CI will see its AUM increase by 16% to approximately $140 billion from $120.4 billion and maintain Sentry as a standalone brand
The acquisition of Grant Samuel Funds Management expands CI’s presence in global markets
The now former interim CEO of Aston Hill and one-time CI executive returns to replace Stephen MacPhail
First Asset will continue to operate as a separate company under its own name and current management team
First Asset will operate as an independent subsidiary of CI
Deal strengthens First Asset's ability to grow and to expand its product lineup
New ratings criteria used for global asset managers
Investors, companies to pay their own legal costs
In addition to his success on Bay Street, Raymond Chang was a well-known philanthropist