AGF Management Limited (AGF.B) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Q2 twenty twenty six AGF Management Limited Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during this session, you will need to press 11 on your telephone. As a reminder, this call is being recorded. I would now like to introduce your host for today's conference, Mr. Zane. Sir, please begin. Thank you, operator, and good morning, everyone. I'm Ken Zane, Chief Financial Officer of AGF Management Limited. Today, we will be discussing the financial results for the second quarter of twenty twenty six. Slides supporting today's call and webcast can be found in the Investor Relations section of ajf.com. Also speaking on the call today will be Judy Goldring, Chief Executive Officer and Ash Lawrence, Head of AGF Capital Partners. For the question and answer period following the presentation, John Porter, Chief Investment Officer, will also be available to address questions. Slide four provides the agenda for today's call. After the prepared remarks, we will be happy to take questions. With that, I will now turn the call over to Judy. Good morning, and thank you for joining us. Q2 was a strong quarter for AGF. At the end of May, we made a subsequent investment in New Holland Capital, where AGF now owns a 50% economic interest in the company. We are pleased with New Holland Capital's organic growth with AUM increasing 44% to $11,000,000,000 since our initial investment two years ago. With the inclusion of New Holland's AUM of $11,000,000,000 our AUM and fee earning assets were $75,000,000,000 at the end of Q2, up 40% from a year ago. AGF Investment's Canadian retail mutual funds reported the eighth c...