Net income attributable to common shareholders was US$1.24 billion, as funds from operations hit a record high
The firm's assets under management continued to grow in the first quarter
AUM and AUA were also up, for the quarter and compared with March 2020
Also, GWL subsidiary Canada Life describes its new distribution platform for advisors
The firm was managing $172.9 billion in assets on March 31
The firm saw record gross sales of seg funds and mutual funds in the quarter
The company's earnings benefited from higher new business in Asia and the U.S. and core investment gains
The insurer attributed its gain to favourable equity markets and interest rate changes
Hedge fund-linked losses point to "lurking" risks, Moody's cautions
Canada's oilpatch has seen a "recovery from the depths of hell to not quite heaven," an analyst says