Atlanta-based Invesco Ltd. is selling its C$26 billion ($18.7 billion) Canadian investment fund business to CI Global Asset Management, furthering the M&A trend in the country’s mutual fund industry. CI will become the manager for 100 Invesco mutual funds and exchange-traded funds, bringing the Toronto-based firm’s assets to C$170 billion. Financial terms were not disclosed. Invesco will stay on as a sub-adviser to 63 of those funds, representing about half the assets, or C$13 billion. Invesco will be “reducing its Canadian operating footprint,” Andrea Raphael, its chief communications officer, said in an emailed statement. The transaction is expected to close in the second quarter. The Canadian mutual fund industry has consolidated over the past decade as the rise of ETFs and increased regulatory scrutiny led to lower fees and thinner margins. CI Financial Corp. itself was taken private last year by Mubadala Capital in one of the largest-ever acquisitions by an Abu Dhabi entity in the financial sector. The Invesco transaction “will cement our ranking as one of the largest investment fund companies in Canada and position the firm for continued growth,” Kurt MacAlpine , CI’s chief executive officer, said in a statement. Trimark History Invesco Canada’s predecessor companies have a storied place in the country’s mutual fund industry. Trimark Financial Corp. was founded by Robert Krembil, Michael Axford and Arthur Labatt in 1981. Focused on value investing, it was Canada’s sixth-largest mutual fund company with C$25 billion in assets before Britain’s Amvescap struck a deal to buy it in 2000. Trimark “was a firm that launched products that they thought would really improve investor outcomes. They didn’t just launch the flavor of the day,” said Dan Hallett , head of research at HighView Financial Group in Oakville, Ontario. He lauded Trimark for starting Canadian natural resources and small-cap funds in 1998, before those strategies had widespread investor interest and p...

The Vanguard Small-Cap Growth ETF is seeing unusually high volume in afternoon trading Tuesday, with over 2.2 million shares traded versus three month average volume of about 192,000. Shares of VBK were trading flat on the day. Components of that ETF with the highest volume on

Deal marks Apple's biggest step yet into the fast-moving artificial intelligence race.

Wellington Management Co. , the mutual fund giant best known for stock- and bond-picking, hired Hamilton Lane Inc. ’s Alex Behm to lead its foray into the hot market of buying and selling private equity stakes. Behm, who previously worked as a deal lead at Hamilton Lane, will build and manage secondaries strategies for Wellington’s evergreen private investing business that caters to wealthy investors, the Boston-based firm said in an emailed statement. He’ll work closely with Mike Trihy , who joined in August. Wellington is in the middle of a major transformation, embarking on a new marketing campaign and recruiting aggressively from Wall Street banks and alternative investment firms as it seeks to grow in more lucrative private markets. The firm and other traditional asset managers have been flocking to private markets, a $24 trillion industry by one estimate. They’ve been grappling with outflows and narrowing margins as clients leave mutual funds for cheaper index products. The secondaries market has become one of the fastest-growing corners in finance as private equity firms struggle to exit investments in their funds, pushing yield-starved backers to offload their stakes. This week, Coller Capital said it raised $17 billion for its private equity secondaries platform while Ares Management Corp. amassed $7.1 billion for a credit secondaries strategy. Wellington, which manages about $1.3 trillion, has added several new roles over the past 18 months, including a head of private investments capital formation from Goldman Sachs Group Inc. and a team that it lured away from Pacific Investment Management Co. to expand in private credit. It also partnered with Blackstone Inc. and Vanguard Group to launch hybrid funds for retail investors. While the firm only manages about $10 billion of private assets, it has been investing in private equity for at least a decade and has backed startups such as WeWork and Airbnb Inc. Michael Carmen , a Wellington partner who’s helping t...

Staffing shift highlights long-term investment pivot

As US president tells protesters ‘help is on the way’, any military action would be unlikely to succeed Iran crisis live – latest updates Donald Trump may not be unafraid to use military force against Iran, according to the White House, but the reality is the US president has few to no options that could obviously help that country’s protest movement, never mind the fact that the history of US intervention in the region has hardly been a success. Emboldened by the seizure of the erstwhile Venezuelan leader Nicolás Maduro, after an operation that took months of planning , Trump talked up military intervention against the Iranian regime with no military pre-positioning having taken place. In fact, the last few months have seen a drawdown, reducing military options further. Continue reading...

Celestica stock is moving above a key level. Investors expecting a bullish move could sell a spread that would generate about $300 in premium in just over one month. The post Celestica Stock: This Trade Anticipates A Bullish Move And Aims For A Quick 43% Return appeared first on Investor's Business Daily .

格隆汇1月14日｜当地时间13日，以色列外交部长萨尔宣布，以色列决定退出多个联合国机构及相关组织。以方称，这些机构存在“反以色列偏见”等问题。以色列退出的机构包括联合国秘书长儿童与武装冲突问题特别代表办公室、联合国妇女署、联合国贸易和发展会议、联合国西亚经济社会委员会、联合国文明联盟、联合国能源机制以及全球移民与发展论坛。

$100 million buy supports new health platform

当地时间13日，以色列外交部长萨尔宣布，以色列决定退出多个联合国机构及相关组织。以方称，这些机构存在“反以色列偏见”等问题。 以色列退出的机构包括联合国秘书长儿童与武装冲突问题特别代表办公室、联合国妇女署、联合国贸易和发展会议、联合国西亚经济社会委员会、联合国文明联盟、联合国能源机制以及全球移民与发展论坛。 以色列外交部称，将继续审查与其他联合国机构的合作关系，并在未来作出进一步决定。（央视）

Dilbert comic strip creator Scott Adams, a vocal supporter of US President Donald Trump whose career flagged after ‌a racist rant, died on Tuesday, his wife said. He ‍was 68. Shelly Miles announced Adams’ passing in an online live stream in which she read a final message from the artist, whose strip lampooned life in the cubicle farms of ⁠corporate America, framed around its titular character, an engineer known for his glasses and perennially bent tie. Adams had posted on social media about his...

Source: Bloomberg, 5:40

In trading on Tuesday, the Sprott Silver Miners & Physical Silver ETF is outperforming other ETFs, up about 2.1% on the day. Components of that ETF showing particular strength include shares of Hycroft Mining Holding, up about 6% and shares of Silvercorp Metals, up about 3.

BING-JHEN HONG Nvidia ( NVDA ) shares rose nearly 2% in midday trading after The Information reported that China had approved tech companies purchasing H200 GPUs in some cases. The Chinese government told some local companies that H200 AI accelerators could be purchased under

Meta is preparing layoffs in its Reality Labs unit as it shifts spending away from some VR products toward AI wearables.

格隆汇1月14日｜EIA短期能源展望报告：预计2026年天然气价格为3.59美元/桶，此前预期为4.17美元/桶。

Meta is changing its performance review to reward output over effort, taking a page from Amazon and X Yahoo Finance

格隆汇1月14日｜美国能源信息署（EIA）发布短期能源展望报告，其中提到，我们预测，2026年用电量将增长1%，2027年将增长3%。这将是自2005-07年以来首次出现的连续四年增长，也是自本世纪之交以来增长最强劲的四年。在我们的预测中，用电量的上升主要是由商业和工业部门不断增长的电力需求所驱动。在预测期内，太阳能发电贡献了最大的发电增量。我们预计预测期内将增加69吉瓦的太阳能装机容量，从而带动2026年和2027年的太阳能发电量均增长21%。我们预计2026年天然气发电量将持平，2027年将增长1%。2026年燃煤电厂的发电量将下降9%，随后在2027年下降不到1%。

1X released a new world model that it says is a solid step toward its robots being able to teach themselves new tasks.

2026 will witness strong growth in inference-optimised chips, alongside traditional, more expensive, GPUs for foundation models.

Microsoft Shares Slide as Trump Flags Potential Data Center Costs

Meta is changing its performance review to reward output over effort, taking a page from Amazon and X Fortune

In trading on Tuesday, oil & gas exploration & production shares were relative leaders, up on the day by about 2.7%. Leading the group were shares of Abundia Global Impact Group, up about 23.8% and shares of Kosmos Energy up about 17% on the day. Also showing relative

In trading on Tuesday, asset management shares were relative laggards, down on the day by about 1.8%. Helping drag down the group were shares of AlTi Global, down about 6.8% and shares of Ares Management off about 3.9% on the day. Also lagging the market Tuesday are education

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Amphenol is now the #17 analyst pick, moving up by 13 spots. This rank is formed by averaging the analyst opinions for each component from each

Eli Lilly (LLY) is teaming up with Nvidia (NVDA) to invest in an artificial intelligence (AI) innovation lab. Eli Lilly CFO and executive vice president Lucas Montarce joins Market Catalysts host Julie Hyman to discuss how the pharmaceutical company is leveraging AI to expedite drug discovery. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts.

This Analyst Says Advanced Micro Devices Will Soar 30% in 2026. Here's Why It's Time to Buy. 24/7 Wall St.

Advanced Micro Devices (NASDAQ:AMD) stock climbed 78% in 2025, driven by growing adoption of its artificial intelligence (AI) accelerators and expectations for next-generation products. The company’s Instinct MI300 series gained market share in data centers, competing against Nvidia (NASDAQ:NVDA). At CES 2026 earlier this month, AMD showcased advancements like the Helios AI platform and previews ... This Analyst Says Advanced Micro Devices Will Soar 30% in 2026. Here’s Why It’s Time to Buy.

This Analyst Says Advanced Micro Devices Will Soar 30% in 2026. Here’s Why It’s Time to Buy. Yahoo Finance

格隆汇1月14日｜北京时间2026年1月13日23时25分，我国在海南商业航天发射场使用长征八号甲运载火箭，成功将卫星互联网低轨18组卫星发射升空，卫星顺利进入预定轨道，发射任务获得圆满成功。