Liquid Alternatives Rocket Higher in Canada
Canada is New Liquid Alts Breeding Ground.
The global Liquid Alternatives community is buzzing over Canada’s continued strong growth in Liquid Alts. On the heels of strong performance of liquid alternative funds amid the Covid-19 pandemic, CI Investments has surpassed $2 billion in Liquid Alt assets under management. The firm launched its CI Liquid Alternatives business in late 2018, and rolled out an alternative investment mutual fund, CI Marret Alternative Enhanced Yield Fund, earlier this year.
CI Investments is expanding its divisions since alternative funds are thriving — specifically in Canada. The firm is also allowing investors more diverse options and greater returns. So far, all of CI Investment’s alternative funds have exceeded expectations by producing positive returns. According to Executive Vice-President and Head of Distribution Roy Ratnavel, “CI’s liquid alternatives incorporate investment strategies that in the past have typically been available only to institutional investors… 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.” Clearly, liquid alternatives have proven to grow even in unfavorable markets. For instance, CI Munro Alternative Global Growth has returned 24.2 percent in the past year.
More About CI Investments
CI Investments is one of Canada’s leading investment management companies. Further, the Toronto-based firm currently has over $177 billion in assets under management. The firm is part of CI Financial Corp. — an independent asset management company. CI’s liquid alternative funds include CI Munro Alternative Global Growth Fund, CI Marret Alternative Absolute Return Bond Fund, CI Marret Alternative Enhanced Yield Fund, and CI Lawrence Park Alternative Investment Grade Credit Fund.
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