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Anne Arundel County Retirement and Pension System, Annapolis, Md., hired Hardman Johnston Global Advisors to run $110 million in active international growth equities and Axiom Investors to run $80 million in active emerging markets growth equities.
The $1.9 billion pension fund’s board approved… ....
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CI Financial snaps up Dowling & Yahnke Wealth Advisors Getty Images CI Financial Corp. continues acquiring registered investment advisers with the purchase of Dowling & Yahnke Wealth Advisors, a San Diego-based RIA with $5.1 billion in assets under management. Terms of the deal, which is expected to close in the second quarter, were not disclosed. Like other CI acquisitions, D&Y will keep its name, a CI spokeswoman confirmed Monday in an email. The acquisition marks the 18th that Toronto-based CI has made since entering the U.S. RIA market in January 2020. Once the deal closes, CI will have roughly $79 billion in U.S. assets under management and $289 billion in global AUM. ....
Press release content from Business Wire. The AP news staff was not involved in its creation. CI Financial Reports Record Total Assets of $240.6 Billion for March 2021 April 14, 2021 GMT TORONTO (BUSINESS WIRE) Apr 14, 2021 CI Financial Corp. (“CI”) (TSX: CIX, NYSE: CIXX) today reported preliminary assets under management as at March 31, 2021 of $138.5 billion and wealth management assets of $102.1 billion, for total assets of $240.6 billion. These represent CI’s highest-ever month-end levels for wealth management assets and total assets. ADVERTISEMENT “We believe the growth in assets to record levels reflects our success in implementing our strategic priorities of modernizing asset management, expanding CI’s wealth management platform and globalizing the firm,” said Kurt MacAlpine, CI Chief Executive Officer. “Notably, we are seeing improvement in asset management net flows, with the first quarter being our best quarter for net flows since t ....