CI Investments launches CI Institutional Asset Management



    TSX SYMBOL: CIX

    TORONTO, May 5 /CNW/ - CI Investments Inc. ("CI") today announced the
launch of CI Institutional Asset Management, a new division focused
exclusively on the institutional investment marketplace.
    CI Institutional Asset Management unites CI's existing institutional
distribution business with KBSH Capital Management. Its clients account for
approximately $8 billion in assets under management at CI. The creation of CI
Institutional Asset Management is part of CI's strategy to devote more
resources to marketing its award-winning investment managers to institutional
investors and expanding its share of this market.
    "CI has been very successful in developing partnerships with a number of
large financial institutions, and we are now gaining increasing business with
defined contribution pension plans," said Peter W. Anderson, CI's Chief
Executive Officer. "The consolidation of the CI and KBSH institutional
businesses is an opportunity to offer our investment management expertise to a
broader clientele and we intend to aggressively grow our presence in the
defined benefit and endowment markets."
    The CI Institutional Asset Management sales and service team consists of
10 experienced professionals led by Christopher Boyle, Senior Vice-President,
CI Investments. Vice-President Craig Auwaerter, former head of institutional
marketing at KBSH, has taken on a senior role within the group, as well as
continuing with his current responsibilities.
    The launch of CI Institutional Asset Management follows the completion of
the integration of the KBSH investment management team with Signature Global
Advisors, a division of CI. Signature is a team of 24 investment professionals
managing approximately $20 billion in assets over a wide range of Canadian and
global equity, balanced and fixed-income mandates.
    "This successful integration marks an important turning point in our
future," said William Vieira, Chief Investment Officer of the KBSH team.
"Partnering with Signature's award-winning team is providing the managers of
the KBSH mandates with high-quality research, unprecedented access to leading
issuers and best-in-class trade execution."

    CI Investments Inc. is one of Canada's largest investment management
companies. It offers a broad range of investment products and services,
including an industry-leading selection of investment funds, and is on the Web
at www.ci.com. CI is controlled by CI Financial Corp. (TSX: CIX), an
independent, Canadian-owned wealth management firm with approximately $82
billion in fee-earning assets as of April 30, 2009.





For further information:

For further information: Murray Oxby, Director, Communications, CI
Investments Inc., (416) 681-3254


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