IGM Financial Sees Strong Profit and Asset Growth

IGM Financial (TSE:IGM) has released an update.

IGM Financial Inc. has reported a significant increase in their second quarter earnings with net earnings rising to $216.2 million, a notable jump from $138.2 million in the previous year. The firm also saw an uptick in assets under management and advisement, reaching $252.4 billion, a growth of 7.6% year over year. Despite these successes, the company faced net outflows of $1.1 billion, an increase from the last year’s $767 million.

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