TORONTO, Jan. 06, 2022 (GLOBE NEWSWIRE) – AGF Management Limited has declared a global asset under management, as well as assets eligible for commissions1, totaling $ 43.4 billion as of December 31, 2021.
Assets under management
(in billions of dollars) | December 31st 2021 | November 30 2021 | % of change a month on the other | December 31st 2020 | % of change of a year on the other |
Total FCP (including retail pooled funds) | $ 24.6 | $ 24.0 | $ 20.8 | ||
Institutional, sub-advisor, high net worth and exchange traded fund accounts | $ 16.6 | $ 16.4 | $ 15.9 | ||
Subtotal (before the managed assets of the private alternatives platform and the assets giving entitlement to commissions1) | 41.2 $ | 40.4 $ | 36.7 $ | ||
Managed assets of the private alternatives platform2 | $ 0.1 | $ 0.1 | $ 0.2 | ||
Total assets under management2 | 41.3 $ | 40.5 $ | 2.0 % | 36.9 $ | 11.9 % |
Assets giving right to commissions and coming from private alternatives1, 2 | $ 2.1 | $ 2.1 | $ 2.2 | ||
Total assets under management and assets giving entitlement to commissions1 | 43.4 $ | 42.6 $ | 1.9 % | 39.1 $ | 11.0 % |
Average daily assets under management of mutual funds | 24.4 $ | 24.4 $ | 20.6 $ |
1 | Assets giving entitlement to commissions represent assets in which AGF holds interest and receives recurring commissions, without however holding an interest in the companies responsible for the management of such assets. |
2 | The overall assets under management and the assets under management of the private alternatives platform as at December 31, 2020 have been reclassified and restated to exclude the assets under management from co-investments, for the purposes of comparison. |
Fund assets under management by category (including retail pooled funds) (in billions of dollars) | December 31st 2021 | November 30 2021 | December 31st 2020 |
Canadian Equity Fund | $ 4.3 | $ 4.2 | $ 3.7 |
U.S. Equity and International Equity Fund | 12.7 | 12.4 | 10.0 |
Canadian balanced funds | 0.4 | 0.4 | 0.4 |
American and international balanced funds | 1.8 | 1.7 | 1.5 |
Canadian Fixed Income Funds | 1.6 | 1.6 | 1.6 |
U.S. and International Fixed Income Funds | 3.7 | 3.6 | 3.4 |
Canadian money market funds | 0.1 | 0.1 | 0.2 |
Total FCP assets under management | 24.6 $ | 24.0 $ | 20.8 $ |
Managed assets of the private alternatives platform and assets giving right to commissions (in billions of dollars) | December 31st 2021 | November 30 2021 | December 31st 2020 |
Managed assets of the private alternatives platform1 | $ 0.1 | $ 0.1 | $ 0.2 |
Assets giving right to commissions and coming from private alternatives | 2.1 | 2.1 | 2.2 |
Total assets under management of the private alternatives platform1 and assets giving right to commissions | 2.2 $ | 2.2 $ | 2.4 $ |
1 | The assets under management of the private alternatives platform as at December 31, 2020 have been restated to exclude the assets under management from co-investments for the purposes of comparison. |
About AGF Management Limited
Founded in 1957, AGF Management Limited (AGF) is an independent, globally diversified investment management company. AGF brings discipline to it by delivering excellence in investment management through its core and quantitative business streams as well as non-traditional assets and high net worth individuals to provide exceptional customer experience. AGF’s portfolio of investment solutions extends globally to a broad client base, from financial advisers to retail and institutional investors including pension funds, corporate programs, funds sovereigns, endowments and foundations.
AGF has on-site operations and customer service offices and teams in North America, Europe and Asia. With assets under management, as well as commission-eligible assets, totaling more than $ 43 billion, AGF provides its products and services to more than 700,000 investors. AGF is listed on the Toronto Stock Exchange under the symbol “AGF.B”.
AGF Management Limited shareholders, analysts and media representatives may contact the following persons:
Adrian basaraba
Senior Vice-President and Chief Financial Officer
416-865-4203, [email protected]
Courtney learmont
Vice President, Finances
647-253-6804, [email protected]
|
|
| ||||
Technical analysis trends AGF MANAGEMENT LIMITED
Short term | Middle term | Long term | |
Trends | Bullish | Bullish | Bullish |
Evolution of the Profit and Loss Account
Sale Purchase | |
Average recommendation | KEEP |
Number of Analysts | 8 |
Last Closing Price | CAD 8.13 |
Average course objective | CAD 9.09 |
Deviation / Average Target | 11.9% |
Officers and Directors