Key Appointments Announced at AGF Investments

Changes reinforce commitment to investing in core business

TORONTO, Sept. 7, 2011 /CNW/ - AGF Investments Inc. (AGF) today announced key appointments within its organization to reflect the firm's continued commitment to long-term investment management excellence.

Martin Hubbes is taking on the role of Executive Vice-President, Investments, where he will oversee all of the firm's investment teams in addition to his current role as CIO.  A 20-year veteran at AGF, Hubbes has played a pivotal role in building AGF's world-class investment management organization.  He steps into this role effective December 1, 2011. Rob Badun, currently Executive Vice-President, Investments, has announced he will be retiring effective November 30, 2011. During his five years at AGF, Badun has been instrumental in developing AGF's institutional business as well providing oversight to the investment management teams.

Effective October 1, 2011, in addition to his current mandates, Peter Frost will join Caterina Prato in the management of AGF Canadian Stock Fund, AGF Canadian Stock Class, AGF Canada Class and AGF Canada Fund. Prato will also take on lead management of several of the firm's key strategic Canadian equity accounts.

In addition, to further enhance the firm's research capabilities, Terri Ellis joins as Head of North American Research.  Ellis is a seasoned investment industry professional with over 15 years of international research experience.  She joins AGF from an international asset management firm where she established a top ranked research team.

"We continue to build on our premier reputation of over half a century of independent and innovative investment thinking," said Blake C. Goldring, Chairman and CEO of AGF Management Limited.  "These appointments will create a more robust organization so we can continue to meet the needs of investors, advisors and shareholders while helping us to focus on doing what we do best - providing long-term investment management excellence," he added.

Changes have also been announced within AGF International Advisors Co. Ltd (AGFIA) based in Dublin, Ireland. After a distinguished career in investment management and nearly 20 years at AGFIA, John Arnold, Managing Director will be retiring from the firm effective October 31, 2011. Rory Flynn, currently Global Advisor, will take on the role of Chief Investment Officer and Brian Brennan, currently Vice-President, Institutional Sales, is adding the role of Vice-President, Administration.

About AGF Management Limited 

AGF Management Limited is one of Canada's premier independent investment solutions firms with offices across Canada and subsidiaries around the world. AGF's products include a diversified family of award-winning mutual funds, mutual fund wrap programs and pooled funds. AGF also manages assets on behalf of institutional investors including pension plans, foundations and endowments as well as for private clients. In addition, AGF Trust is a complementary business that offers GICs, loans and mortgages through the financial advisor and mortgage broker channels. With over $48 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

SOURCE AGF

For further information:

For media inquiries please contact:

Odette Coleman
AGF Investments
(416) 865-4308
odette.coleman@agf.com

Karen Archer
AGF Investments
(416) 865-4295
karen.archer@agf.com


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