BOSTON, Jan. 14, 2020 (GLOBE NEWSWIRE) — AGF Investments America Inc. today announced the launch of AGF Emerging Markets Equity Fund in the United States, a mutual fund providing U.S. institutional investors with access to its emerging markets equity strategy.
“There is strong demand for active emerging markets equity strategies,” said Florence Narine, Senior Vice-President, Head of Product. “To meet this demand in the U.S., we are now providing institutional investors in the United States with access to a strategy that demonstrates AGF Investments tenure and strength in actively managed emerging markets and global equities space.”Demand for emerging markets is expected to increase in 2020. According to *Greenwich Associates, U.S. institutional investors are expecting to make new allocations of +US$19.7bn to Emerging Markets Equity over the next 12 months; more than for any other international equity category. With approximately US$1.5 billion under management as of December 31, 2019, AGF Investments’ Emerging Market Equity Strategy provides investors with access to emerging markets by investing in equities of companies operating in emerging markets countries with a fundamental, bottom-up investment style and top-down country allocation framework. The new mutual fund will be offered through Share Classes I and R6 and has a minimum investment of US$1 million.Managed by Regina Chi, Vice-President and Portfolio Manager, and supported by AGF Investments’ Global Equity Team, the strategy seeks to invest in high quality companies at attractive valuations that possess fundamental catalysts that we believe will drive long-term economic profits for investors while controlling risk.“In the last number of years, there have been enormous structural changes in emerging markets. EM economies are evolving and many are stepping up the value-chain, each with their own economic cycle, political realities and market structure,” said Chi. “With so much diversity, we are excited by the unique investment opportunities emerging markets present for investors today.”For more information about AGF Investments visit: AGF.com/institutionalAbout AGF
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