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 $27 billion. CI Global Asset Management acquisitions expand its Canadian wealth management platform by adding Invesco’s Canadian investment fund assets and related client offerings. The wealth management ria acquisition supports financial services M&A growth for CI Global Asset Management in the Canadian mutual fund and investment management market. The divestiture acquisition is a strategic acquisition by a strategic buyer, with deal size reported at over $100M and completion marked as closed.