AGF today announced the appointment of Tony Genua as senior vp and lead portfolio manager on AGF American Growth Class and AGF RSP American Growth Fund, effective immediately.

AGF says Genua will lead the AGF U.S. equity team and take over co-management responsibilities along with Cameron Scrivens on AGF Global Technology Class, AGF MultiManager Class, AGF RSP MultiManager Fund and AGF Special U.S. Class.

“Tony Genua has a long and impressive track record in managing U.S. equity mandates and will bring stability, strong returns and a definitive new voice in U.S. investing to the firm,” says Clive Coombs, executive vp, AGF.

Genua has more than 20 years experience and for the past six years has been a principal at KBSH Capital Management Ltd. In that role, he managed a U.S. growth fund and a variety of mandates including pensions and investment pools for separately managed accounts and wrap accounts.

Prior to that, he was vp at Scotia Investment Management for nearly 10 years, a portfolio manager at Canada Trust and an international strategist for RBC Dominion Securities on Wall Street.

“Tony has a growth management style and preference for concentrated portfolios which is an ideal fit for this fund,” adds Coombs. The mandate of the fund will not change.