Latest news with #IGM
Cision Canada
2 days ago
- Business
- Cision Canada
IGM Financial Inc. to announce second quarter 2025 results on August 6, 2025 Français
WINNIPEG, MB, June 26, 2025 /CNW/ - IGM Financial Inc. (TSX: IGM) will announce its second quarter 2025 results after markets close on Wednesday, August 6, 2025. A live webcast of IGM Financial's second quarter 2025 results conference call will be available at Quarterly reporting ( on Thursday, August 7 at 7am CT/8am ET. James O'Sullivan, President and Chief Executive Officer, IGM Financial Inc., Luke Gould, President and Chief Executive Officer, Mackenzie Investments, Damon Murchison, President and Chief Executive Officer, IG Wealth Management and Keith Potter, Executive Vice-President and Chief Financial Officer, IGM Financial Inc., will participate in the call. Please pre-register for the webcast (Register) to obtain a calendar booking with your dial-in numbers and unique PIN. Your call will be connected on a listen-only basis. Should you miss the conference call, a playback will be available by calling 1-855-669-9658 from August 7, 2025 at 5 p.m. CT/6 p.m. ET until September 7, 2025. Please use passcode 7389730. An archived version of the webcast will also be available on IGM Financial Inc.'s website. ABOUT IGM FINANCIAL INC. IGM Financial Inc. ("IGM", TSX: IGM) is a leading Canadian diversified wealth and asset management organization with approximately $279 billion in total assets under management and advisement as of May 31, 2025. The company is committed to bettering the lives of Canadians by better planning and managing their money. To achieve this, IGM provides a broad range of financial planning and investment management services to help approximately two million Canadians meet their financial goals. IGM's activities are carried out principally through IG Wealth Management and Mackenzie Investments and are complimented by strategic positions in wealth managers Rockefeller Capital Management and Wealthsimple and asset managers ChinaAMC and Northleaf Capital. These strengthen IGM's capabilities, reach and diversification. IGM is a member of the Power Corporation group of companies. For more information, visit
Yahoo
4 days ago
- Business
- Yahoo
Institute for Governance & Markets: Survey Reveals Growing Frustration Among Co-op Shareholders Over Glanbia Governance
Institute for Governance & Markets releases preliminary findings from member surveys and launches nationwide study. DUBLIN, June 24, 2025 /PRNewswire/ -- The Institute for Governance & Markets ("IGM") today released highlights from its Spring 2025 field surveys examining member perceptions of governance, transparency, and accountability in Irish agricultural co-operatives. Drawing on responses gathered at the Annual General Meetings of Glanbia Plc and its majority shareholder Tirlán, the findings reveal a growing disconnect between co-operative principles and current governance practices. The surveys, conducted in person and via digital questionnaires at Glanbia Plc ("Glanbia") and Tirlán's annual meetings, capture the voices of farmer shareholders. A majority of respondents expressed doubts about the clarity of decision-making processes, the effectiveness of accountability mechanisms, and the alignment of leadership with member interests. Key Findings: 61% of members feel they have sufficient voice in major investment decisions. Over 70% of members surveyed expressed doubt about the effectiveness of current accountability mechanisms. 57% said their co-op should align more closely with institutional investors calling for governance reform. 65% of respondents indicated limited understanding of how investment decisions are made and evaluated. While the research focused on Glanbia and Tirlán as case studies, the findings point to broader challenges that may affect democratic participation and trust within member-owned enterprises. While many respondents support the principle of co-operative ownership, the findings underscore growing frustration with how that ownership is being managed, particularly in the context of Glanbia's recent performance and strategic direction. Next Steps: National Survey To validate and expand upon these initial findings, IGM is now launching a nationwide survey which can be found on IGM's website at: About IGM The Institute for Governance & Markets (IGM) is an independent research initiative focused on how ownership structures, governance frameworks, and market dynamics impact civic and economic outcomes. Founded by a group of European researchers, IGM examines how governance and issues of stakeholder influence across various sectors influence economic growth. Media Contact:inquiries@ Logo - View original content to download multimedia:
Time of India
15-06-2025
- Politics
- Time of India
India and England to jointly celebrate Int'l Gita Jayanti this year: Haryana chief minister Nayab Singh Saini
Kurukshetra: Haryana chief minister Nayab Singh Saini announced on Sunday that this year's International Gita Mahotsav (IGM) will be celebrated in collaboration with England, marking a significant step towards taking the spiritual message of the Bhagavad Gita to a global audience. The announcement came during a media interaction after the state-level yoga marathon held at the sacred Brahma Sarovar in Kurukshetra. The CM said every year a different country is chosen to host or participate in the global celebrations of the Gita Jayanti. This year, Swami Gyananand, RSS ideologue and Bhagavad Gita scholar, is visiting England to discuss the arrangements and significance of the upcoming international event. "The efforts of Swami Gyananand to spread the message of the Gita across the world are invaluable," the CM added, emphasising the global resonance of the scripture and its moral teachings. He highlighted that millions of devotees gather annually at Brahma Sarovar for the Gita Jayanti celebrations, showcasing Kurukshetra's spiritual and cultural significance. The international expansion of this celebration, he noted, aligns with India's growing soft power and spiritual diplomacy. During his address, Saini also took a political swipe at the opposition, claiming that Punjab's public is now completely disillusioned. "Earlier they were fed up with the Congress, and now they are extremely fed up with the Aam Aadmi Party," he said. "Both parties misled the people with false promises and worked only for their personal gain. The public has now made up its mind to support the BJP and bring about real development. " Speaking on law and order, he stated that the people of Haryana are well aware of the deterioration during the Congress regime. "Now, law and order in the state has improved. Wherever violations occur, the police take strict and immediate action after investigation," he said, underlining his administration's commitment to safety and justice. CM Saini also expressed his condolences over the tragic plane crash in Ahmedabad, in which a daughter from the local district lost her life. "This is a heartbreaking incident. We pray for peace to the departed souls," he said, adding that the govt stands firmly with the bereaved families, ready to offer every possible assistance. The Yoga Marathon at Brahma Sarovar served as a reminder of Haryana's commitment to health, spirituality, and cultural unity, further strengthening its identity as a hub of ancient wisdom and modern governance. MSID:: 121861170 413 |
Time of India
15-06-2025
- Politics
- Time of India
India and England to jointly celebrate international Gita Jayanti Festival: CM Nayab Singh Saini
KURUKSHETRA: Haryana chief minister (CM) Nayab Singh Saini announced on Sunday that this year's International Gita Mahotsav (IGM) will be celebrated in collaboration with England, marking a significant step in taking the spiritual message of the Bhagavad Gita to a global audience. The announcement came during a media interaction after the state-level Yoga Marathon held at the sacred Brahma Sarovar in Kurukshetra. CM Saini said that every year a different country is chosen to host or participate in the global celebrations of the Gita Jayanti. This year, Swami Gyananand, RSS ideologue, Bhagavad Gita scholar, is visiting England to discuss the arrangements and significance of the upcoming international event. 'The efforts of Swami Gyananand to spread the message of the Gita across the world are invaluable,' the Chief Minister added, emphasizing the global resonance of the scripture and its moral teachings. He highlighted that millions of devotees gather annually at Brahma Sarovar for the Gita Jayanti celebrations, showcasing Kurukshetra's spiritual and cultural significance. The international expansion of this celebration, he noted, aligns with India's growing soft power and spiritual diplomacy. During his address, CM Saini also took a political swipe at the opposition, claiming that Punjab's public is now completely disillusioned. 'Earlier they were fed up with the Congress, and now they are extremely fed up with the Aam Aadmi Party,' he said. 'Both parties have misled the people with false promises and worked only for their personal gain. The public has now made up its mind to support the BJP and bring about real development. ' Speaking on law and order, he stated that the people of Haryana are well aware of the deterioration during the Congress regime. 'Now, law and order in the state has improved. Wherever violations occur, the police take strict and immediate action after investigation,' he said, underlining his administration's commitment to safety and justice. CM Saini also expressed his condolences over the tragic plane crash in Ahmedabad, in which a daughter from the local district lost her life. 'This is a heartbreaking incident. We pray for peace to the departed souls,' he said, adding that the government stands firmly with the bereaved families, ready to offer every possible assistance. The event was attended by several prominent dignitaries including former minister Subhash Sudha, Haryana Sports Department Director and Ambala Division Commissioner Sanjeev Verma, Deputy Commissioner Neha Singh, SP Nitish Aggarwal, BJP District President Sardar Tejendra Singh Goldy, CM Office in-charge Kailash Saini, Chairman Dharmvir Mirzapur, Vice Chairman Dhuman Singh Kirmach, Haryana Yoga Commission Chairman Jaideep Arya, District Council Chairperson Kanwaljeet Kaur, and BJP leader Subhash Kalsana among others. The Yoga Marathon at Brahma Sarovar served as a reminder of Haryana's commitment to health, spirituality, and cultural unity, further strengthening its identity as a hub of ancient wisdom and modern governance.
Cision Canada
04-06-2025
- Business
- Cision Canada
IGM FINANCIAL INC. ANNOUNCES MAY 2025 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWS Français
WINNIPEG, MB, June 4, 2025 /CNW/ - IGM Financial Inc. (IGM) (TSX: IGM) today reported record high total assets under management and advisement of $278.8 billion at May 31, 2025, up 11.0% from $251.1 billion at May 31, 2024. Total consolidated net inflows were $190 million during May 2025. MAY HIGHLIGHTS IGM Financial – Record high assets under management & advisement were $278.8 billion up from $269.5 billion in the prior month. Investment fund net sales were $356 million up from net redemptions of $378 million in May 2024. Total net inflows were $190 million up from net outflows of $302 million in May 2024. IG Wealth Management (IGWM) – Assets under advisement were $143.7 billion up from $139.1 billion in the prior month. Record high Investment fund net sales were $250 million up from net redemptions of $127 million in May 2024. Total net inflows were $65 million up from net outflows of $2 million in May 2024. Mackenzie Investments – Record high assets under management were $221.0 billion up from $213.7 billion in the prior month. Investment fund net sales were $106 million up from net redemptions of $251 million in May 2024. Total net sales of $125 million up from net redemptions of $300 million in May 2024. Table 2 – Assets under Management and Advisement ($ millions) (unaudited) May 2025 April 2025 % Change Last Month Wealth Management IG Wealth Management Assets under management 126,845 122,505 3.5 % Other assets under advisement 16,834 16,546 1.7 % Assets under advisement 143,679 139,051 3.3 % Asset management Mackenzie Investments Mutual funds 61,459 59,351 3.6 % ETFs 8,305 7,896 5.2 % Investment funds 69,764 67,247 3.7 % Institutional SMA 11,630 11,155 4.3 % Sub-advisory to Canada Life 53,741 52,039 3.3 % Total Institutional SMA 65,371 63,194 3.4 % Total third party assets under management 135,135 130,441 3.6 % Sub-advisory and AUM to Wealth Management 85,820 83,305 3.0 % Total 220,955 213,746 3.4 % ETF's distributed to third parties 8,305 7,896 5.2 % ETF's held within IGM managed products 9,761 9,092 7.4 % Total ETFs 18,066 16,988 6.4 % Total Assets under management 261,980 252,946 3.6 % Other assets under advisement 16,834 16,546 1.7 % Assets under management and advisement 278,814 269,492 3.5 % Table 3 - Average Assets under Management and Advisement ($ millions) (unaudited) Quarter to date 2025 Wealth Management IG Wealth Management Assets under management 122,859 Other assets under advisement 16,551 Assets under advisement 139,410 Asset Management Mackenzie Investments Mutual funds 59,556 ETFs 7,914 Investment funds 67,470 Institutional SMA 11,524 Sub-advisory to Canada Life 52,068 Total Institutional SMA 63,592 Total third party assets under management 131,062 Sub-advisory and AUM to Wealth Management 84,543 Total 215,605 ETFs distributed to third parties 7,914 ETFs held within IGM managed products 9,221 Total ETFs 17,135 Total Assets under management 253,921 Other assets under advisement 16,551 Assets under management and advisement 270,472 1 Excludes sub-advisory to Canada Life and the Wealth Management segment. Glossary of Terms Assets Under Management and Advisement (AUM&A) represents the consolidated AUM and AUA of IGM Financial's core businesses IG Wealth Management and Mackenzie Investments. In the Wealth Management segment, AUM is a component part of AUA. All instances where the asset management segment is providing investment management services or distributing its products through the Wealth Management segment are eliminated in our reporting such that there is no double-counting of the same client savings held at IGM Financial's core businesses. AUM&A excludes Investment Planning Counsel's (IPC's) AUM, AUA, sales, redemptions and net flows which have been disclosed as Discontinued operations. Assets Under Advisement (AUA) are the key driver of the Wealth Management segment. AUA are savings and investment products held within client accounts of our Wealth Management segment core businesses. Assets Under Management (AUM) are the key driver of the Asset Management segment. AUM are a secondary driver of revenues and expenses within the Wealth Management segment in relation to its investment management activities. AUM are client assets where we provide investment management services and include investment funds where we are the fund manager, investment advisory mandates to institutions, and other client accounts where we have discretionary portfolio management responsibilities. Mutual fund gross sales and net sales reflect the results of the mutual funds managed by the respective operating companies, and in the case of the Wealth Management segment also include other discretionary portfolio management services provided by the operating companies, including separately managed account programs. ETF's represent exchange traded funds managed by Mackenzie. Institutional SMA represents investment advisory and sub-advisory mandates to institutional investors, pension plans and foundations through separately managed accounts. Other net flows and Other assets under advisement represents financial savings products held within client accounts in the Wealth Management segment that are not invested in products or programs where these operating companies perform investment management activities. These savings products include investment funds managed by third parties, direct investment in equity and fixed income securities and deposit products. Net flows represent the total net contributions, in cash or in kind, to client accounts at the Wealth Management segment and the overall net sales to the Asset Management segment. Wealth Management – Reflects the activities of operating companies primarily focused on providing financial planning and related services to Canadian households and represents the operations of IGWM. IGWM is a retail distribution organization that serves Canadian households through their securities dealers, mutual fund dealers and other subsidiaries licensed to distribute financial products and services. The majority of the revenues of this segment are derived from providing financial advice and distributing financial products and services to Canadian households. This segment also includes the investment management activities of these organizations, including mutual fund management and discretionary portfolio management services. Asset Management – Reflects the activities of operating companies primarily focused on providing investment management services, and represents the operations of Mackenzie Investments. Investment management services are provided to a suite of investment funds that are distributed through third party dealers and financial advisors, and also through institutional advisory mandates to pension and other institutional investors. Discontinued operations - Reflects the activities of Investment Planning Counsel. On April 3, 2023, IGM Financial announced the sale of 100% of the common shares of Investment Planning Counsel Inc. for cash consideration of $575 million. The transaction closed on November 30, 2023. ABOUT IGM FINANCIAL INC.
