Your email has been successfully added to our mailing list.

×
0.000349162011173239 -0.00261871508379886 -0.00837988826815637 -0.00384078212290501 -0.0120460893854748 0.0019203910614525 -0.00104748603351947 -0.00349162011173177
Stock impact report

CI GAM to acquire $26 billion asset manager [Wealth Professional (Canada)]

Invesco Ltd (IVZ) 
Last invesco ltd earnings: 4/23 06:55 am Check Earnings Report
According to a press release announcing the deal, Invesco's Canadian funds represent roughly $26 billion CAD in assets under management across 100 mutual funds and ETFs. The deal will bring CI GAM's AUM to roughly $170 billion CAD. “This acquisition will cement our ranking as one of the largest investment fund companies in Canada and position the firm for continued growth,” said Kurt MacAlpine, CI Chief Executive Officer. “It also reflects CI Financial's continued commitment to investing in our Canadian businesses and highlights how operating as a private company allows us to unlock new opportunities to create meaningful long-term value for CI and our clients.” In addition to the acquisition, CI GAM will enter into a long-term partnership which will allow Invesco affiliates to provide portfolio management services to 63 funds as a sub-advisor, this would represent roughly $13 billion of the acquired assets. “We are excited to partner with CI GAM to continue serving Canadian inv Show less Read more
Impact Snapshot
Event Time:
IVZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for IVZ alerts
Opt-in for
IVZ alerts

from News Quantified
Opt-in for
IVZ alerts

from News Quantified