About AGF Investments
AGF Investments is comprised of various subsidiaries of AGF Management Limited who manage and advise on a variety of investment solutions for clients globally. The investment teams draw upon and integrate fundamental and quantitative investing capabilities and research across the companies.
AGF Investments services a diverse client base from financial advisors and individual investors to institutional investors across the globe through segregated accounts, mutual funds, exchange-traded funds and separately managed accounts.
AGF Investments’ disciplined approach, global mindset and eye to risk management have allowed us to continue to evolve and thrive as a diversified asset manager.
What We Do
AGF Investments offers a broad range of actively managed equity, fixed income, alternative and multi-asset strategies covering a spectrum of objectives from wealth accumulation and risk management to income-generating globally-focused solutions.
Our teams embrace a culture of collaboration and knowledge sharing with the belief that an interconnected team leads to a better understanding of an interconnected world as we work to consistently deliver on investment objectives and provide an exceptional client experience.
Portfolio Management
Our Portfolio Managers have a singular focus on consistent and repeatable investment processes and are empowered with the latitude to pursue distinct, research-driven investment philosophies backed by disciplined approach. Each manager and their mandate(s) are supported by the breadth and depth of AGF Investments’ investment research and resources.
Research Analysts
Equity Analysts
The Equity Analyst Team is a centralized research team of sector specialists who maintain an advanced knowledge of their assigned sector(s) by conducting in-depth fundamental research and analysis of relevant companies within the sector. Having a thorough understanding of industry dynamics and a style-agnostic approach allows the Team to cross-pollinate ideas across portfolios by working with various Portfolio Managers.
Quantitative Research
The Quantitative Research Team provides research, tools and data analysis that are utilized by the investment management teams to support them in achieving their investment objectives. We believe that access to different forms of data, and curating data in-house through techniques such as machine learning, can uncover risks and opportunities that fundamental research can’t do alone.
Fixed Income Analysts
The Fixed Income Analyst Team are dedicated to fundamental research across global fixed-income markets, including Canadian markets, developed markets, emerging markets, global credit and currency. Additionally, the Team works collaboratively with the Equity Analyst Team which allows for strong understanding of the macro-economic factors and a holistic view of the market.
Additional Resources
Risk Management & ESG Integration
The Risk Management Team ensures that risk thresholds are well-defined for each mandate. The Team supports Portfolio Managers by looking at their portfolios from a different lens which leads to better decision making – whether its avoiding potential unintended risks or taking calculated risks. The Team's dedicated ESG resources work with members across investment management to support the integration of relevant ESG factors into their research processes.
Trading
The Trading Team consists of seasoned professionals with 65+ years of combined experience and have an expanded network of global brokerage partners. The Team is focused on best execution and also provides the broader investment team with ongoing market intelligence to further support knowledge sharing.
*AGF Investments teams consist of individuals from across AGF Investments entities. See disclosures below.
AGF Investments’ Office of the CIO
The Office of the CIO (OCIO) is responsible for managing and developing investment management staff, research, policies and programs that aim to achieve the investment objectives of the organization and its clients.
Kevin McCreadie
CFA®, MBA
John Christofilos
Bill DeRoche
MBA, CFA®
Rune Sollihaug
CFA®, CIPM
David Stonehouse
MBA, CFA®
Stephen Way
CFA®
Chief Executive Officer and Chief Investment Officer, AGF Management Limited
Kevin McCreadie is Chief Executive Officer (CEO) and Chief Investment Officer (CIO) of AGF Management Limited.
In the role of CEO, Kevin is responsible for the overall success of AGF, overseeing the firm’s mission, vision and strategic direction. He also leads AGF’s Executive Management Team and serves as its liaison with AGF’s Board of Directors.
As CIO, Kevin provides direction and leadership to AGF’s investment management teams. In carrying out these responsibilities, he leverages The Office of the CIO, a structure put in place in August 2018 that encourages collaboration and active accountability across AGF’s investment management teams and broader organization, capitalizing on the firm’s depth of talent while driving forward the teamwork that is necessary for the long-term success of its investment management.
Kevin brings over 35 years of investment management experience to AGF, with extensive expertise in retail and institutional asset management, direct portfolio management and over a decade of combined experience as CIO for two major U.S. financial services firms.
He previously served as President and CIO of PNC Capital Advisors, LLC, a division of PNC Financial Services Group, one of the largest diversified financial services organizations in the United States. In this role, he was responsible for leading the firm’s institutional business and overseeing more than $58 billion in AUM.
Kevin began his career in 1982 at J.P. Morgan where he held progressively senior positions, ultimately becoming a U.S. large-cap equity manager. He went on to join Brown Investment Advisory where he served as Partner and Senior Portfolio Manager. His experience includes a focus on portfolio construction and enhancing investment processes as well as managing asset allocation and alternative strategies for clients.
He earned an MBA in Finance from the Wharton Graduate School of Business and holds the Chartered Financial Analyst designation.
Senior Vice-President, Chief Trading Officer and Investment Management, Operations Strategy
John Christofilos leads a team responsible for trading AGF’s Assets Under Management across its Retail, Institutional, High-Net-Worth and ETF portfolios. He is also a member of AGF’s Business Development unit with responsibility for reviewing and leading Capital Markets opportunities and technology advancements.
John is a member of The Office of the CIO – a new structure within AGF’s Investment Management team. This leadership structure encourages and further embeds collaboration and active accountability across the Investment Management team and the broader organization.
His career has spanned more than 30 years, with experience on both the buy- and sell-side. Before joining AGF in 2014, John served as Managing Director at Canaccord Genuity, leading the firm’s efforts in electronic and program trading. Prior to Canaccord, he worked as Senior Managing Director for E-TRADE Institutional, a full-service financial services firm based in New York City.
John is a member of the Canadian and U.S. Securities Traders Associations and is a past member of the Board of Directors of the Canadian ETF Association (CETFA). He holds a Bachelor of Science degree from San Diego, California-based United States International University, where he played Division 1 Hockey.
SVP, Head of Quantitative Investing, AGF Investments LLC
Bill DeRoche is Head of Quantitative Investing at AGF Investments LLC¹, a Boston-based investor advisory firm founded in 2009 and a subsidiary of AGF Management Limited.
Bill is responsible for the overall leadership and management of AGF’s Quantitative Investment team and is a leader of AGF’s quantitative investment platform. AGF’s Quantitative Investment team is grounded in the belief that investment outcomes can be improved by assessing and targeting the factors that drive market returns.
Bill is also a member of The Office of the CIO – a structure within AGF’s Investment Management team. This leadership structure encourages and further embeds collaboration and active accountability across the Investment Management team and the broader organization.
Bill has long-tenured expertise employing quantitative factor-based strategies and alternative approaches to achieve a spectrum of investment objectives. Previously, Bill was a Vice-President at State Street Global Advisors (SSgA), serving as head of the firm’s U.S. Enhanced Equities team. His focus was on managing long-only and 130/30 U.S. strategies, as well as providing research on SSgA’s stock-ranking models and portfolio construction techniques. Prior to joining SSgA in 2003, Bill was a Quantitative Analyst and Portfolio Manager at Putnam Investments. Bill has been working in the investment management field since 1995.
Prior to 1995, Bill was a Naval Aviator flying the Grumman A-6 Intruder as a member of Attack Squadron Eighty-Five aboard the USS America (CV-66).
Bill holds a Bachelor’s degree in Electrical Engineering from the United States Naval Academy and an MBA from the Amos Tuck School of Business Administration at Dartmouth College. He is a CFA® charterholder.
Vice-President and Head of Risk & Portfolio Analytics, AGF Investments Inc.
Rune Sollihaug is responsible for risk management and oversight across AGF’s investment management platform, including analyzing risk, ongoing performance, attribution, ESG and stress test scenarios leveraging distinct analytics platforms.
Rune is a member of The Office of the CIO – a structure within AGF’s Investment Management team. This leadership structure encourages and further embeds collaboration and active accountability across the Investment Management team and the broader organization.
He previously served as Vice-President, Investment Analytics at a global financial services company that provides a comprehensive range of services in asset servicing, asset management, corporate trust, investment services, wealth management, treasury services and technology.
Rune earned a BBA from Trondheim Business School and a Master of Arts (Economics & Finance) from the University of Leeds. He is a CFA® charterholder and holds a Certificate in Investment Performance Management (CIPM).
Senior Vice-President and Head of North American and Specialty Investments
David Stonehouse oversees AGF’s North American and Specialty Investments teams while maintaining direct portfolio management responsibilities for his current mandates.
With more than two decades of experience managing both fixed income and balanced mandates, David employs a rigorous and disciplined investment process combining a top-down approach to duration and asset allocation with a bottom-up approach to security selection.
David is a member of The Office of the CIO – a new structure within AGF’s Investment Management team. This leadership structure encourages and further embeds collaboration and active accountability across the Investment Management team and the broader organization.
David received a B.Sc. in Applied Science from Queen’s University, an MBA in Finance and Accounting from McMaster University and is a CFA® charterholder.
Senior Vice-President and Head of Global and Emerging Markets Equities, AGF Investments Inc.
Steve Way leads AGF’s global equity team in Toronto, while maintaining portfolio management responsibilities for global equity and emerging markets mandates. As the architect of the Economic Value Added (EVA)-based investment process used for these industry-leading mandates, he is supported by a team that uses its collective experience to locate opportunities unrecognized by the market.
Steve is a member of The Office of the CIO – a new structure within AGF’s Investment Management team. This leadership structure encourages and further embeds collaboration and active accountability across the Investment Management team and the broader organization. He is also a member of the AGF Asset Allocation Committee (AAC), which consists of senior portfolio managers who are responsible for various regions and asset classes. The AAC meets regularly to discuss, analyze and assess the macro-economic environment and capital markets in order to determine optimal asset allocation recommendations.
Steve’s industry experience began when he joined AGF in 1987. In 1991, he established AGF’s wholly owned subsidiary AGF International Advisors Company Limited in Dublin, Ireland and ran the operations as Managing Director until 1994.
Steve holds a B.A. in Administrative and Commercial Studies from the University of Western Ontario. He is a CFA® charterholder and a member of CFA® Society Toronto.
AGF Investments is a group of wholly owned subsidiaries of AGF Management Limited, a Canadian reporting issuer. The subsidiaries included in AGF Investments are AGF Investments Inc. (AGFI), AGF Investments America Inc. (AGFA), AGF Investments LLC (AGFUS) and AGF International Advisors Company Limited (AGFIA). AGFI is registered as a portfolio manager across Canadian securities commissions. AGFA and AGFUS are registered investment advisors with the U.S. Securities Exchange Commission. AGFIA is regulated by the Central Bank of Ireland and registered with the Australian Securities & Investments Commission. The term AGF Investments may refer to one or more of these subsidiaries or to all of them jointly. This term is used for convenience and does not precisely describe any of the separate companies, each of which manages its own affairs.
AGF Investments entities only provide investment advisory services or offers investment funds in the jurisdiction where such firm, individuals and/or product is registered or authorized to provide such services.
Investment advisory services for U.S. persons are provided by AGFA and AGFUS. In connection with providing services to certain U.S. clients, AGF Investments LLC uses the resources of AGF Investments Inc. acting in its capacity as AGF Investments LLC’s “participating affiliate”, in accordance with applicable guidance of the staff of the SEC. AGFA engages one or more affiliates and their personnel in the provision of services under written agreements (including dual employee) among AGFA and its affiliates and under which AGFA supervises the activities of affiliate personnel on behalf of its clients (“Affiliate Resource Arrangements”).
For Canadian investors: Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.