AGF Management Ltd. (TSX: AGF.B) announced Monday that Patricia Perez-Coutts, senior vice president and portfolio manager, will be leaving AGF effective May 2. Two other associates will also be leaving.
Stephen Way, senior vice president and portfolio manager and an AGF veteran of 25 years, will be responsible for the emerging markets strategies.
“Stephen is a top-rated Morningstar manager and the architect of our world-class Global Core strategy. His leadership combined with our bench strength and disciplined investment process has delivered strong results and gives us enormous confidence for continued success,” explains Martin Hubbes, executive vice president, investments and chief investment officer of AGF Investments Inc.
Way will be supported by long-standing global team members Alpha Ba and Thiery Jannini. Effective immediately, both have been promoted to portfolio manager, subject to usual regulatory requirements.
“The team will continue to draw on AGF’s talented roster of professionals from around the world, including a number of leading managers and analysts who have an in-depth knowledge and understanding of the key sectors and companies in our portfolios,” adds Hubbes said.
Along with Way as lead manager, Ba will be co-managing AGF Emerging Markets Fund, AGF Emerging Markets Class, AGF Emerging Markets Balanced Fund and AGF Emerging Markets Focused Fund. Jannini will be co-managing AGF Global Dividend Fund.