financetom
Business
financetom
/
Business
/
IGM Financial January Assets Under Management Rise 15%
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
IGM Financial January Assets Under Management Rise 15%
Feb 5, 2025 8:58 AM

11:36 AM EST, 02/05/2025 (MT Newswires) -- IGM Financial ( IGIFF ) on Wednesday reported total assets under management and advisement increased 15% to $278 billion on Jan. 31, from $241.2 billion a year earlier.

Total consolidated net outflows were $50 million during January, compared with net outflows of $231 million in January, 2024.

IG Wealth Management reported record high assets under advisement of $144.4 billion in January, up from $140.4 billion the prior month.

Mackenzie Investments also reported record high assets under management of $219.5 billion compared to $213.3 billion in the prior month.

IGM's shares were last seen up $0.10 to $44.79 on the Toronto Stock Exchange.

Price: 44.79, Change: +0.10, Percent Change: +0.22

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Analysis-Tesla's self-driving bid for China faces rivals racing ahead
Analysis-Tesla's self-driving bid for China faces rivals racing ahead
Apr 29, 2024
SHANGHAI/BEIJING (Reuters) - If Tesla succeeds in bringing its Full Self-Driving system to China, the world's largest car market, the U.S. electric-car pioneer will be shifting into the fast lane of the global race toward autonomous vehicles. On a whirlwind trip to Beijing starting Sunday, Musk came to discuss the potential rollout of its FSD driver-assistance system and the possibility...
Lufthansa looks to strong summer to shake off strike costs
Lufthansa looks to strong summer to shake off strike costs
Apr 29, 2024
BERLIN (Reuters) -Lufthansa hopes to claw back its strike-related losses in the second half of the year, the German flag carrier said on Tuesday, pointing to a strong summer season with bookings up 16% on the previous year. The airline confirmed its forecast of full-year adjusted earnings before interest and taxes (EBIT) of 2.2 billion euros ($2.3 billion), which it...
France's Capgemini Q1 sales fall in slowing market
France's Capgemini Q1 sales fall in slowing market
Apr 29, 2024
(Reuters) -French IT consulting group Capgemini reported lower first-quarter revenue on Tuesday, compared with the same period last year, citing an expected slowdown in the market. The company's revenue fell 3.5% to 5.53 billion euros ($5.92 billion) in the first three months of 2024, against 5.73 billion euros in the year-ago period. As anticipated, the market continued to slow down...
FOCUS-Fast-fashion giant Shein wants to sell skincare, toothpaste and toys, too
FOCUS-Fast-fashion giant Shein wants to sell skincare, toothpaste and toys, too
Apr 29, 2024
* Shein pitches to bring big brands onto marketplace * Household names key to winning more shoppers' trust * Company presented at event in Madrid last month * Move will see expansion beyond fashion By Helen Reid LONDON, April 30 (Reuters) - Online fast-fashion retailer Shein is courting brands like toothpaste conglomerate Colgate-Palmolive ( CL ) and toymaker Hasbro (...
Copyright 2023-2026 - www.financetom.com All Rights Reserved