Edition:
India

CI Financial Corp (CIX.TO)

CIX.TO on Toronto Stock Exchange

16.62CAD
1:30am IST
Change (% chg)

$-1.03 (-5.84%)
Prev Close
$17.65
Open
$17.42
Day's High
$17.56
Day's Low
$16.57
Volume
760,823
Avg. Vol
581,968
52-wk High
$25.81
52-wk Low
$10.53

Latest Key Developments (Source: Significant Developments)

Ci Financial To Acquire Bowling Portfolio Management Of Cincinnati, Its Ninth Ria Transaction In 2020
Monday, 21 Sep 2020 

Sept 21 (Reuters) - CI Financial Corp ::CI FINANCIAL TO ACQUIRE BOWLING PORTFOLIO MANAGEMENT OF CINCINNATI, ITS NINTH RIA TRANSACTION IN 2020.CI FINANCIAL CORP - TERMS OF TRANSACTION WERE NOT DISCLOSED.  Full Article

CI Financial Reports Q2 Earnings Per Share C$0.56
Thursday, 6 Aug 2020 

Aug 6 (Reuters) - CI Financial Corp ::CI FINANCIAL REPORTS RESULTS FOR THE SECOND QUARTER OF 2020.Q2 ADJUSTED EARNINGS PER SHARE C$0.56.Q2 EARNINGS PER SHARE C$0.56.Q2 EARNINGS PER SHARE ESTIMATE C$0.55 -- REFINITIV IBES DATA.WEALTH MANAGEMENT ASSETS REACHED RECORD HIGH OF $53.9 BILLION AT QUARTER-END.CI FINANCIAL - GENERATED $128.3 MILLION IN FREE CASH FLOW DURING QUARTER, COMPARED TO $143.7 MILLION IN QUARTER ENDED MARCH 31.AT JUNE 30, TOTAL ENDING ASSETS UNDER MANAGEMENT WERE $125.6 BILLION, AN INCREASE OF $14.5 BILLION OR 13% FROM MARCH 31, 2020.CI REPORTED OVERALL NET REDEMPTIONS OF $1.9 BILLION IN Q2.  Full Article

CI Financial To Acquire Investment Advisor BDF
Tuesday, 4 Aug 2020 

Aug 4 (Reuters) - CI Financial Corp ::CI FINANCIAL TO ACQUIRE BDF, A US$4.5-BILLION LEADING CHICAGO REGISTERED INVESTMENT ADVISOR, BOOSTING CI'S U.S. WEALTH ASSETS TO US$11 BILLION IN JUST SIX MONTHS.CI FINANCIAL CORP - TERMS WERE NOT DISCLOSED.CI FINANCIAL - CHAD CARLSON, WHO IS CURRENTLY WEALTH MANAGER AND DIRECTOR OF RESEARCH AT BDF, WILL BE NAMED PRESIDENT AND CO-CHIEF INVESTMENT OFFICER.  Full Article

CI Financial Powers OCM Capital Partners' Acquisition Of Registered Investment Advisor Thousand Oaks Financial
Friday, 31 Jul 2020 

July 30 (Reuters) - CI Financial Corp ::CI FINANCIAL POWERS OCM CAPITAL PARTNERS' ACQUISITION OF REGISTERED INVESTMENT ADVISOR THOUSAND OAKS FINANCIAL.CI FINANCIAL CORP - TERMS WERE NOT DISCLOSED.  Full Article

CI Financial Reports Assets Under Management For June 2020 Wealth Management Assets At Record High
Thursday, 9 Jul 2020 

July 8 (Reuters) - CI Financial Corp ::CI FINANCIAL REPORTS ASSETS UNDER MANAGEMENT FOR JUNE 2020; WEALTH MANAGEMENT ASSETS AT RECORD HIGH.CI FINANCIAL CORP - PRELIMINARY AUM AT JUNE 30, 2020 OF $125.5 BILLION.CI FINANCIAL CORP - IN PRELIM Q2, CANADIAN RETAIL BUSINESS, EXCLUDING PRODUCTS CLOSED TO NEW INVESTORS, HAD $1.0 BILLION IN NET REDEMPTIONS.CI FINANCIAL CORP - INTERNATIONAL BUSINESS FLOWS WERE FLAT FOR Q2.  Full Article

CI Financial Renews Normal Course Issuer Bid and Automatic Securities Purchase Plan
Tuesday, 16 Jun 2020 

June 16 (Reuters) - CI Financial Corp ::CI FINANCIAL CORP - HAS ACCEPTED ITS NOTICE OF INTENTION TO MAKE A NORMAL COURSE ISSUER BID AND AUTOMATIC SECURITIES PURCHASE PLAN.CI FINANCIAL CORP - INTENDS TO PURCHASE UP TO 19.7 MILLION OF ITS COMMON SHARES BY WAY OF A NORMAL COURSE ISSUER BID.CI FINANCIAL CORP - EXPECTED THAT PURCHASES UNDER NORMAL COURSE ISSUER BID MAY COMMENCE ON JUNE 18, 2020 AND WILL TERMINATE ON JUNE 17, 2021.CI FINANCIAL CORP - BELIEVES THAT MARKET PRICE OF COMMON SHARES MAY, AT CERTAIN TIMES THROUGHOUT DURATION OF NORMAL COURSE ISSUER BID, BE UNDERVALUED.CI FINANCIAL - BOARD OF DIRECTORS ARE OF OPINION THAT PURCHASE OF COMMON SHARES IS AN APPROPRIATE USE OF FUNDS IN ORDER TO INCREASE SHAREHOLDER VALUE..  Full Article

Ci Financial Says In May, CI's Assets Under Management Increased By 1.8%
Wednesday, 3 Jun 2020 

June 2 (Reuters) - CI Financial Corp ::CI FINANCIAL REPORTS ASSETS UNDER MANAGEMENT FOR MAY 2020.PRELIMINARY ASSETS UNDER MANAGEMENT AT MAY 31, 2020 OF $121.0 BILLION AND ASSETS UNDER ADMINISTRATION OF $51.0 BILLION.IN MAY, CI'S ASSETS UNDER MANAGEMENT INCREASED BY 1.8% AND ITS CANADIAN ASSETS UNDER ADMINISTRATION INCREASED BY 1.7%.AVERAGE ASSETS UNDER MANAGEMENT FOR QUARTER-TO-DATE WERE $116.7 BILLION, COMPARED TO AVERAGE OF $127.2 BILLION FOR Q1 OF 2020.  Full Article

CI Financial Reports Q1 Adj. Earnings Per Share Of C$0.58
Wednesday, 6 May 2020 

May 6 (Reuters) - CI Financial Corp ::CI FINANCIAL REPORTS FIRST QUARTER RESULTS FOR 2020.Q1 ADJUSTED EARNINGS PER SHARE C$0.58.Q1 EARNINGS PER SHARE C$0.55.Q1 EARNINGS PER SHARE ESTIMATE C$0.60 -- REFINITIV IBES DATA.  Full Article

CI Financial Continues U.S. Wealth Expansion With Acquisition Of A Strategic Interest In The Cabana Group
Tuesday, 21 Apr 2020 

April 21 (Reuters) - CI Financial Corp ::CI FINANCIAL CONTINUES U.S. WEALTH EXPANSION WITH ACQUISITION OF A STRATEGIC INTEREST IN THE CABANA GROUP.CI FINANCIAL CORP - CABANA TRANSACTION IS CURRENTLY EXPECTED TO CLOSE LATER THIS QUARTER.CI FINANCIAL CORP - TERMS WERE NOT DISCLOSED IN CABANA TRANSACTION.  Full Article

CI Financial Corp Says Qtrly Diluted EPS $0.65
Friday, 14 Feb 2020 

Feb 14 (Reuters) - CI Financial Corp ::CI FINANCIAL REPORTS FOURTH QUARTER AND ANNUAL RESULTS FOR 2019.FY ADJUSTED EARNINGS PER SHARE C$2.41.Q4 EARNINGS PER SHARE C$0.66.Q4 EARNINGS PER SHARE ESTIMATE C$0.63 -- REFINITIV IBES DATA.AVERAGE AUM WERE $130.9 BILLION FOR QUARTER ENDED DECEMBER 31, 2019, UP 1% FROM BOTH COMPARABLE QUARTERS.QTRLY DILUTED EPS $0.65.  Full Article