction's completion.

Invesco's Chief Executive Officer, Andrew Schlossberg, reiterated the company's commitment to Canadian investors, highlighting the importance of their collaborative approach with CI GAM. The intention is to jointly explore investment solutions for the Canadian wealth market moving forward.

Notably, both firms showcased their commitment to excellence, with Morgan Stanley Co. LLC acting as the financial advisor for Invesco, while Jefferies Securities Inc. provided similar services for CI GAM, alongside legal advisors from Borden Ladner Gervais LLP and Stikeman Elliott LLP, respectively.

As CI GAM embarks on this exciting new chapter, it aims to elevate its service offerings, continually meeting the financial aspirations of over 1.3 million Canadian investors. The firm's commitment to quality investment solutions and services remains unwavering, reflecting its vision of sustained growth and success in the ever-evolving investment landscape. Further details regarding the transition of the funds and enhanced services will be publicized in subsequent communications, ensuring that all stakeholders remain informed and engaged.

With this acquisition, CI GAM not only adds significant assets but also synergizes operational capabilities, strengthening its foundation for future growth in the competitive finance and investment sector. Investors can remain assured of continued access to comprehensive support through established communication channels, thereby marking a new era for CI GAM and Invesco in the Canadian asset management industry.