CI Global Asset Management Appoints Portfolio Manager for Two U.S. Small-Cap Funds

TORONTO (April 29, 2024) – CI Global Asset Management (“CI GAM”) today announced the appointment of CI Segall Bryant & Hamill Asset Management (“SBH”) as sub-advisor to US Equity Small Cap Pool and US Equity Small Cap Corporate Class, effective immediately.

US Equity Small Cap Pool and US Equity Small Cap Corporate Class (the “Funds”) are part of the Assante Private Pools lineup, which is managed by CI GAM and available to clients of CI Assante Wealth Management.

SBH is a Chicago-based investment firm that was founded in 1994 and manages and administers US$25.4 billion¹ (as at March 31, 2024) on behalf of institutional and private wealth investors. The firm manages a broad range of fixed-income and U.S. and international equity strategies using a team-based approach focused on high-quality proprietary research.

To manage the Funds, CI GAM has selected SBH’s Quantitative Team, which has been managing small-cap equity portfolios since 2008. The team’s quantitative investment approach targets “well-rounded” stocks that lead in multiple dimensions, including value characteristics, positive company momentum factors, corporate strength and profitability. Risk management is embedded in the SBH approach and is designed to support “intelligent risk-taking.”

“SBH provides a unique and differentiated approach to investing in U.S. small cap stocks, allowing investors to capitalize on a diverse range of opportunities across the sector,” said Marc-André Lewis, Chief Investment Officer and Co-Head of CI GAM. “Their strategy has also delivered on performance and risk management, generating consistently strong relative risk-adjusted returns. We have high confidence that SBH will add value to clients and strengthen the managed solutions that use the Funds as part of their portfolios.”

SBH’s Quantitative Team is led by Scott Decatur, PhD, who has 26 years of investment experience focused on developing and managing quantitative equity investment strategies. SBH is a signatory to the United Nations Principles for Responsible Investments and integrates environmental, social and governance factors into its investment process.

SBH is a wholly owned subsidiary of Corient Holdings Inc., a U.S. subsidiary of CI Financial Corp. SBH replaces Epoch Investment Partners, Inc. as sub-advisor to the Funds. The Independent Review Committee of the Funds has reviewed the changes with respect to the potential conflict of interest matters and provided its positive recommendation, having determined that the changes achieve a fair and reasonable result for the Funds.

About CI Global Asset Management

CI Global Asset Management (“CI GAM”) is one of Canada’s largest investment management companies. It offers a wide range of investment products and services and is on the Web at www.ci.com. CI GAM is a subsidiary of CI Financial Corp. (TSX: CIX), an integrated global asset and wealth management company with approximately $474.2 billion in assets as at March 31, 2023.

¹ AUA/AUM as of 3/31/24 is US$25.41 billion. Corient Private Wealth assets of $7.03 billion are included in the AUM portion and Model UMA assets of approximately $558.5 million are included in the AUA portion of the AUM/AUA total.