CI Financial Reports Total Assets of $474.2 Billion for March 2024
All financial amounts in Canadian dollars unless stated otherwise.
PRELIMINARY MONTH-END ASSETS (C$ Billions) |
|||||
ENDING ASSETS |
March 2024 |
February 2024 |
% Change |
March 2023 |
% Change |
Asset management (1) |
|
|
1.6% |
|
6.7% |
|
|
|
2.0% |
|
14.9% |
|
|
|
3.4% |
|
225.7% |
|
|
|
1.6% |
|
18.6% |
TOTAL ASSETS |
|
|
1.8% |
|
18.6% |
|
|
|
|
|
|
|
|
|
1.8% |
|
18.3% |
ASSET MANAGEMENT – AVERAGE AUM |
March 2024 |
February 2024 |
December 2023 |
Fiscal 2023 |
% Change |
Monthly average |
|
|
- |
- |
2.3% |
Quarter-to-date average |
|
- |
|
- |
4.7% |
Year-to-date average |
|
- |
- |
|
4.0% |
PRELIMINARY QUARTER-END SALES RESULTS (C$ Billions) |
|||||
Asset Management |
1Q24 |
4Q23 |
3Q23 |
2Q23 |
1Q23 |
Canadian retail |
|
|
|
- |
|
Canadian institutional |
- |
- |
|
- |
|
Australian asset management |
|
|
|
|
|
Closed business |
|
|
|
|
|
Asset management segment |
|
|
(0.4) |
(0.1) |
0.4 |
|
|
|
|
|
|
|
0.1 |
(0.1) |
- |
(0.3) |
(0.1) |
PRELIMINARY ASSET MANAGEMENT SEGMENT |
|||||
|
1Q24 |
4Q23 |
3Q23 |
2Q23 |
1Q23 |
Net management fees/average AUM (bps) |
81.0 |
81.2 |
83.8 |
84.6 |
86.0 |
1. |
Includes |
|
2. |
Includes |
|
3. |
Month-end USD/CAD exchange rates of 1.3546, 1.3572 and 1.3515 for |
|
4. |
Includes 100% of inflows from CI’s minority investments in |
About
CI operates in three segments:
-
Asset Management, which includes CI Global Asset Management, which operates in
Canada , and GSFM Funds Management, which operates inAustralia . -
Canadian Wealth Management, which includes the operations of CI Assante Wealth Management,
Aligned Capital Partners , CI Private Wealth, Northwood Family Office,Coriel Capital ,CI Direct Investing and CI Investment Services . -
U.S. Wealth Management, which includes Corient Private Wealth, an integrated wealth management firm providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients acrossthe United States .
CI is headquartered in
CI Global Asset Management is a registered business name of CI Investments Inc., a wholly owned subsidiary of |
View source version on businesswire.com: https://www.businesswire.com/news/home/20240418002447/en/
Investor Relations
Vice-President, Investor Relations & Strategy
416-681-8779
jweyeneth@ci.com
Media Relations
Vice-President, Corporate Communications
416-681-3254
moxby@ci.com
Managing Partner, StreetCred
610-304-4570
jimmy@streetcredpr.com
ci@streetcredpr.com
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