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IGM FINANCIAL INC. ANNOUNCES NOVEMBER 2023 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWS

Newswire.ca - Tue Dec 5, 2023

WINNIPEG, MB, Dec. 5, 2023 /CNW/ - IGM Financial Inc. (IGM) (TSX: IGM) today reported preliminary total consolidated net outflows of $290 million during November 2023 as shown in Table 1. Total assets under management and advisement were $234.9 billion at November 30, 2023, compared with $250.3 billion at October 31, 2023, and $256.7 billion at November 30, 2022.  Due to the closing of the sale of 100% of Investment Planning Counsel, total assets under management and advisement were reduced by $27.3 billion at November 30, 2023. Total assets under management and advisement excluding Investment Planning Counsel increased by 4.7% or $10.5 billion at November 30, 2023. Assets under management and advisement are shown in Table 2.  

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