Office address: 15 York Street, 2nd Floor Toronto, ON, M5J 0A3
Website: www.cifinancial.com/ci-gam/ca/en/index.html
Year established: 1965
Company type: asset management
Employees: 2,400
Expertise: finance
Parent company: CI Financial Corp.
CEO and key people: Kurt MacAlpine, CEO and Director
Financing Status: corporate-backed or acquired
CI Global Asset Management is one of the largest investment management firms in Canada. The company was first known as Canadian International in 1993, then CI Investments Inc., then CI Global Asset Management. This recent rebranding in 2020 is part of the strategy to modernize the company and its offerings under its dynamic leader, Kurt MacAlpine.
CI Global Asset Management was established in 1965; with each year came steady growth and more diverse offerings. By the early 1980s, the company had become one of the largest asset managers in Canada.
Today, the company is one of the largest asset managers in the world. Following its rapid expansion and growth, CI Global Asset Management has around $117 billion in AUM as at March 2023. The company operates in Canada, the USA, and Australia.
CI Global Asset Management offers a wide range of investment products and services, including:
These products and services are designed to meet the needs of a wide range of investors, from individual investors to institutional investors.
The company also offers a variety of investment strategies covering growth, income, and balanced strategies.
The company has a strong heritage of innovation and collaboration. It takes pride in offering the first tax-efficient funds in the market through CI Corporate Class.
CI Global Asset Management implements DEI programs in the workplace, with much success. According to its 2022 annual report, around 40% of its workforce are minorities and 43% of C-suite officers are women.
CI Global Asset Management’s parent company, CI Financial, was also recently named one of Greater Toronto’s top employers for 2023.
Kurt MacAlpine was appointed CEO and Director of CI Global Asset Management in 2019. It was a homecoming of sorts for him - he is originally from New Brunswick and moved to New York in 2006.
Now that he is back in Canada, MacAlpine is determined to help solidify CI Global Asset Management’s role as an industry leader. Under his leadership, the company’s AUM grew from $176 billion to $231 billion within 16 months.
Mr MacAlpine is part of Wealth Professional’s Hot List 2020 and Hot List 2021.
CI Global Asset Management is well positioned for even more growth. The company has a strong track record of innovation, and it is committed to providing its clients with the best possible investment products and services. CI Global Asset Management is also expanding its international presence, and the company is sure to capture growth in emerging markets.
A team of Morningstar panellists reveal their strategy to dealing with ever-shifting markets
CI GAM introduces performance-based fees, AGF launches an alternative income fund, and SLGI streamlines offerings
Threat of tariffs overhang Bank of Canada and Federal Reserve interest rate decisions
It offers structured note exposure with active management
New CI GAM mutual funds offer investors a range of options based on different risk profiles and goals
CIO sees us at a turning point in the interest rate cycle, highlighting opportunities and the volatility simmering beneath
CI GAM's new ETF and fund provide access to a global portfolio of dividend-paying companies with growth potential
CI GAM removes lock-up period, adds registered plan eligibility, and caps fees for private funds
CI GAM on private credit: a risky perception but a manageable reality
CI GAM launches innovative multi-sector and US bond covered call funds, enhancing income options