Toronto-based AGF Investments Inc. (AGF) says Tony Genua, senior vice president and portfolio manager of AGF’s flagship fund, AGF American Growth Class, will be lead portfolio manager of AGF Aggressive U.S. Growth Fund and AGF Aggressive Global Stock Fund, effective immediately.
For these mandates Genua will use an investment strategy similar to AGF American Growth Class. His investment approach leads him to innovative higher-growth companies — regardless of where the company is domiciled or its market capitalization, AGF says.
Genua will be supported by the AGF North American research team, a group of specialists who cover all 10 global industry sectors.
Also effective immediately, Cypress Capital Management Ltd., a subsidiary of AGF Investments Inc., who currently manages the AGF Tactical Income Fund, will take on the management of AGF Canadian Small Cap Fund.
“This change allows us to leverage Cypress’ specialized expertise in Canadian small-cap funds, while Caterina Prato can focus her efforts on the large-cap strategies – like AGF Canada Class,” says Martin Hubbes, executive vice president and chief investment officer of AGF Investments
Based in Vancouver, Cypress is a boutique money manager made up of an eight-member team of investment professionals.
AGF Investments is a subsidiary of investment management firm AGF Management Ltd. (TSX:AGF.B), which has over $40 billion in total assets under management.