Invesco Q4 Earnings Call Highlights

Canada strategic partnership: Invesco announced a deal with CI Global Asset Management under which CI GAM will acquire Invesco’s Canadian mutual fund and ETF complex (100 funds, about $19 billion in AUM). Invesco will remain sub-advisor on 63 funds totaling about $10 billion in AUM. Dukes said the transaction is expected to close toward the end of the second quarter, with an operating income headwind beginning in the third quarter.Asset sales and joint ventures: Invesco completed the sale of Intelliflo to C ...