Ronald Besse - CI Financial Lead Independent Director
| CIX Stock | CAD 16.15 0.12 0.74% |
Director
Mr. Ronald Duncan Besse is Independent Director of CI Financial Corporationration Mr. Besse is currently the President of Besseco Holdings Inc., a private investment company. In prior positions, Mr. Besse was the Chairman, President and Chief Executive Officer of Gage Learning Corporation and related predecessor companies from 1978 until 2003. Mr. Besse was a director of Rogers Communications Inc. from 19842012 and served as Chair of the Audit Committee of that organization for a number of years. Mr. Besse graduated from the Business Administration Program at Ryerson University and was awarded the Alumni Award of Distinction, Business Administration and an Honorary Doctorate of Commerce . Mr. Besse is a member of the World Presidents Organization and is a past president of the Canadian Book Publishers Council. since 2015.
| Age | 76 |
| Tenure | 9 years |
| Address | 15 York Street,, Toronto, ON, Canada, M5J 0A3 |
| Phone | 416-364-1145 |
| Web | https://www.cifinancial.com |
CI Financial Management Efficiency
The company has return on total asset (ROA) of 0.0457 % which means that it generated a profit of $0.0457 on every $100 spent on assets. This is way below average. CI Financial's management efficiency ratios could be used to measure how well CI Financial manages its routine affairs as well as how well it operates its assets and liabilities. As of the 27th of April 2024, Return On Tangible Assets is likely to drop to 0. In addition to that, Return On Capital Employed is likely to drop to 0.11. At this time, CI Financial's Other Assets are very stable compared to the past year. As of the 27th of April 2024, Debt To Assets is likely to grow to 0.53, though Net Tangible Assets are likely to grow to (4.8 B).Similar Executives
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Management Performance
| Return On Equity | 0.0029 | |||
| Return On Asset | 0.0457 |
CI Financial Corp Leadership Team
Elected by the shareholders, the CI Financial's board of directors comprises two types of representatives: CI Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CIX. The board's role is to monitor CI Financial's management team and ensure that shareholders' interests are well served. CI Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CI Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ronald Besse, Lead Independent Director | ||
| Sonia Baxendale, Independent Director | ||
| Lorraine Blair, Executive Vice President Chief Talent Officer | ||
| Neal Kerr, Senior Vice President - Institutional & Investment Management of CI Investments Inc. | ||
| Steven Donald, President of Assante Wealth Management (Canada) Ltd. | ||
| Rohit Mehta, Executive Vice President | ||
| Sheila Murray, President, General Counsel and Secretary | ||
| William Butt, Independent Director | ||
| Paul Perrow, Independent Director | ||
| Brigette ChangAddorisio, Independent Director | ||
| Stephen Moore, Independent Director | ||
| Roy Ratnavel, Executive Vice President Head of Sales | ||
| Darie Urbanky, Chief Operating Officer, Executive Vice President | ||
| Douglas Jamieson, Chief Financial Officer, Executive Vice President | ||
| Manisha Burman, Executive Officer | ||
| Amit CPA, Executive CFO | ||
| Amarjit Anderson, Chief Officer | ||
| Winn Oughtred, Independent Director | ||
| Peter Anderson, President, Chief Executive Officer, Director | ||
| Kurt MacAlpine, Chief Executive Officer, Director | ||
| CPA CPA, Ex CFO | ||
| LLB BA, Executive Officer | ||
| H Horner, Independent Director | ||
| MarcAndr Lewis, Chief VP | ||
| Thomas Muir, Lead Independent Director | ||
| Derek Green, CEO of CI Investments Inc and President of CI Investments Inc | ||
| William Holland, Executive Chairman of the Board | ||
| MarcAndre Lewis, Ex Management | ||
| David Miller, Independent Director | ||
| David Pauli, COO, Executive Vice President | ||
| Paul Derksen, Independent Director | ||
| Stephen MacPhail, CEO and Director | ||
| Jason CFA, Vice Strategy | ||
| David Riddle, Independent Director | ||
| Bradley Howard, Corporate Secretary | ||
| Murray Oxby, Vice Communications | ||
| Edward Kelterborn, Chief Legal Officer | ||
| Julie Silcox, Executive Officer |
CIX Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CI Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0029 | |||
| Return On Asset | 0.0457 | |||
| Profit Margin | 0 % | |||
| Operating Margin | 0.16 % | |||
| Current Valuation | 7.66 B | |||
| Shares Outstanding | 151.38 M | |||
| Shares Owned By Insiders | 14.02 % | |||
| Shares Owned By Institutions | 9.82 % | |||
| Number Of Shares Shorted | 1.43 M | |||
| Price To Earning | 6.82 X |
Pair Trading with CI Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CI Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CI Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with CIX Stock
| 0.76 | CYB | Cymbria | PairCorr |
The ability to find closely correlated positions to CI Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CI Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CI Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CI Financial Corp to buy it.
The correlation of CI Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CI Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CI Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CI Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for CIX Stock analysis
When running CI Financial's price analysis, check to measure CI Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CI Financial is operating at the current time. Most of CI Financial's value examination focuses on studying past and present price action to predict the probability of CI Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CI Financial's price. Additionally, you may evaluate how the addition of CI Financial to your portfolios can decrease your overall portfolio volatility.
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