CI Financial Reports Total Assets of $482.2 Billion for May 2024
All financial amounts in Canadian dollars unless stated otherwise.
Effective
|
|||||
ENDING ASSETS |
May
|
April
|
% Change |
May
|
% Change |
Asset management (1) |
|
|
2.1% |
|
7.2% |
|
|
|
1.9% |
|
15.9% |
|
|
|
3.3% |
|
211.3% |
|
|
|
4.0% |
|
15.5% |
TOTAL ASSETS |
|
|
3.1% |
|
17.6% |
|
|
|
|
|
|
|
|
|
5.1% |
|
15.1% |
ASSET MANAGEMENT –
|
May
|
April
|
March
|
Fiscal
|
%
|
Monthly average |
|
|
- |
- |
0.9% |
Quarter-to-date average |
|
- |
|
- |
1.6% |
Year-to-date average |
|
- |
- |
|
4.5% |
-
Includes
$34.0 billion of assets managed by CI and held by clients of advisors with CI Assante Wealth Management,CI Private Counsel (CIPC) and Aligned Capital Partners as atMay 31, 2024 ($33.6 billion atApril 30, 2024 and$32.5 billion atMay 31 , 2023). -
Includes
$25.0 billion of assets advised by CI and held by clients of advisors with Assante, CIPC,CI Direct Investing and Aligned Capital as atMay 31, 2024 ($24.2 billion atApril 30, 2024 and$5.2 billion atMay 31, 2023 ). Prior toJuly 2023 , custody assets were historically not included as part of reported assets forCanada wealth management or consolidated total assets. -
Month-end USD/CAD exchange rates of 1.3629, 1.3766 and 1.3575 for
May 2024 ,April 2024 andMay 2023 , respectively.
About
CI operates in three segments:
-
Asset Management, which includes CI Global Asset Management, which operates in
Canada , andGSFM , 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/20240612943528/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
Source: