CI Financial Reports Total Assets of $518.1 Billion for September 2024
All financial amounts in Canadian dollars unless stated otherwise.
PRELIMINARY MONTH-END ASSETS (C$ Billions) |
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ENDING ASSETS |
September 2024 |
August 2024 |
% Change |
September 2023 |
% Change |
Asset management (1) |
|
|
1.7% |
|
13.7% |
|
|
|
1.6% |
|
22.9% |
|
|
|
3.0% |
|
36.1% |
|
|
|
1.7% |
|
27.2% |
TOTAL ASSETS |
|
|
1.7% |
|
23.1% |
|
|
|
|
|
|
|
|
|
1.3% |
|
27.8% |
ASSET MANAGEMENT – AVERAGE AUM |
September 2024 |
August 2024 |
June 2024 |
Fiscal 2023 |
% Change |
Monthly average |
|
|
- |
- |
1.3% |
Quarter-to-date average |
|
- |
|
- |
2.5% |
Year-to-date average |
|
- |
- |
|
6.0% |
PRELIMINARY QUARTER-END SALES RESULTS (C$ Billions) |
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Asset Management |
3Q24 |
2Q24 |
1Q24 |
4Q23 |
3Q23 |
Canadian retail |
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Canadian institutional |
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Australian asset management |
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Closed business |
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Asset management segment |
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PRELIMINARY ASSET MANAGEMENT SEGMENT |
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|
3Q24 |
2Q24 |
1Q24 |
4Q23 |
3Q23 |
Net management fees/average AUM (bps) |
79.5 |
80.4 |
81.0 |
81.2 |
83.8 |
-
Includes
$36.0 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 atSeptember 30, 2024 ($35.6 billion atAugust 31, 2024 and$31.8 billion atSeptember 30 , 2023). -
Includes
$27.5 billion of assets advised by CI and held by clients of advisors with Assante, CIPC,CI Direct Investing and Aligned Capital as atSeptember 30, 2024 ($26.6 billion atAugust 31, 2024 and$19.7 billion atSeptember 30 , 2023). -
Month-end USD/CAD exchange rates of 1.3524, 1.3477 and 1.3582 for
September 2024 ,August 2024 , andSeptember 2023 , respectively. -
Includes 100% of inflows from CI’s minority investments in
Columbia Pacific Advisors ,OCM Capital Partners ,The Cabana Group andGLASfunds Holdings .
About
-
Asset Management, which includes CI Global Asset Management, which operates in
Canada , andGSFM , which operates inAustralia . -
Canadian Wealth Management, operating as CI Wealth, which includes CI Assante Wealth Management,
Aligned Capital Partners , CI Assante Private Client, CI Private Wealth, Northwood Family Office,CI Coriel Capital , CI Direct Investing,CI Direct Trading 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
View source version on businesswire.com: https://www.businesswire.com/news/home/20241018939908/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: