Highly reputed Canadian asset manager CI Financial Corp (TSE:CIX) has enjoyed excellent growth compared to the competition because of its impressive track record, having been ranked amongst the top two funds every year over the past decade.
But CI Financial Corp (TSE:CIX) is now facing problems on distributing its products and analysts are wary that these issues may affect its performance. Currently, Sun Life Financial and Scotiabank handle distribution for the company, but both these organizations are now nurturing their own ambitions in asset management, and this could result in business being switched out from CI Financial.
Key market forces
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