Invesco Canada Fund Manager Switch Approved
Watch: Monitor closing of the transaction and integration progress of Canadian fund management under CI GAM.
Full analysis
Securityholders approved changing the manager of 95 Invesco Canada funds to CI Global Asset Management. CI GAM will acquire management agreements of Invesco's Canadian fund business and Invesco Canada affiliates will sub-advise 611 funds post-closing. Meetings for 3 funds are adjourned for additional voting due to absent quorum.
This vote clears the path for a major Canadian asset management transaction, enabling Invesco to streamline operations while maintaining advisory roles on hundreds of funds.
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