2023-04-05 14:16:59 ET
- IGM Financial ( TSX: IGM:CA ) ( OTCPK:IGIFF ) reported an increase in March net inflows to $232M and AUM and advisement to $260.4B.
- For February, AUM and advisement came in at $258.0B, while it was $268.3B for March 2022.
- March 2022 net inflows were $131M.
- Investment fund net redemptions for March were $70M, compared to net sales of $275M in March 2022.
- The wealth management division reported an increase of 8% in March assets under advisement to $115.9B.
- The unit's March net outflows were $14M, compared to net inflows of $357M in March 2022.
- Source: Press Release
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IGM Financial reports increase in March net inflows, AUM and advisement