CI Global Asset Management

Office address: 15 York Street, 2nd Floor Toronto, ON, M5J 0A3
Year established: 1965
Company type: asset management
Employees: 2,400
Expertise: finance
Parent company: CI Financial Corp.
CEO and key people: Kurt MacAlpine, CEO and Director
Financing Status: corporate-backed or acquired

CI Global Asset Management is one of the largest investment management firms in Canada. The company was first known as Canadian International in 1993, then CI Investments Inc., then CI Global Asset Management. This recent rebranding in 2020 is part of the strategy to modernize the company and its offerings under its dynamic leader, Kurt MacAlpine.

History of CI Global Asset Management

CI Global Asset Management was established in 1965; with each year came steady growth and more diverse offerings. By the early 1980s, the company had become one of the largest asset managers in Canada.

Today, the company is one of the largest asset managers in the world. Following its rapid expansion and growth, CI Global Asset Management has around $117 billion in AUM as at March 2023. The company operates in Canada, the USA, and Australia.

Products and Services of CI Global Asset Management

CI Global Asset Management offers a wide range of investment products and services, including:

  • mutual funds
  • ETFs
  • segregated funds
  • structured products
  • alternative investments

These products and services are designed to meet the needs of a wide range of investors, from individual investors to institutional investors.

The company also offers a variety of investment strategies covering growth, income, and balanced strategies.

Culture at CI Global Asset Management

The company has a strong heritage of innovation and collaboration. It takes pride in offering the first tax-efficient funds in the market through CI Corporate Class.

CI Global Asset Management implements DEI programs in the workplace, with much success. According to its 2022 annual report, around 40% of its workforce are minorities and 43% of C-suite officers are women.

CI Global Asset Management’s parent company, CI Financial, was also recently named one of Greater Toronto’s top employers for 2023.

About CI Global Asset Management CEO and Director Kurt MacAlpine

Kurt MacAlpine was appointed CEO and Director of CI Global Asset Management in 2019. It was a homecoming of sorts for him - he is originally from New Brunswick and moved to New York in 2006.

Now that he is back in Canada, MacAlpine is determined to help solidify CI Global Asset Management’s role as an industry leader. Under his leadership, the company’s AUM grew from $176 billion to $231 billion within 16 months.

Mr MacAlpine is part of Wealth Professional’s Hot List 2020 and Hot List 2021.

Future at CI Global Asset Management

CI Global Asset Management is well positioned for even more growth. The company has a strong track record of innovation, and it is committed to providing its clients with the best possible investment products and services. CI Global Asset Management is also expanding its international presence, and the company is sure to capture growth in emerging markets.

Private credit funds adapt to demand for liquidity

Research reveals increasing demand for liquidity among private credit fund managers

The rise of private markets funds

Why advisors could find evolving offerings particularly useful for diversification strategies tailored to their clients' needs

Canadian ETF insiders sound off on CSA review

Could assessment of Canadian ETF regulation help clear up asymmetries that cost end investors?

CI GAM offers new and exclusive global private markets opportunities

The firm has announced two new solutions bringing leading alternative asset managers to Canadian investors

CI launches new investing option for cash holdings, rebrands US private wealth unit

CI GAM service aims to simplify investing in uncertain markets, while CI Private Wealth rebrand adopts name of legacy firm

CI GAM enhances money market ETF offering with two new funds

The new ETFs have begun trading on the TSX and follow the firm’s recent changes to its suite of money market funds

'Never lose sight of the client-centric mandate'

CI Global Asset Management's new EVP, head of distribution shares her vision for the firm's next leg of growth

Why ETFs are gaining pension plan exposure

CI GAM CIO explains how plan sponsors can benefit from investment vehicle's evolution

For ETF innovator, Wealth Professional award win isn't just personal

ETF head Nirujan Kanagasingam reflects on his firm's journey into leadership – and what's up next

CI GAM distribution head to retire 30+ years after joining firm's mailroom

Roy Ratnavel will retire from his role as EVP and head of distribution and will be succeeded by Jennifer Sinopoli