Production / Operations
IGM FINANCIAL INC. ANNOUNCES OCTOBER 2025 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWS
IGM · Price
Executive Summary
- IGM Financial reported an all‑time record total assets under management and advisement (AUM&A) of $307.1 billion as of October 31 2025, up 16.0% year‑over‑year.
- Consolidated net inflows for October 2025 were $1.1 billion, driven by strong fund sales and institutional allocations.
- All three core businesses (IG Wealth Management, Mackenzie Investments, and the corporate IGM entity) posted record‑high net sales and gross flows, highlighting robust growth across wealth and asset management segments.
Key Details
- Total AUM&A: $307.1 billion (Oct 31 2025) vs. $264.8 billion (Oct 31 2024).
- Net Inflows – October 2025: $1.1 billion (up from $197 million in Oct 2024).
Segment Highlights
| Segment | Record Metric | Value | Prior Period |
|---|---|---|---|
| IG Wealth Management | Assets under advisement | $158.0 billion | $155.9 billion (Sept) |
| Net inflows | $276 million | $144 million (Oct 2024) | |
| Investment fund net sales | $177 million (flat YoY) | ||
| Gross sales | $1.6 billion (record) | ||
| Mackenzie Investments | Assets under management | $242.7 billion | $239.5 billion (Sept) |
| Net sales of investment funds | $1.2 billion | $141 million redemptions (Oct 2024) | |
| Net sales (excl. $950 M ETF allocation) | $234 million | ||
| IGM Financial (Corporate) | Total net inflows | $1.1 billion | $197 million (Oct 2024) |
| Investment fund net sales | $1.361 billion | — |
- Mutual Fund Net Sales (Consolidated): $177 million (IG Wealth Management), $60.5 million (Mackenzie), $116.5 million (Corporate).
- ETF Net Creations: 1,300.6 million units (Mackenzie).
- Institutional SMA Net Sales: –$357.3 million (allocation shift).
Flow Tables (selected)
- Gross Flows – October 2025
- Mutual fund gross sales: $2,534.2 million (combined).
-
Dealer gross inflows: $1,543.1 million.
-
Average AUM&A – QTD 2025
- Total assets under management: $287.3 billion.
- Total assets under advisement: $157.0 billion.
Notable Transaction Notes
- An institutional client allocated $950 million into Mackenzie ETFs during October 2025, contributing to record ETF net creations.
- The same client re‑assigned sub‑advisory responsibilities totaling $345 million, which were reflected in the Institutional SMA figures.
Notable Quotes
(No direct CEO/President quotes included in the release.)
More from IGM FINANCIAL INC.
Jun 17, 2026 · 16:30