TORONTO, Oct. 06, 2025 (GLOBE NEWSWIRE) -- AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $59.0 billion as at September 30, 2025. AUM ($ billions)September 30, 2025 August 31, 2025 % Change Month-Over- Month September 30, 2024 % Change Year-Over-Year Total Mutual Fund$34.5 $32.9 <td style="border-top: solid black 1pt ; border-bottom: solid ...

Welcome to Bloomberg ETF IQ. I'm Scarlet Fu. And I'm Katie Greifeld Scarlet Fu.Happy Monday. Happy Monday. Monday in particular.And also happy Monday. With lots of political overtones. You've got France, you've got Japan. You've got the ongoing government shutdown, an embarrassment of riches.Let's get to the biggest stories right now. And the more than $8 trillion global ETF industry. Japan, as Scarlett mentioned, preparing for its first female prime minister.And a big political shift. We'll discuss with Ro ...

Asset manager giants including BlackRock Inc., Fidelity Investments, T. Rowe Price Group and Franklin Resources Inc. are among the firms seeking regulatory permission to deploy the hybrid structure. Some have been waiting for about two years, ever since Vanguard’s&nbsp; patent expired .But the size of the waitlist — more than six-times the number of firms that were racing for approval to launch Bitcoin funds — suggests huge industry-wide enthusiasm to take up the Vanguard blueprint. Eric Balchunas, senior E ...

(Bloomberg) -- For more than two decades, US money managers have looked on enviously as Vanguard Group reaped the benefits of a unique structure that grafted the advantages of an ETF onto its biggest mutual funds. The design, protected by patent, saved its investors billions of dollars and helped the Jack Bogle-founded firm grow into an $11 trillion giant.Now, in what could be the most consequential shift in the American investment industry in years, Vanguard is finally set to lose that competitive edge.Doz ...

The SEC had some classy news to share yesterday. At long last, the agency is (almost certainly) approving dual share classes, which would give asset managers the ability to add ETF share classes of existing mutual funds and vice versa. Companies began seeking exemptions from the Securities and Exchange Commission two years ago, soon after Vanguard’s exclusive patent on dual share classes expired. Unless a hearing is requested, the first exemption from Dimensional Fund Advisors will be approved. The firm’s ...

Summary of IGM Financial FY Conference Call Company Overview - **Company**: IGM Financial (OTCPK:IGIF.F) - **Date of Conference**: September 25, 2025 - **Key Speaker**: Keith Potter, EVP and CFO Core Industry and Company Insights Financial Performance - IGM Financial is on track to achieve its medium-term targets of 9% earnings growth, with 7% from core business and 15% from strategic investments [2][63] - Adjusted earnings per share (EPS) growth for 2024 was reported at just over 11%, with year-to-date growth exceeding 10% [3][64] - Q2 earnings EPS growth reached 15% compared to the previous year, marking a record performance [4][65] Market Conditions - The company experienced a cautious outlook at the beginning of the year due to geopolitical tensions and unstable financial markets, but saw a recovery in investor confidence and market performance as the year progressed [4][65] - IGM Financial noted that while they cannot control market conditions, they are focused on executing their strategic priorities effectively [6][66] Net Flows and Investment Strategies Net Flows - Positive net flows were observed in the second quarter, reversing a trend of record industry outflows from 2022 to 2024 [8][68] - IG Wealth reported a twelve-month trailing net sales rate of approximately 1.3%, with a net sales rate of 1.8% in their core strategy targeting high net worth and mass affluent segments [8][68] - Mackenzie also reported positive momentum, with investment fund net flows just under $200 million and success in retail flows driven by smaller boutiques and quantitative equity strategies [9][69][10][70] ETF Strategy - IGM Financial has seen net flows from their active ETF business, particularly in quantitative equity products, and views ETFs and mutual funds as interchangeable in terms of management fees [12][73] - The ETF business is expected to play a significant role in Mackenzie's growth moving forward [13][74] Fee Structure and Margin Analysis Fee Pressure - Advisory fees at IG Wealth have remained stable, although there has been a mix shift towards high net worth clients, leading to a decline in advisory fee rates [19][20] - The EBITDA margin for IG Wealth Management is reported in the high 30s, while Mackenzie operates in the mid-40s range [23][30] Strategic Investments Overview of Strategic Investments - The value of IGM's strategic investments is approximately $6.6 billion, with a market cap of GBP 12 billion [38] - Wealthsimple has shown rapid growth, targeting $100 billion in assets by 2028, with current assets at $85 billion [41][42] - China AMC has grown its assets under management (AUM) by about 25% over the past five years, despite facing fee pressure and challenging equity markets [50][52] - Northleaf has been successful in diversifying into private equity, infrastructure, and private credit, with significant fundraising success [54][56] Future Outlook - IGM Financial aims to demonstrate the value of its strategic investments while focusing on earnings growth targets of 9% from core business and 15% from strategic investments [60][61] - The company plans to continue share repurchases and return capital to shareholders, with a focus on maintaining a strong financial position [35][36] Conclusion - IGM Financial is positioned for growth with a focus on high net worth and mass affluent clients, strategic investments, and a robust ETF strategy, while navigating market challenges and maintaining stable fee structures.

Group 1 - Mark Cuban emphasizes that the best way to build wealth is through investing in appreciating assets, such as homes or mutual funds [3] - For private companies, Cuban looks for strong entrepreneurs and differentiated products, while for public companies, he suggests focusing on funds due to the increased difficulty in investing in individual stocks [3] - Cuban advises new investors to learn as much as possible and be patient, highlighting that there are no shortcuts to successful investing [4] Group 2 - Cuban's investment strategy includes real estate, stocks, bonds, ETFs, and cryptocurrencies, with a particular focus on digital currencies like bitcoin and ethereum [4] - The initial steps for starting to invest include making the decision to invest, assessing risk tolerance, and determining an investment strategy [5] - Working with a financial advisor is recommended to understand various investment options and to diversify the portfolio for wealth growth [6]

Offering low-cost access to virtually every corner of the market, ETFs allow investors big and small to build institutional-caliber portfolios with lower costs and better transparency than ever before. But what exactly is an ETF? And how does it provide these benefits? Start With Mutual Funds To understand how ETFs work, the best place to start is with something familiar, like a traditional mutual fund. Imagine half a dozen investors, sitting at home, each trying to figure out the best way to invest in ...

Core Insights - AGF Management Limited reported total assets under management (AUM) and fee-earning assets of $56.8 billion as of August 31, 2025, reflecting a 1.2% increase from the previous month and a 14.3% increase year-over-year [1][2]. AUM Breakdown - Total Mutual Fund AUM reached $32.9 billion, up from $32.7 billion in July 2025 and significantly higher than $28.1 billion in August 2024 [2][3]. - Exchange-traded funds and separately managed accounts increased to $3.5 billion from $3.2 billion month-over-month and up from $2.1 billion year-over-year [2]. - AGF Private Wealth AUM rose to $9.0 billion, compared to $8.8 billion in July 2025 and $8.2 billion in August 2024 [2]. - The subtotal of AUM before AGF Capital Partners was $52.1 billion, an increase from $51.4 billion in July 2025 and $44.8 billion in August 2024 [2]. AGF Capital Partners - AGF Capital Partners AUM remained stable at $2.6 billion, unchanged from July 2025 but slightly down from $2.8 billion in August 2024 [3]. - Fee-earning assets for AGF Capital Partners were reported at $2.1 billion, consistent with previous months and year [3]. Company Overview - AGF Management Limited, founded in 1957, is an independent asset management firm with a focus on public and private markets through three business lines: AGF Investments, AGF Capital Partners, and AGF Private Wealth [5][6]. - The firm emphasizes responsible and sustainable corporate practices, serving a diverse client base including financial advisors, high-net-worth individuals, and institutional investors [6][7]. - Headquartered in Toronto, Canada, AGF has a global presence with investment operations and client servicing teams in North America and Europe, serving over 815,000 investors [7].

Core Viewpoint - AGF Management Limited reported a total of $56.1 billion in assets under management (AUM) and fee-earning assets as of July 31, 2025, reflecting growth in various asset categories compared to previous periods [1][7]. Summary by Category Total AUM and Fee-Earning Assets - Total AUM increased to $54.0 billion from $52.9 billion in June 2025, representing a 2.1% month-over-month growth and a 14.4% year-over-year increase from $47.2 billion in July 2024 [2]. - Total fee-earning assets remained stable at $2.1 billion, unchanged from the previous month and year [2]. Mutual Fund AUM Breakdown - Total Mutual Fund AUM reached $32.7 billion, up from $32.0 billion in June 2025 and significantly higher than $27.8 billion in July 2024 [2][4]. - Domestic Equity Funds maintained at $4.6 billion, while U.S. and International Equity Funds rose to $20.9 billion from $20.2 billion month-over-month and from $16.6 billion year-over-year [3]. - Domestic Fixed Income Funds increased to $2.2 billion from $2.0 billion in June 2025 and from $1.7 billion in July 2024 [3]. AGF Capital Partners - AGF Capital Partners AUM remained at $2.6 billion, consistent with the previous month but slightly down from $2.7 billion in July 2024 [4]. - Total AGF Capital Partners AUM and fee-earning assets were reported at $4.7 billion, unchanged from the previous month and down from $4.8 billion year-over-year [4]. Company Overview - AGF Management Limited, founded in 1957, operates as an independent and globally diverse asset management firm, focusing on public and private market investments through three business lines: AGF Investments, AGF Capital Partners, and AGF Private Wealth [5][6]. - The firm emphasizes responsible and sustainable corporate practices, serving over 815,000 investors globally [6][7].