September 16, 2018 - KEG.UN
The Keg Royalties Income Fund - Q2-2018 Earnings .....
September 15, 2018 - BPF.UN
Boston Pizza Royalties Income Fund -Q2-2018 Earnings Update .....
September 14, 2018 - SPB
Superior Plus Corp - Q2-2018 Earnings & Price Target Update .....
September 13, 2018 - TRP
TransCanada Corp. Q2-2018 Earnings Update .....
September 12, 2018 - HR.UN
H&R REIT Q2-2018 Earnings Update .....
September 9, 2018 - FTS
Fortis Inc. Q2-2018 Earnings - Price Target Update .....
September 8, 2018 - EMA
Emera Inc. Q2-2018 Earnings & Price Target Update .....
September 7, 2018 - WIR.U
WPT Industrial REIT - Q2-2018 Earnings & Price Target Update .....
Recommendation Changes
AX.UN, DIR.UN, EXE, DR, INE, more...

IGM Financial Inc. Q1-2018 Earnings & Price Target

This is only a sample of the article, please login to view the entire article

IGM Financial Inc. (TSX:IGM) is one of Canada's largest financial services companies operating in three segments, Investors Group Inc., Mackenzie Financial Corporation, and the Investment Planning Counsel Inc. Investors Group contribute 65% of revenues, Mackenzie – 30% and Investment Planning Counsel at 5%.

Investors Group, founded in 1926, with over 4,100 representatives has $88B in mutual funds under management. In addition to an exclusive selection of mutual funds, they offer insurance, securities, and mortgage products. Mackenzie Investments founded in 1967, with $64.6B in assets, is an investment management firm providing mutual funds and ETF products. Investment Planning Counsel, founded in 1996, is an independent distributor of financial products, services and advice in Canada. Investment Planning Counsel is a financial planning organization in Canada, with 790 financial advisors and $27.6B in client assets under administration, which includes $5.4B in assets under management.

Power Corp. with $445B in assets is a diversified international management and holding company that holds interests in companies that are active in the financial services, sustainable and renewable energy, asset management, communications and other business sectors in North America, Europe and Asia. Power Corp. (POW) owns 65.5% of Power Financial Corp.(PWF). Power Financial in turn owns 67.7% of Great-West Life(GWO) and 61.5% of IGM Financial Inc. (IGM). IGM Financial owns 100% of Investors Group Inc. and Mackenzie Financial Corp. and 96.9% of Investment Planning Counsel. The investments in Wealthsimple and Portag3 are held jointly with Great-West Life. IGM contributes about 20% of Power Corps. annual earnings.

You must be a member to view the entire article, please subscribe or login

New Issues & Acquisition
September 14, 2018
New! Coverage Universe - Weekly Price Changes Sept 7-14, 2018
September 7, 2018
Coverage Universe - Weekly Price Changes Sept 1-7, 2018
September 6, 2018
Aecon Group Inc. - New Convertible Debenture
September 6, 2018
Bank of Montreal 4.85% Rate Reset Preferred Shares New Issue
September 5, 2018
Brookfield Infrastructure Partners LP - 5.1% Minimum Rate Preferred Units New Issue
September 4, 2018
TD Bank 4.75% Rate Reset Preferred Share New Issue
August 31, 2018
Coverage Universe - Weekly Price Changes Aug 24-31, 2018
August 24, 2018
Coverage Universe - Weekly Price Changes Aug 17-24, 2018