Leadership Changes - AGF Management Limited has announced changes to its senior leadership team to enhance its multi-year growth strategy [1][2] - Judy Goldring, CEO, emphasized the importance of succession planning and talent development within the firm [2][6] New Appointments - Chris Jackson has been appointed as President & Chief Operating Officer, effective immediately, overseeing strategic plans and business priorities [2][3] - David Stonehouse has been appointed interim Chief Investment Officer, leading the investment management team during the search for a new CIO [4] - Ash Lawrence will serve as the Executive Management Team sponsor for AGF Investments' OCIO, providing counsel on corporate strategic planning [5] Company Background - AGF Management Limited, founded in 1957, is an independent asset management firm with a focus on public and private markets [7] - The firm manages $55 billion in total assets and serves over 815,000 investors [9]

Core Points - AGF Management Limited announces the sudden passing of CEO Kevin McCreadie and names Judy Goldring as the new CEO effective immediately [1][3] - Kevin McCreadie's leadership since joining AGF in 2014 significantly shaped the firm, emphasizing investment management, talent development, diversity initiatives, and financial literacy [2][5] - Judy Goldring has over 30 years of experience in the asset management industry and has held various roles at AGF since 1998, including President and Head of Global Distribution [4][5] - The AGF Board of Directors expresses full confidence in Judy Goldring's ability to lead the firm and maintain stability in investment management [6][7] Company Overview - AGF Management Limited, founded in 1957, is an independent global asset management firm with a focus on public and private markets through three business lines: AGF Investments, AGF Capital Partners, and AGF Private Wealth [7][8] - The firm manages over $53 billion in total assets and serves more than 815,000 investors, with operations in North America and Europe [9]

TORONTO, June 26, 2025 (GLOBE NEWSWIRE) -- Following special meetings of securityholders held on June 26, 2025, AGF Investments Inc. (AGF Investments) today announced that securityholders approved the proposed changes to the investment objectives of AGF Short-Term Income Class and AGF Global Sustainable Growth Equity Fund (each a “Fund”, and collectively, the “Funds”), as follows: Fund Current Investment Objective Proposed Investment Objective AGF Short-Term Income ClassThe Fund’s objective is to provide ma ...

Core Insights - AGF Management Limited reported total assets under management and fee-earning assets of $53.5 billion as of May 31, 2025, a slight decrease from $53.8 billion as of February 28, 2025, but an increase from $47.8 billion as of May 31, 2024 [1][6][10] - The company experienced a decline in mutual fund gross sales, reporting $1,148 million for the quarter compared to $1,568 million in the previous quarter and $934 million in the same quarter last year [2][5] - AGF's retail mutual fund net sales were $65 million, down from $342 million in the previous quarter and a net redemption of $112 million in the prior year quarter [2][10] Financial Performance - Adjusted diluted earnings per share for the quarter were $0.39, down from $0.48 in the previous quarter and up from $0.35 in the same quarter last year [6][7] - Adjusted EBITDA for the three months ended May 31, 2025, was $39.5 million, compared to $47.9 million for the previous quarter and $37.0 million for the same period last year [7][9] - Net management, advisory, and administration fees for the quarter were $83.8 million, a decrease from $85.2 million in the previous quarter and an increase from $81.2 million in the prior year [7][9] Business Highlights - AGF was recognized as the Mutual Fund Provider of the Year at the 2025 Wealth Professional Awards, highlighting the company's innovative product lineup and commitment to client value [3][6] - The company announced lower management and administration fees for certain funds, reflecting its strategy to remain competitive and responsive to market trends [8][10] - AGF's total adjusted net revenue for the quarter was $99.0 million, down from $111.5 million in the previous quarter and up from $97.0 million in the prior year [9]

Core Points - AGF Management Limited declared a dividend of 12.5 cents per share on both Class B Non-Voting shares and Class A Voting common shares, payable on July 17, 2025, to shareholders of record on July 3, 2025 [1] Company Overview - AGF Management Limited, founded in 1957, is an independent and globally diverse asset management firm [2] - The company operates through three business lines: AGF Investments, AGF Capital Partners, and AGF Private Wealth [2] - AGF focuses on responsible and sustainable corporate practices, leveraging fundamental, quantitative, and private investing capabilities [3] Financials and Operations - AGF has over $53 billion in total assets under management and fee-earning assets [4] - The firm serves more than 815,000 investors globally, including financial advisors, high-net-worth individuals, and institutional investors [4] - AGF is headquartered in Toronto, Canada, with investment operations and client servicing teams in North America and Europe [4]

Core Points - AGF Investments Inc. announced cash distributions for several funds for June 2025, with payments scheduled for July 7, 2025 [1] - The funds include AGF Enhanced U.S. Equity Income Fund, AGF Total Return Bond Fund, AGF Systematic Global Infrastructure ETF, and AGF Global Sustainable Growth Equity ETF [1][2] Fund Distribution Details - AGF Enhanced U.S. Equity Income Fund (AENU) will distribute $0.135717 per unit [2] - AGF Total Return Bond Fund (ATRB) will distribute $0.094000 per unit [2] - AGF Systematic Global Infrastructure ETF (QIF) will distribute $0.146216 per unit [2] - AGF Global Sustainable Growth Equity ETF (AGSG) will distribute $0.142000 per unit [2] Company Overview - AGF Management Limited, founded in 1957, is an independent asset management firm with over $53 billion in total assets under management [5][7] - AGF serves more than 815,000 investors and operates in North America and Europe [7] - AGF Investments is a group of subsidiaries under AGF Management Limited, managing mutual funds in Canada [8][10]

TORONTO, June 04, 2025 (GLOBE NEWSWIRE) -- AGF Management Limited (TSX: AGF.B) will release its financial results for Q2 2025 on Wednesday, June 25, 2025 at approximately 7:00 a.m. ET. AGF will hold a conference call and webcast to discuss these results at 11:00 a.m. ET. The discussion will feature remarks by Kevin McCreadie, Chief Executive Officer and Chief Investment Officer, and Ken Tsang, Chief Financial Officer. Judy G. Goldring, President and Head of Global Distribution, and Ash Lawrence, Head of AGF ...

TORONTO, June 04, 2025 (GLOBE NEWSWIRE) -- AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $53.5 billion as at May 31, 2025. AUM($ billions)May 31, 2025April 30, 2025% ChangeMonth-Over-MonthMay 31,2024% Change Year-Over-YearTotal Mutual Fund$31.0$29.3 $26.9<td colspan="2" style="border-top: solid black 1pt ; border-bottom: ...

Core Viewpoint - AGF Investments Inc. announced cash distributions for its funds, including AGF Enhanced U.S. Equity Income Fund, AGF Total Return Bond Fund, and AGF Systematic Global Infrastructure ETF, with specific amounts per unit detailed for each fund [1]. Fund Distribution Details - AGF Enhanced U.S. Equity Income Fund (Ticker: AENU) will distribute $0.129939 per unit [1] - AGF Total Return Bond Fund (Ticker: ATRB) will distribute $0.092000 per unit [1] - AGF Systematic Global Infrastructure ETF (Ticker: QIF) will distribute $0.142740 per unit [1] Company Overview - AGF Management Limited, founded in 1957, is an independent asset management firm with a focus on public and private markets [4]. - The firm manages over $51 billion in total assets and serves more than 815,000 investors [6]. - AGF operates through three business lines: AGF Investments, AGF Capital Partners, and AGF Private Wealth [4][5].

Core Points - AGF Investments Inc. announced proposed changes to the investment objectives of AGF Short-Term Income Class and AGF Global Sustainable Growth Equity Fund, pending securityholder approval [1][2] - Special meetings for securityholders are scheduled for June 26, 2025, to vote on the proposed changes [2] - If approved, the changes are expected to be implemented around July 1, 2025, although AGF Investments may postpone or not proceed with the changes if deemed in the best interests of securityholders [2][3] Proposed Changes - **AGF Short-Term Income Class**: Current objective is to provide maximum income while preserving capital and liquidity through short-term instruments, government guaranteed securities, and corporate paper with a minimum A credit rating. Proposed change aims to focus on Canadian money market instruments, such as Canadian treasury bills [2] - **AGF Global Sustainable Growth Equity Fund**: Current objective is to provide long-term capital appreciation through a diversified portfolio of global equity securities. The proposed change emphasizes investing in companies that deliver positive sustainability impacts and solutions to key sustainable development challenges [2] Additional Information - Further details regarding the proposed changes, including Canadian federal income tax considerations, will be included in the funds' management information circular [4] - A notice-and-access document will be mailed to securityholders of record as of May 12, 2025, outlining how to obtain the management information circular [4] Company Overview - AGF Management Limited, founded in 1957, is an independent and globally diverse asset management firm with over $51 billion in total assets under management [6][8] - AGF serves more than 815,000 investors and operates in North America and Europe [8][9]