On June 1, 2026, CI Global Asset Management (CI GAM) and Invesco Ltd. (NYSE: IVZ) announced the completion of CI GAM's acquisition of the management agreements relating to Invesco's Canadian fund business with combined total assets under management of approximately C$27 billion.
CI GAM, the Canadian asset management subsidiary of CI Financial Corp. (CI), has become manager of 98 mutual funds and exchange-traded funds previously offered by Invesco Canada Ltd. The transaction, which was first announced on Jan.13, 2026, has increased CI GAM's assets under management to approximately C$175 billion.
Invesco and CI GAM have also formed a long-term strategic partnership under which Invesco affiliates continue to provide portfolio management services to 61 of the funds through a sub-advisory arrangement with total assets under management of approximately C$13 billion, ensuring a consistent investment experience for securityholders in those funds.
BLG represented Invesco with a team led by Kathryn Fuller that included Chelsea Papadatos, Eni Azisllari, Christopher Yeretsian, Griffin Murphy, Mishail Khan and Kelechi Adanyi (Securities/M&A); Carlos Cerqueira, Eric Boehm, Faraneh Talaei and Marc Vani (Corporate/M&A); Denes Rothschild and Mohit Sethi (Competition); Grace Pereira, Jingcai Ying and Olivia Ruvo (Tax); Matt Certosimo and Madeleine Werker (Labour & Employment) and Giselle Chin (Intellectual Property).