Image Source: AsiaOne
AGF Management Limited Reports Third Quarter 2020 Financial Results GlobeNewswire September 23, 2020 TORONTO, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Closed Smith & Williamson merger. Reported adjusted diluted EPS of $0.19 for the third quarter of 2020.Announces intention to launch a substantial issuer bid.Private alternative AUM increased 14% to $2.8 billion. Establishes new advisory committee for its alternatives business.AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the third quarter ended August 31, 2020. AGF reported total assets under management (AUM) of $37.0 billion compared to $37.4 billion in the same period in 2019. Average daily mutual fund AUM remained flat at $18.9 billion compared to the same period in 2019. Ending mutual fund AUM was $19.2 billion. AUM related to AGF’s private alternatives increased 14% to $2.8 billion compared to $2.4 billion in the same period of 2019.
Source: AsiaOne