Market Herald logo

Subscribe

Be the first with the news that moves the market
  • AGF Investments (AGF.B) appointed Credit Suisse Asset Management, LLC and AGF as the portfolio managers of AGF Floating Rate Income Fund
  • The company values CSAM CIG’s approach to ESG, which it incorporates in their loan analysis and portfolio construction processes
  • AGF Investments Inc. is a wholly owned subsidiary of AGF Management Limited
  • AGF Management is an independent and globally diverse asset management firm
  • AGF Management Limited (AGF.B) is up 0.16 per cent, trading at C$6.38 per share at 3:25 pm ET

AGF Investments (AGF.B) appointed Credit Suisse Asset Management, LLC and AGF as the portfolio managers of AGF Floating Rate Income Fund.

Karrie Van Belle, Chief Marketing & Innovation Officer of AGF, commented on the news.

“After an extensive search process, we partnered with Credit Suisse Asset Management’s Credit Investment Group as we look to grow and enhance our floating rate strategy . The CSAM CIG team has extensive experience and a rigorous process. It also has a demonstrated history of attractive performance in this asset class, making them the right fit for AGF.”

The company values CSAM CIG’s approach to ESG, which it incorporates in their loan analysis and portfolio construction processes. AGF Investments also named AGF as a portfolio manager on AGF Floating Rate Income Fund. AGF will be responsible for currency management.

AGF Investments further announced that effective August 1, 2022, it will reduce its management fees for AGF Floating Rate Income Fund (Series F, Series FV, Series Q and Series W), AGF Global Real Assets Fund (Series F) and AGF Global Real Assets Class (Series F).

AGF Investments Inc. is a wholly owned subsidiary of AGF Management Limited. AGF Management is an independent and globally diverse asset management firm.

AGF Management Limited (AGF.B) is up 0.16 per cent, trading at C$6.38 per share at 3:25 pm ET.


More From The Market Herald
The Market Herald Video

" RevoluGROUP Canada’s (TSXV:REVO) RevoluSEND and RevoluTRANSFER extend financial reach to 120 countries

RevoluGROUP Canada (REVO) announced that RevoluSEND and RevoluTRANSFER now include the United Kingdom.

" Colliers (TSX:CIGI) expands offering in Belgium

Colliers (CIGI) has acquired a majority interest in BelSquare SRL, a leading Belgian commercial real estate advisor.

" Mink Ventures (TSXV:MINK.P) updates terms of private placement

Mink Ventures (MINK.P) has updated the terms of a non-brokered private placement in connection with its proposed qualifying transaction with Voltage Metals.

" Everyday People (TSXV:EPF) secures $5.9 million in credit

Everyday People Financial (EPF) has signed two new credit arrangements worth a total of $5.9 million.