Hey Jordan,
I like CI Financial - it is doing a lot of good things and hasn't yet been recognized for its efforts. It is certainly a value stock at these levels. The problem is that most asset managers like CIX are trading at discounts currently. Look at a company like Fiera Captial - same type of low valuations.
That doesn't mean they are bad investments, it just means that asset managers aren't currently in the market's favour. This can change quickly and given the low valuations, CIX offers a decent risk to reward ratio here. Revenue and earnings are expected to grow by double-digits and I think double-digit upside in the mid-teens which is inline with analyst estimates is a pretty reasonable expectation. Couple that with a nice yield and as mentioned, nice risk to reward ratio.
Mat