There are concerns about the asset manager’s “growing long-term debt levels” and that the company’s debt/EBITDA ratio has increased
The mutual fund giant intends to leverage the acquisition to jump-start some technology projects, including the launch of a robo-advisor
James Dutkiewicz replaces departing Gaelen Morphet
Gaelen Morphet, Sentry’s executive vice president and CIO, is among those leaving
The addition of Sentry expands CI’s product offering and brings new advisor and client relationships to the firm
The firm anticipates the purchase of BBS Securities will help build out CI's technology platforms across various business channels
The firm has purchased BBS Securities and its affiliates, Pario Technology and Virtual Brokers
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