• 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 Online

Canada’s federal budget: What investors need to know

Canada’s federal budget in has sent ripples through the investor community, revealing shifts in fiscal policies and spending priorities.

Top crypto stocks and ETFs to consider before the Bitcoin halving

Read about 10 of the highest-performing Bitcoin stocks and ETFs leading up to the cryptocurrency's April 2024 halving.

Manulife hires banking business’ first female CEO

Manulife Bank, operating under insurer Manulife Financial (TSX:MFC), will be led by its first female CEO, Katy Boshart, beginning next week.