AGF Management Ltd. (TSX:AGF) has appointed Tom Clancy as director, U.S. business development, AGF Investments America Inc., as the firm continues to build its presence in the U.S. institutional field.


As a member of the institutional sales team, Clancy is responsible for the introduction of AGF’s investment solutions to the institutional plan sponsor and investment consultant communities within the Northeast, mid-Atlantic and Southeast regions of the United States.

“We are pleased to welcome Tom to our growing and experienced U.S. team led by AGF Managing Director Richard Nino,” says Gary Wing, AGF senior vice president, institutional. “Tom’s expertise in the institutional field and knowledge of the industry will help strengthen our expanding presence in the U.S.”

Clancy began his career in the U.S. in the institutional investment industry in 1999 working in the global trading and research division of a major U.S. bank. There he focused on foreign exchange spot and swap trades, as well as OTC futures and options. In 2003 he joined the consultant relations team of a leading U.S. investment management firm. He then became a principal of the firm, responsible for new business development in the public funds marketplace.

Clancy earned a Bachelor of Science degree in Business Administration from Framingham State College and is a member of the National Association of Securities Professionals. Additionally, he was a recipient of the Institutional Investor & Money Management Letter — 2009 Rising Star of Public Funds Award.

AGF Investments America Inc. opened its Boston office last year and has been awarded several new mandates, including those from a large, multinational corporate pension plan, a large Washington-based public pension plan and a sub-advisory relationship with a mutual fund.

IE