Please ensure you are using the most current version of Internet Explorer.

Beginning January 12, 2016, outdated versions of Internet Explorer will no longer be supported and your browsing security may be compromised. For more information click here

CI Investments
Search:       Go
    Advanced Fund Search

Home About Us Legal Contact Us CI Financial   Site Map Français
Client access
Advisor access
Prices & Performance
Fund Codes
Portfolio Management
Tools and Calculators
Learning Centre

    Related Businesses
CI Institutional Asset Management



CI Financial completes acquisition of First Asset Capital Corp.

TSX Symbol: CIX

TORONTO, Nov. 30, 2015 /CNW/ - CI Financial Corp. announced today that it has completed its acquisition of First Asset Capital Corp.

First Asset is a leader in providing actively managed and factor-based exchange-traded funds (ETFs) to the Canadian marketplace. The company, which has approximately $3 billion in assets under management, also offers a suite of mutual funds and closed-end funds. Terms of the transaction, which was first announced on October 23, 2015, were not disclosed.

First Asset will continue to operate as a separate company under its own name and current management team, led by President and Chief Executive Officer Barry H. Gordon. CI will be working with First Asset to build on its leadership in the actively managed ETF sector.

First Asset distributes its products through Canadian investment dealers and financial advisors. More information about its lineup is available at

About CI Financial

CI Financial Corp. (TSX: CIX) is an independent, Canadian-owned wealth management company with approximately $142.3 billion in assets as of October 31, 2015. Its primary operating businesses are CI Investments Inc., one of Canada's largest investment managers, and advisory businesses Assante Wealth Management and Stonegate Private Counsel. CI Financial is on the Web at

This press release contains forward-looking statements with respect to CI Financial and its products and services, including its business operations and strategy and financial performance and condition. Although management believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, including interest rates, business competition, changes in government regulations or in tax laws, and other factors discussed in materials filed with applicable securities regulatory authorities from time to time.

SOURCE CI Financial Corp.

  Privacy & Security | Legal   Funds mentioned on this website are available to Canadian residents only. © 2018 CI Financial Corp.