AGF Appoints Sr. Vice-President to Head Growing Institutional Business

TORONTO, May 4 /CNW/ - AGF Investments Inc. (AGF) today announced the appointment of Chris Boyle as Senior Vice-President (SVP) of the firm's growing institutional business.

Mr. Boyle is an industry veteran with nearly two decades of experience.  He will be responsible for expanding and managing the firm's institutional business, which now represents almost half of AGF's $52 billion in assets under management.

"Chris will lead AGF's institutional efforts, which continue to experience strong growth and momentum. His extensive experience, proven track record of delivering results and strong client-centric approach will assist us as we grow our institutional platform," said Blake C. Goldring, Chairman and Chief Executive Officer of AGF Management Limited.  "Chris is a great addition to our high calibre global institutional team which is winning mandates domestically and internationally."

Mr. Boyle has held progressively responsible positions in the investment management and banking industries since 1993, most recently serving as SVP at one of Canada's largest investment management firms, where he oversaw the organization's institutional sales and marketing division.  Prior to that, he was a Vice-President at the Canadian operations of U.S.-based Fidelity Investments, responsible for alternative distribution through Canadian banks.  Mr. Boyle began his career at TD Bank Financial Group and subsequently became lead relationship manager for a portfolio of financial institution clients before moving into the investment management sector.

In his new capacity, Mr. Boyle will continue to develop AGF's institutional strategy and lead the institutional team focusing on expanding the business in the United States, Europe, Asia and Canada.  In recent years, AGF has opened new institutionally focused offices in Boston and Hong Kong to better serve those regions and expanded the role of its Dublin-based office with an emphasis on institutional growth in the burgeoning Europe/Middle East/Africa (EMEA) region.

"As one of the largest independent investment management firms in the country with over 50 years of experience, we are continuing to diversify our operations by focusing on what we do best - managing money to help investors in all channels succeed," added Mr. Goldring.

Mr. Boyle will be responsible for business planning and development, execution of the firm's institutional strategy at home and abroad and enhancement of client relationships.

He is a business graduate of the University of New Brunswick, where he continues to serve as a member of the investment committee for the educational institution's Endowment Trust.

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 $52 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 more information, contact AGF Public Relations and Public Affairs:

Lucy Becker, Vice-President    Karen Archer, Manager 
416-865-4284      416-865-4295
Lucy.Becker@agf.com    Karen.Archer@agf.com

For more information about AGF's institutional business, visit: www.agf.com.

 

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