IGM HIGHLIGHTS
- Net earnings of $138.2 million or 58 cents per share compared to $207.1 million or 87 cents per share in 2022. Adjusted net earnings, excluding other items,1 were $205.5 million or 86 cents per share for the second quarter of 2023 compared to $207.1 million or 87 cents per share in 2022.
- Assets under management and advisement of $261.1 billion, up slightly from the prior quarter and up 7.9% from the second quarter of 2022.
- IGM Financial’s assets under management and advisement including Strategic Investments were $402.8 billion as at June 30, 2023, compared with $376.5 billion at March 31, 2023 and $305.0 billion at June 30, 2022. This is a new measure and reflects the importance of these high growth investments and their contribution to IGM’s value.
- Net outflows were $821 million compared to net outflows of $527 million in 2022.
https://www.newswire.ca/news-releases/igm-financial-reports-second-quarter-earnings-815235186.html
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