CI Financial traded at 31.99 this Thursday August 14th. Looking back, over the last four weeks, CI Financial lost 0.98 percent. Over the last 12 months, its price rose by 93.18 percent. Looking ahead, we forecast CI Financial to be priced at 31.22 by the end of this quarter and at 29.00 in one year, according to Trading Economics global macro models projections and analysts expectations.
CI Financial Corp. is a Canada-based independent, diversified global asset and wealth management company operating in Canada, the United States and Australia. The Company’s primary business is the management and distribution of a range of financial products and services, including mutual funds, segregated funds, exchange-traded funds, financial planning, insurance, investment advice, wealth management and estate and succession planning. It operates through two segments: asset management and wealth management. The asset management segment includes the operating result and financing position of its investments, GSFM, Marret and LPAM, which derive their revenues principally from the fees earned on the management of several families of mutual funds, segregated funds and exchange traded funds. The wealth management includes the operating results and financial position of its Private Counsel LP, the United States RIAs, Aligned, CI Investment Services, Wealthbar and AWM and its subsidiaries.