Mid-sized is beautiful, argues AGF
The Canadian fund house wants to emphasise its nimbleness and independence as it builds its new Hong Kong office.
AGF Management, a Toronto-based fund manager with C$44 billion ($41.3 billion) of assets under management, plans to highlight its relatively small size and independence as it courts Asian institutional investors.
Gary Wing, head of the firm's global institutional business, acknowledges that competition will be fierce for the firm as it sets up a sales and marketing presence in Asia. "We have seen a move away from huge providers to mid-sized companies with boutique-type operations," h…
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