CI Investments Inc. announced July 16 that it has exceeded $2 billion in liquid alternative investement solutions assets under management. The company says this makes it Canada’s number one provider of these solutions.
CI launched its CI Liquid Alternatives offering in the fourth quarter of 2018. It expanded its lineup recently expanded with the introduction of CI Marret Alternative Enhanced Yield Fund, a new mutual fund and exchange-traded fund in May 2020.
"CI's liquid alternatives incorporate investment strategies that in the past have typically been available only to institutional investors," said Roy Ratnavel, Executive Vice-President and Head of Distribution for CI. "Our mandates have performed well in the recent challenging market conditions, and our success points to the strength of our liquid alt strategies and their portfolio management teams."
CI's liquid alternative mandates have all generated positive returns since inception, and CI Munro Alternative Global Growth has delivered a 24.2% return over the last 12 months, notes the company.
