CI Financial reported that its assets under management at April 30, 2014 were a record $97.3bn.
CI’s assets under management grew by $15.7bn or 19.2% year over year and were up $901m or 0.9% for the month of April, for the 10th consecutive month of asset growth. Total assets were $125.8bn at April 30, representing growth of $19.8bn or 18.6% for the year and $1.2bn or 0.9% in April.
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CI’s assets under management at April 30, 2014 were up $3.9bn or 4.1% from the average for the first quarter of 2014 and up $14bn or 16.8% from the average for fiscal 2013.
CI also reported assets under administration at Assante Wealth Management (Canada) Ltd. of $28.5bn at April 30, 2014, an increase of 16.6% year over year.
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