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Rating:Investors Group Allies with AGF Funds Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, May 17, 1999

Investors Group Allies with AGF Funds

Reported by Jason Shank

Investors Group Inc., Canada's largest fund company, today announced an agreement with AGF Funds Inc., the 8th largest, to develop a series of mutual funds for Investors Group. A company spokesperson told the MFWire.com that specifics of the funds would be announced in the next few months.

Related Links
  • Investors Group
  • AGF Funds
  • On MFWire.com
  • Canadian Firm Launches Funds with Templeton
  • "The new AGF funds will complement Investors Group's product offering and add diversity to our line-up of funds," said Sandra Metraux, senior vice-president of marketing at Investors Group. "AGF's disciplined growth style of management has a well-earned reputation in the industry and brings a leading brand name to our clients."

    AGF will serve as advisor on new equity funds, which will include North American and international investments. The new funds will be available to Investors Group's more than one million clients later this year, subject to regulatory approval.

    Investors Group currently offers its 41 Investors Master Series funds, advised by its own asset management arm and 16 funds offered through partnerships with four other investment managers including Merrill Lynch Asset Management.The company also recently announced product expansion plans that include new Templeton, MAXXUM and Scudder mutual funds. 

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