IGM Financial (TSE:IGM) has released an update.
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IGM Financial Inc. reported a substantial increase in net earnings to $216.2 million in Q2 2024, up from $138.2 million the previous year. This growth is attributed to a 7.6% year-over-year increase in assets under management and advisement, reaching $252.4 billion. Despite a minor uptick in net outflows, the company’s financial health appears robust, with a marked increase in both reported and adjusted earnings per share.
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