Investment fund sales and assets under management topped previous highs
Former leader Chris Reynolds will transition to a new executive chair role on July 1
AUM and AUA were also up, for the quarter and compared with March 2020
IG Wealth Management and Mackenzie Investments recorded record-high asset levels
James O'Sullivan will now lead IGM Financial and Damon Murchison will lead IG Wealth Management
The Winnipeg-based firm reported net earnings of $183.5 million, down from $185.1 million a year ago
Trading activity on TMX equity markets subsides further in May
Market drop related to Covid-19 affected firm's AUM
Assets return to fund companies during April rebound
Reports on sales and assets offer initial glimpse of industry impact