AGF Management Q1 Earnings Call Highlights

1 week ago 12

MarketBeat

Tue, April 14, 2026 astatine 11:35 AM CDT 10 min read

AGF Management logo

AGF Management logo
  • AUM supra CAD 60 billion (up 12% YoY) and CAD 237 cardinal successful retail communal money nett income marked the seventh consecutive 4th of affirmative retail flows, portion the committee raised the quarterly dividend to CAD 0.135 per stock (an 8% increase).

  • Adjusted EBITDA fell to CAD 30 million arsenic CAD 16.8 cardinal of just worth markdowns connected bequest infrastructure semipermanent investments weighed connected results, starring AGF to chopped fiscal 2026 instrumentality expectations for its semipermanent concern portfolio to astir 5%–6% (from 8%–10%).

  • Leadership and strategical moves: John Porter was appointed Chief Investment Officer effectual May 1, 2026, AGF launched caller ETFs and saw beardown ETF/SMA AUM maturation (up 54% YoY), is evaluating expanding its involvement successful New Holland Capital, and lifted Kensington's redemption suspension with a caller redemption framework.

  • Interested successful AGF Management Limited? Here are 5 stocks we similar better.

AGF Management (TSE:AGF.B) executives highlighted higher assets nether management, continued affirmative retail communal money sales, and an accrued dividend during the company’s fiscal first-quarter 2026 net call, portion acknowledging that just worth markdowns successful bequest infrastructure-related semipermanent investments weighed connected reported results.

Chief Executive Officer Judy Goldring opened the telephone by announcing the assignment of John Porter arsenic Chief Investment Officer for AGF Investments, effectual May 1, 2026, pursuing what she described arsenic a “comprehensive planetary search.” Goldring said Porter volition articulation AGF’s enforcement absorption squad and study straight to her.

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Goldring besides thanked David Stonehouse, who has served arsenic Interim Chief Investment Officer, saying helium provided “steady leadership” during a “pivotal period” for the firm.

Goldring said that amid “significant marketplace volatility,” AGF’s AUM and fee-earning assets ended the 4th supra CAD 60 billion, up 12% year-over-year. She besides pointed to retail communal money nett income of CAD 237 million, marking the seventh consecutive 4th of affirmative retail communal money nett sales.

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Goldring noted that 7 AGF concern funds earned FundGrade A+ awards, spanning equity, balanced, and fixed income strategies. She besides highlighted escaped currency travel of CAD 36 cardinal during the quarter, up 14% from the anterior quarter, and CAD 122 cardinal implicit the trailing 12 months.

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