AGF has appointed Eng Hock Ong as managing director of AGF Asset Management Asia Ltd. and lead portfolio advisor on AGF Asian Growth Class, pending regulatory approval.

Ong will also continue the investment advisory mandates on AGF Emerging Markets Value Fund, AGF Global Financial Services Class, AGF Global Health Sciences Class, AGF Global Real Estate Equity Class, AGF Global Resources Class and AGF Global Technology Class.

“This move underscores AGF’s commitment to excellence in investment management and our continued focus on enhancing our product line-up,” said Clive Coombs, executive vp, AGF, in a release.

Ong brings 16 years of investment management experience with a specialty in Asian markets. He spent the past two years at Rothschild Asset Management (Singapore) Ltd./Legg Mason Asset Management (Asia) Ltd. in the role of director and CIO, in addition to his portfolio management responsibilities. Prior to that, he spent 10 years with Deutsche Asset Management as a director and jead of Asian emerging markets based in Singapore.

“Eng Hock has an investment style focused on growth at the right price (GARP) and a preference for concentrated portfolios. This is an ideal fit for the fund,” said Coombs.

None of the fund mandates will change.

AGF Asset Management Asia, a wholly owned subsidiary of AGF Management Ltd., is based in Singapore and provides a regional base in the dynamic Asian markets.