CIXX - CI Financial reports 25% growth in prelim March AUM

CI Financial ([[CIXX]] -0.5%) reported prelim assets under management of C$138.5B (+1.5% M/M, +24.7% Y/Y) as at Mar.31 and wealth management assets of C$102.1B (+2.1% M/M, +128.9% Y/Y) for total assets of C$240.6B (+1.8% M/M, +54.5% Y/Y).These indicate highest-ever month-end levels for wealth management assets and total assets.During Q1, CI announced agreements to acquire three RIAs are expected to add ~C$39B in assets to CI's U.S. business, and are scheduled to close in Q2.

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CI Financial reports 25% growth in prelim March AUM