Global Vision
AGF’s global initiatives touch almost every part of our business, and during the past year we established a new framework to accommodate global growth in future years. Already one of the most internationalized Canadian fund companies, AGF took further steps in 2000 to benefit from growing globalization in the investment management industry and to define our corporate vision as a global company with a Canadian home.
From our acquisition of Global Strategy, which gave us greater scale to better compete with foreign competitors, to the launch of moneyworld, we have our eyes on the world far beyond home borders.
We made significant moves in the Asian market in 2000 with the opening of
a branch office in Tokyo. Building on AGF’s 30 years of experience in Japan, our branch office will develop opportunities for the distribution of AGF funds. Currently, AGF Japan Class, AGF European Growth Class and AGF Growth Equity fund are offered for sale in Japan. In a new partnership with Sumitomo Life Insurance Co., we have a reciprocal agreement to use knowledge of our own domestic markets to advise, manage and market specialized mutual funds and investment products.
With the opening of a representative office in Beijing, AGF is building on business ties established with China over the past decade. China has long-term potential as a market for AGF’s money management expertise, and we are ensuring that we are well-positioned to reap these rewards in the future.
Through these initiatives, we are reinforcing our presence in London, Dublin and Singapore, and living up to our promise to be a global company with a Canadian home. In 2001 we will continue to build on the global front, while maximizing opportunities in our own backyard.
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