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IGM Financial Reports Assets and Net Flows for November
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IGM Financial Reports Assets and Net Flows for November
Dec 4, 2024 11:55 AM

02:25 PM EST, 12/04/2024 (MT Newswires) -- IGM Financial ( IGIFF ) Wednesday reported total assets under management and advisement (AUMA) of $273.4 billion at Nov. 30, up 16% from $234.9 billion a year earlier.

Total consolidated net inflows were $50 million during November.

IGM Financial ( IGIFF ) November AUMA rose from $264.8 billion in the prior month. Total net inflows were $50 million up from net outflows of $396 million in November 2023. Investment fund net redemptions were $97 million up from net redemptions of $633 million in November 2023.

IG Wealth Management had record high assets under advisement of $141.3 billion were up 3.5% in the month. Investment fund net sales were $58 million up from net redemptions of $412 million in November, 2023. Total net inflows were $221 million up from net outflows of $83 million a year prior.

Mackenzie Investments reported record high assets under management of $217.2 billion were up 2.8% in the month. Investment fund net redemptions were $155 million compared to net redemptions of $221 million in November 2023. Total net redemptions were $171 million compared to net redemptions of $313 million in November 2023.

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