Paul Perrow - CI Financial Independent Director
| CIX Stock | CAD 23.95 0.09 0.38% |
Director
Mr. Paul J. Perrow is Independent Director of the Company. Mr. Perrow has over 25 years of valuable experience in the asset management industry. Mr. Perrow was Senior Vice President, Director of Sales and Marketing with CI Investments Inc. until December 1996. He has held a number of other senior industry positions including Managing Partner of Red Sky Capital, CoHead and Managing Director of Merrill Lynch Investment Managers Canada, CoFounder and President of Fairway Capital and President and CEO of BluMont Capital. since 2018.
| Age | 55 |
| Tenure | 6 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 0.0487 % which means that it generated a profit of $0.0487 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0448) %, meaning that it generated substantial loss on money invested by shareholders. 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 22nd of November 2024, Return On Capital Employed is likely to grow to 0.32, while Return On Tangible Assets are likely to drop 0. At this time, CI Financial's Debt To Assets are very stable compared to the past year.Similar Executives
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Management Performance
| Return On Equity | -0.0448 | ||||
| Return On Asset | 0.0487 |
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.
| Christopher Enright, EVP Wealth | ||
| 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 | ||
| 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 | ||
| Peter Anderson, President, Chief Executive Officer, Director | ||
| Kurt MacAlpine, Chief Executive Officer, Director | ||
| CPA CPA, Ex CFO | ||
| LLB BA, Executive Officer | ||
| MarcAndr Lewis, Chief VP | ||
| Thomas Muir, Lead Independent Director | ||
| William Holland, Executive Chairman of the Board | ||
| MarcAndre Lewis, Ex Management | ||
| David Miller, Independent Director | ||
| Sean Etherington, EVP Wealth | ||
| Jason CFA, Vice Strategy | ||
| 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 | -0.0448 | ||||
| Return On Asset | 0.0487 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.35 % | ||||
| Current Valuation | 7.34 B | ||||
| Shares Outstanding | 143.54 M | ||||
| Shares Owned By Insiders | 15.53 % | ||||
| Shares Owned By Institutions | 14.44 % | ||||
| Number Of Shares Shorted | 1.37 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
Moving against CIX Stock
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.Other Information on Investing in CIX Stock
CI Financial financial ratios help investors to determine whether CIX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CIX with respect to the benefits of owning CI Financial security.