Acquisitions and Market Gains Lift CI Financial's AUM in 4Q; No Change to CAD 32 per Share FVE
There was little in narrow-moat-rated CI Financial's fourth-quarter results that would alter our long-term view of the firm. We've left our CAD 32 per share fair value estimate in place.CI Financial closed out the December quarter with CAD 143.0 billion in total AUM, reflective of a 17.5% sequential and 21.3% year-over-year increase in fund assets. Excluding the acquisitions of Sentry Investments and BBS Securities, which closed during the fourth quarter, the company's assets under management g...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.