CI Financial Reports Record Total Assets of $394.9 Billion for April 2023
23 Mai 2023 - 01:00PM
Business Wire
All financial amounts in Canadian dollars unless stated
otherwise.
CI Financial Corp. (“CI”) (TSX: CIX) today reported preliminary
total assets of $394.9 billion as at April 30, 2023, a record for
CI. The total consisted of asset management assets of $123.4
billion, Canadian wealth management assets of $82.6 billion, and
U.S. wealth management assets of $188.9 billion.
CI FINANCIAL CORP.
April 30, 2023
PRELIMINARY MONTH-END ASSETS
(C$ Billions)
ENDING ASSETS
April
2023
March
2023
% Change
April
2022
% Change
Asset management (1)
$123.4
$122.0
1.1%
$128.4
-3.9%
Canada wealth management
$82.6
$81.6
1.2%
$78.3
5.5%
U.S. wealth management (2)
$188.9
$187.5
0.7%
$149.3
26.5%
TOTAL ASSETS
$394.9
$391.1
1.0%
$356.0
10.9%
ASSET MANAGEMENT – AVERAGE AUM
April
2023
March
2023
March
2023
Fiscal 2022
% Change
Monthly average
$122.6
$121.2
-
-
1.2%
Quarter-to-date average
$122.6
-
$121.9
-
0.6%
Year-to-date average
$122.1
-
-
$125.0
-2.3%
- Includes $33.2 billion of assets managed by CI and held by
clients of advisors with Assante, CIPC and Aligned Capital as at
April 30, 2023 ($33.0 billion at March 31, 2023 and $33.0 billion
at April 30, 2022).
- Month-end USD/CAD exchange rates of 1.3548, 1.3515 and 1.2848
for April 2023, March 2023 and April 2022, respectively.
About CI Financial
CI Financial Corp. is a diversified global asset and wealth
management company operating primarily in Canada, the United States
and Australia. Founded in 1965, CI has developed world-class
portfolio management talent, extensive capabilities in all aspects
of wealth planning, and a comprehensive product suite.
CI operates in three segments:
- Asset Management, which includes CI Global Asset Management,
which operates in Canada, and GSFM Pty Ltd., which operates in
Australia.
- Canadian Wealth Management, which includes the operations of CI
Assante Wealth Management, Aligned Capital Partners, CI Private
Wealth (Canada), Northwood Family Office, CI Direct Investing and
CI Investment Services.
- U.S. Wealth Management, which includes CI Private Wealth
(U.S.), an integrated wealth management firm providing
comprehensive solutions to ultra-high-net-worth and high-net-worth
clients across the United States.
CI is headquartered in Toronto and listed on the Toronto Stock
Exchange (TSX: CIX). To learn more, visit CI’s website or LinkedIn
page.
CI Global Asset Management is a registered business name of CI
Investments Inc., a wholly owned subsidiary of CI Financial
Corp.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230523005077/en/
Investor Relations Jason Weyeneth, CFA Vice-President,
Investor Relations & Strategy 416-681-8779 jweyeneth@ci.com
Media Relations Canada Murray Oxby Vice-President,
Corporate Communications 416-681-3254 moxby@ci.com
United States Jimmy Moock Managing Partner, StreetCred
610-304-4570 jimmy@streetcredpr.com ci@streetcredpr.com
CompX (AMEX:CIX)
Graphique Historique de l'Action
De Août 2023 à Sept 2023
CompX (AMEX:CIX)
Graphique Historique de l'Action
De Sept 2022 à Sept 2023
