TORONTO, Aug. 25, 2015 /CNW/ - AGF Investments Inc. (AGF) today announced a new partnership with FFCM,
LLC (FFCM), a Boston-based advisor who currently manages a family of
market and sector neutral ETFs and a number of ETF managed strategies.
"We are excited to announce this new strategic partnership. It
reinforces our commitment to innovative solutions that focus on risk
mitigation, while offering broad market exposure," said Blake C.
Goldring, Chairman and Chief Executive Officer, AGF Management Limited.
"FFCM's expertise builds on our core competency in managing
quantitative solutions for investors."
FFCM and Highstreet Asset Management Inc. (Highstreet) will take over
portfolio advisor duties relating to AGF U.S. AlphaSector Class,
effective August 31, 2015. At the same time, the Fund's name will
change to AGF U.S. Sector Class.
Following the portfolio advisor change, AGF U.S. Sector Class will
employ a combination of FFCM's sector model with Highstreet's market
risk model to provide U.S. equity market exposure in a dynamic, risk
aware manner that focuses on limiting downside volatility for
Both Highstreet and FFCM share a common philosophy that there are
fundamental factors that drive returns in the market and through a
quantitative approach, these factors can be analyzed and employed to
"The combination of FFCM and Highstreet offers investors all the
opportunities of market participation with the assurance of a proven
approach to managing volatility," said Kevin McCreadie, President and
Chief Investment Officer, AGF Investments Inc. "We will continue to
look for ways to optimize the strengths of these two firms for the
benefit of our clients."
About FFCM, LLC
Founded in 2009, FFCM, LLC is a Boston-based investor advisory firm
founded with a vision to provide investors efficient and inexpensive
exposure to investment factors through a family of ETFs and investment
strategies otherwise limited to institutional investors. The leadership
team at FFCM has extensive experience in ETF structuring, operations
About Highstreet Asset Management Inc.
Founded in 1998 and based in London, Ontario, Highstreet Asset
Management Inc. is a wholly owned subsidiary of AGF Management Limited.
Highstreet provides discretionary money management services to
high-net-worth investors, individual investors and their families,
foundations, pension plans, and institutional investors. At
Highstreet's foundation lies empirically based research and the
combination of quantitative and fundamental investing. The investment
process incorporates ongoing monitoring and risk management through
Highstreet's proprietary risk system.
About AGF Management Limited
AGF Management Limited is one of Canada's premier independent investment
management firms with offices across Canada and subsidiaries around the
world. AGF's products include a diversified family of 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. With over $35 billion in
total assets under management, AGF serves more than one million
investors. AGF trades on the Toronto Stock Exchange under the symbol
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