Record-Breaking Earnings
The second quarter's adjusted EPS of $1.07 was a record high for a second quarter, and the last 4 quarters' adjusted EPS of $4.15 is a record high for any period.
Significant Growth in Wealthsimple Investment
The fair value of IGM's investment in Wealthsimple increased by 21% to $1.5 billion, driven by strong performance and a substantial increase in client AUA.
Strong Performance in Wealth Management
IG Wealth ended the quarter with record AUM&A of $146.7 billion, up 13% year-over-year, driven by financial markets and strong net inflows.
Robust Growth in Asset Management
Mackenzie Investments reported a 15% year-over-year earnings growth, driven by momentum in both institutional and retail channels.
Strong Client Asset Growth
IGM's AUM&A increased by 21% over the past 12 months, indicating robust client asset growth across its wealth and asset management businesses.
Positive Developments in Strategic Investments
Rockefeller's client assets were up 22% year-over-year, and Northleaf's earnings increased by 76% from 2024, demonstrating strong strategic investment performance.