Business
AGF Management Limited Reports Third Quarter 2025 Financial Results
TORONTO, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Reported quarterly adjusted diluted earnings ...
About this update from Agf Management Limited Class B
[{"type":"text","content":"AGF Management Limited Reports Third Quarter 2025 Financial Results\n\n\n\n TORONTO, Sept. 24, 2025 (GLOBE NEWSWIRE) --\n \n\n\n\n Reported quarterly adjusted diluted earnings per share of $0.46\n \n\n\n\n Total assets under management and fee-earning assets of $56.8 billion\n \n\n\n\n Declared quarterly dividend per share to 12.5 cents\n \n\n\n\n\n\n AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the third quarter ended August 31, 2025.\n \n\n AGF reported total assets under management and fee-earning assets\n \n 1\n \n of $56.8 billion compared to $53.5 billion as at May 31, 2025 and $49.7 billion as at August 31, 2024.\n \n\n \"We experienced a strong quarter, with net sales outpacing the industry, supported by solid investment performance,” said Judy Goldring, Chief Executive Officer, AGF. “These results reflect the health of our business and the strength of our strategy, which emphasizes diversification across asset classes and client channels positioning us to successfully navigate evolving market conditions and investor preferences.”\n \n\n AGF’s mutual fund gross sales were $1,260 million for the quarter compared to $1,148 million in the previous quarter and $1,012 million in the prior year quarter. Retail mutual fund\n \n 2\n \n net sales were $262 million compared to $65 million in the previous quarter and $19 million in the prior year quarter.\n \n\n \"I am proud to lead this organization and excited about the opportunities ahead. With a strong leadership team and a clear strategic vision, we are well-positioned to execute our multi-year growth strategy and deliver meaningful results for our clients and shareholders,” added Goldring.\n \n\n\n\n\n 1\n \n\n\n Fee-earning assets represents assets in which AGF has carried interest ownership and earns recurring fees but does not have ownership interest in the managers.\n \n\n\n\n\n 2\n \n\n\n Retail mutual fund net sales (redemptions) are calculated as reported mutual fund net sales (redemption) less non-recurring institutional net sales (redemptions) in excess of $5 million invested in our mutual funds.\n \n\n\n\n\n\n\n\n\n\n Key Business Highlights:\n \n\n\n AGF named Judy Goldring Chief Executive Officer (CEO) following the passing of Kevin McCreadie, the firm’s...