Analysts remain cautious, but there may be room for positive surprises
The firm’s AUM was up 14% year over year
CPPIB's main fund achieved a 5.6% net return for the quarter ended June 30
Some of the asset manager's businesses were affected by the economic shutdown
Sun Life's net income missed analysts' expectations for Q2
The Winnipeg-based firm reported net earnings of $183.5 million, down from $185.1 million a year ago
Redemptions were down in a quarter that saw CI acquire ownership stakes in two U.S. RIAs
The firm reported a 30% year-over-year increase in investment banking revenue
Net income was $727 million for the period ended June 30, down from $1.47 billion a year ago
The sale of GLC Asset Management is for $175 million in cash