01:06 PM EDT, 06/05/2024 (MT Newswires) -- IGM Financial ( IGIFF ) Wednesday reported total assets under management and advisement of $251.1 billion on May 31, , up 1.8% from $246.7 billion at April 30 and up 8.9% from $230.6 billion at May 31, 2023.

Total consolidated net outflows were $301 million during May.

For IGM Financial ( IGIFF ), assets under management & advisement of $251.1 billion were up 1.8% in the month. Total net outflows were $301 million up from net outflows of $414 million in May 2023. Investment fund net redemptions were $377 million up from net redemptions of $473 million in May 2023.

IG Wealth Management had assets under advisement of $128.6 billion were up 2.3% in the month. Total net outflows were $3 million up from net outflows of $34 million in May 2023.

Mackenzie showed assets under management of $201.8 billion were up 1.4% in the month. Investment fund net redemptions were $250 million up from net redemptions of $365 million in May 2023. Total net redemptions were $299 million up from net redemptions of $380 million in May 2023.

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