CI Financial Corp (TSX CIX) added May 12, 2010
CI Financial Corp. is a diversified wealth management firm and one of Canada’s largest investment fund companies. Independent and Canadian-owned, CI is committed to providing investors with a comprehensive and innovative selection of top-quality investment products and services.
Since it began managing money in 1965, CI has consistently anticipated and responded to the changing needs of Canadian investors. Starting with its expertise in the international mutual fund arena, CI has steadily enhanced and improved its lineup. CI is built on choice – offering the best possible choice in portfolio management expertise and in products and services. Today, CI has the broadest selection of investment funds in Canada.
In recent years, CI has grown dramatically with a number of acquisitions that have vaulted it to the forefront of our industry. These acquisitions have enhanced the breadth of CI’s product offerings and the scope of its business. CI operates primarily through these companies:
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CI Investments Inc. offers the industry’s broadest selection of investment funds and services under the CI, Cambridge, Harbour, Signature, Synergy, Portfolio Series, Portfolio Select Series and SunWise Elite Plus banners. CI Investments also provides a wide choice of leading portfolio management teams, representing investment styles ranging from value to growth. For further information, please visit www.ci.com.
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Assante Wealth Management (Canada) Ltd. is recognized as a leader in the financial planning industry with a national network of about 800 professional investment advisors. Assante Wealth Management's subsidiaries include Assante Capital Management Ltd. and Assante Financial Management Ltd. Assante advisors have exclusive access to the customized United Financial brand of solutions - Evolution Private Managed Accounts, Artisan Portfolios, Optima Strategy and Institutional Managed Portfolios - managed by CI Investments Inc. With active management from portfolio managers around the world, these leading solutions combine investment expertise with wealth planning strategies. For high net worth clients with sophisticated wealth planning needs, we offer our exclusive Private Client Managed Portfolios through the United Financial division of CI Private Counsel LP. For further information, please visit www.assante.com.
Recent News: UPDATE - CI profit rises on markets; raises dividend
CI Financial reports first quarter results; dividend rate increased 8.3%
Scott Chan.......... Canaccord/Genuity ...........Jan 18, 2010
Upgraded to BUY from HOLD
Target raised to $25.00 from $23.50
CIX Price day before: $21.54Finish day posting:$21.78Current:$21.78
--------Nov 10, 2010---------
Maintained HOLD
Target raised to $23.50 from $21.00
CIX Price day before: $21.82Finish day posting:$21.96Current:$21.78
------Oct 13, 2010------
New HOLD
Target $21.00
CIX Price day before: $21.32Finish day posting:$21.46Current:$21.78
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Paul Holden .......... CIBC World Markets ...........Jan 10, 2010
Maintained UNDERPERFORM
Target raised to $22.00 from $20.50
CIX Price day before: $21.54Finish day posting:$21.78Current:$21.78
------Nov 10, 2010-------
Maintained UNDERPERFORM
Target raised to $20.50 from $20.25
CIX Price day before: $21.82Finish day posting:$21.96Current:$21.78
------Oct 22, 2010------
Maintained UNDERPERFORM
Target raised to $20.25 from $19.75
CIX Price day before: $21.30Finish day posting:$21.35Current:$21.78
--------Oct 15, 2010--------
Maintained UNDERPERFORM
Target raised to $19.75 from $18.75
CIX Price day before: $20.70Finish day posting:$21.41Current:$21.78
-----Aug 11, 2010---------
Maintained UNDERPERFORM
Target raised to $18.75 from $18.25
CIX Price day before: $18.98Finish day posting:$18.70Current:$21.78
-----Aug 11, 2010---------
Maintained UNDERPERFORM
Target reduced to $18.25 from $20.00
CIX Price day before: $18.85Finish day posting:$18.86Current:$21.78
-----May 26, 2010---------
Downgraded to UNDERPERFORM from SECTOR PERFORM
Target reduced to $20.00 from $21.25 (missed Target)
CIX Price day before: $18.43Finish day posting:$18.51Current:$21.78
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Geoffrey Kwan .......... RBC Capital Markets ...........Nov 10, 2010
Target raised to $23.00 from $22.00
CIX Price day before: $21.82Finish day posting:$21.96Current:$21.78
-------May 31, 2010------
Downgraded to SECTOR PERFORM from OUTPERFORM
Target reduced to $21.00 from $24.00 (Target Hit Oct 05, 2010)
CIX Price day before: $18.45Finish day posting:$18.48Current:$21.78
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Stephen Boland .......... GMP Securities ...........Nov 10, 2010
Target raised to $26.00 from $25.00
CIX Price day before: $21.82Finish day posting:$21.96Current:$21.78
-------July 12, 2010------
Target reduced to $25.00 from $27.00
CIX Price day before: $18.37Finish day posting:$18.53Current:$21.78
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Jeff Fenwick .......... Cormark ...........Nov 10, 2010
Target raised to $27.50 from $25.50
CIX Price day before: $21.82Finish day posting:$21.96Current:$21.78
------Oct 21, 2010----
Target raised to $25.50 from $24.75
CIX Price day before: $21.46Finish day posting:$21.30Current:$21.78
-----Sept 08, 2010-------
Target raised to $24.75 from $22.50
CIX Price day before: $19.63Finish day posting:$19.82Current:$21.78
------Aug 11, 2010----
Target raised to $22.50 from $22.00
CIX Price day before: $18.98Finish day posting:$18.70Current:$21.78
------July 08, 2010-----
Target reduced to $22.00 from $25.50 (Target Hit Nov 05, 2010)
CIX Price day before: $18.47Finish day posting:$18.47Current:$21.78
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John Reucassel.......... BMO Capital Markets ...........Nov 10, 2010
Maintained MARKET PERFORM
Target raised to $24.00 from $22.00
CIX Price day before: $21.82Finish day posting:$21.96Current:$21.78
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Doug Young .......... TD Newcrest ...........Nov 10, 2010
Maintained BUY
Target raised to $25.00 from $24.00
CIX Price day before: $21.82Finish day posting:$21.96Current:$21.78
-------Oct 22, 2010---------
Maintained BUY
Target raised to $24.00 from $22.00
CIX Price day before: $21.35Finish day posting:$21.40Current:$21.78
-----July 12, 2010----
Maintained BUY
Target $22.00
CIX Price day before: $18.37Finish day posting:$18.53Current:$21.78
------May 14, 2010-----
Maintained BUY
Target reduced to $22.00 from $23.00
CIX Price day before: $19.48Finish day posting:$19.61Current:$21.78
-------May 12, 2010-----
Upgraded to BUY from HOLD
Target $23.00
CIX Price day before: $19.93Finish day posting:$20.52Current:$21.78
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.......... Barclays Capital ...........Oct 08, 2010
New OVERWEIGHT
CIX Price day before: $20.81Finish day posting:$20.82Current:$21.78
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