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TORONTO--(BUSINESS WIRE)--May 23, 2023--
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 | % 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% |
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:
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/
CONTACT: Investor Relations
Jason Weyeneth, CFA
Vice-President, Investor Relations & Strategy
416-681-8779
jweyeneth@ci.comMedia Relations
Canada
Murray Oxby
Vice-President, Corporate Communications
416-681-3254
moxby@ci.comUnited States
Jimmy Moock
Managing Partner, StreetCred
610-304-4570
jimmy@streetcredpr.com
ci@streetcredpr.com
KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE
SOURCE: CI Financial Corp.
Copyright Business Wire 2023.
PUB: 05/23/2023 07:00 AM/DISC: 05/23/2023 07:01 AM
http://www.businesswire.com/news/home/20230523005077/en