The bank's AUM of $345 billion represents an 11% increase from last year
The firm's wealth management net income is down by 6% compared to Q1 2021
Net income for the wealth management segment was up 11% year over year
Dave McKay said he expects monetary policy to tighten even as geopolitical tensions rise
CI CEO MacAlpine says pipeline for new deals remains "robust" despite market volatility
The results come as investors shift from growth stocks to more value-oriented options like banks
The company's fourth quarter results were also strong
The results were attributed to fund sales and market performance
Asian markets propped up fourth-quarter results for Manulife, Sun Life
The insurers reported fourth-quarter earnings on Wednesday