No, rightclick in the clip, choose at the top of the context menue: show modulation or show automation. Now there are two different kinds of envelopes. After dragging the clip into the arrangement, you can only see the modulation envelope. The modulation envelope is for the parameters of your devices and fx, the automation is for the others. This is due to the new option in live 9, to record clipenvelopes in the session view.
I think there must be a bug though, as sometimes only MIDIctrl is listed. Even though I have several plugins on the track.