Invesco Canadian Investment Fund Assets Acquired by CI Global Asset Management | Financial Services M&A Deal

CI Global Asset Management has completed the acquisition of Invesco Canadian Investment Fund Assets, a wealth management ria business in Canada, for $26 billion. Invesco’s Canadian investment fund assets provide mutual fund and wealth management capabilities for Canadian investors, supporting CI Global Asset Management’s wealth management ria acquisition strategy. CI Global Asset Management acquisitions expand its financial services platform in Canada by adding scale in Canadian investment products and distribution. The divestiture acquisition is a strategic acquisition by a strategic buyer, with deal size reported above $100M and multiple valuation figures cited, and it closed as part of CI Global Asset Management acquisitions of Invesco Canadian Investment Fund Assets.