AGFiQ: Quantitative Investment Platform

In today’s uncertain markets, it is important to consider various investment styles and approaches in order to achieve long-term performance and manage volatility. Quantitative strategies can help investors of all types diversify their portfolios, protect their wealth from downturns and ultimately achieve more consistent investment outcomes.

AGFiQ is the quantitative platform for AGF powered by an intellectually diverse, multi-disciplined team.

Led by pioneers in factor-based investing, the team’s approach is grounded in the belief that investment outcomes can be improved by assessing and targeting the factors that drive market returns. Utilizing disciplined, factor-based approaches allows us to view risk through multiple lenses as we work to achieve our objective of providing better risk-adjusted returns.

 

Quantitative Investing Gaining Traction┬╣

65 percent 85 percent 1 in 4
of Canadian and U.S. institutional investors include quant strategies in their portfolios of these respondents say quant plays an important part in their overall holding want to further increase the emphasis paid to quantitative strategies in the future

Our Investing Principles

Our approach is defined by three principles: shared intelligence, a measured approach and active accountability. Together we strive to develop and apply disciplined processes that are transparent and replicable to deliver consistent outcomes for our clients.

 

Shared Intelligence

Shared Intelligence

Measured Approach

Measured Approach

Active Accountability

Active Accountability

Investment Team

Mark Stacey

Mark Stacey

MBA, CFA
Grant Wang

Grant Wang

M.A., PH.D., CFA
Bill DeRoche

Bill DeRoche

MBA, CFA

Senior Vice-President, Head of Portfolio Management & Co-Chief Investment Officer

Mark joined Highstreet Asset Management Inc. (Highstreet) in 2011 and today leads the firm’s investment management functions. He is also responsible for portfolio management of the Highstreet Canadian small cap and Canadian equity mandates. Mark has 14 years of investment experience applying quantitative and qualitative management techniques to the portfolio management process.

Prior to joining Highstreet, Mark was Vice-President, Equities at London Capital Management for six years where he managed a variety of core, value and growth-oriented Canadian and U.S. portfolios.

Mark has a Masters of Industrial Relations from the University of Toronto and an MBA from the Richard Ivey School of Business, University of Western Ontario. He is a CFA charterholder.

*A registered Advising Representative in Canada with Highstreet Asset Management Inc., a subsidiary of AGF Investments Inc.

Senior Vice-President, Head of Research & Co-Chief Investment Officer

Grant joined Highstreet Asset Management Inc. (Highstreet) in 2012 and leads the research team to develop and enhance Highstreet’s quantitative investment strategies. He plays a key role in facilitating the sharing of ideas between Highstreet’s portfolio managers and quantitative specialists with respect to research proposals and findings.

Prior to joining Highstreet, Grant spent seven years as a lead quantitative researcher for one of Canada’s largest pension funds. He has 15 years of experience developing predictive statistical models.

Grant has a B.A. and M.A. in Economics from Nankai University, and a Ph.D. in Economics from University of Western Ontario.

*A registered Advising Representative in Canada with Highstreet Asset Management Inc., a subsidiary of AGF Investments Inc.

Chief Investment Officer & Portfolio Manager

Bill DeRoche is Chief Investment Officer and Portfolio Manager at AGF Investments LLC (formerly FFCM LLC).1

Bill is co-founder of AGF Investments LLC, a Boston-based investor advisory firm founded in 2009 and subsidiary of AGF Management Limited. He is a leader of AGF’s quantitative investment platform, known as AGFiQ. AGFiQ’s team approach is grounded in the belief that investment outcomes can be improved by assessing and targeting the factors that drive market returns. 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 and holds FINRA licenses 7, 63 and 24.

1An investment professional with AGF Investments LLC (formerly FFCM LLC), a U.S.-registered investment advisor firm and affiliate of AGF Investments Inc.

Stephen Duench, CFA
VP, Portfolio Manager3

Jeff Kay, M.Sc.
VP, Portfolio Manager3

Robert Yan, Ph.D., CFA
VP, Portfolio Manager3

Philip Lee, M.E., Ph.D.
COO and Portfolio Manager2

Josh Belko, CFA
Associate Portfolio Manager2

Tingting Lu, Ph.D., CFA
Associate Portfolio Manager3

Lei Wan, MQF, CFA
Senior Analyst, Research3

Brian Jia, PhD
Senior Analyst, Research3

Stewart Boxall
Manager, Technology Development & Analyst3

Zheng Liu, MBA, Ph.D., CFA
Senior Analyst, Research3

Cally Cheung, MBA, CFA
Senior Analyst, Research3

Brad Xing, MQF
Senior Research Analyst3

Hang Gao, MQF
Senior Analyst, Research3

David Ghasimi, MFin, CFA
Analyst, Research3

Abhishek Ashok, M.A., MFE, CFA
Analyst3

Ian Rake
Portfolio Specialist

1 The survey referenced was conducted by the Gandalf Group and was commissioned by AGF Investments Inc. Findings are based on telephone surveys with 88 institutional investors in the U.S. & Canada that took place in two waves between March 26 and May 7, 2018; and June 13 and July 4, 2018.

2 AGF Investments LLC

3 Highstreet Asset Management Inc.