Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which includes Great West Life, London Life, Canada Life, and Putnam Investments. IGM has two main operating divisions--Investors Group and Mackenzie Financial--that provide investment management products and services. It also has a third arm--Investment Planning Counsel--that provides products and support to independent financial planners. IGM Financial had CAD 217.0 billion in assets under management and CAD 26.6 billion in assets under advisement at the end of February 2021.
Winnipeg, MB, R3B 3H5, Canada