AGF Management (B)

AGF.B-T

TSE:AGF.B

6.89
0.16 (2.27%)
AGF Management Limited is a premier Canadian-based investment management firm serving institutions and individuals around the globe since 1957.
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Analysis and Opinions about AGF.B-T

Signal
Opinion
Expert
BUY
BUY
April 25, 2014

It’s volatile. Management are making a lot of changes right now. They have a lot of good exposure to international equities. As capital moves from fixed income into equities, this where you want to be.

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It’s volatile. Management are making a lot of changes right now. They have a lot of good exposure to international equities. As capital moves from fixed income into equities, this where you want to be.

COMMENT
COMMENT
March 17, 2014

Has been a perennial disappointment in the Canadian mutual fund business. Had a decent run through the middle of 2013, but has come off again because it has had some fairly disappointing sales. Emerging-market’s manager and her team left 18 months ago which slowed some outflow. You are now no higher than you were in 2009. Until you actually see a substantial improvement in performance and the stock sees some big inflows…..

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Has been a perennial disappointment in the Canadian mutual fund business. Had a decent run through the middle of 2013, but has come off again because it has had some fairly disappointing sales. Emerging-market’s manager and her team left 18 months ago which slowed some outflow. You are now no higher than you were in 2009. Until you actually see a substantial improvement in performance and the stock sees some big inflows…..

HOLD
HOLD
March 7, 2014

Dividend is sustainable as long as the family holds the company. They have had significant loss of assets over the last few years and that trend does not show any signs of abating. He would look for more stability before buying it.

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Dividend is sustainable as long as the family holds the company. They have had significant loss of assets over the last few years and that trend does not show any signs of abating. He would look for more stability before buying it.

DON'T BUY
DON'T BUY
February 21, 2014

Struggled over the years. Don’t have the distribution that other mutual fund companies have. Major redemptions and loss of portfolio managers over the years.

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Struggled over the years. Don’t have the distribution that other mutual fund companies have. Major redemptions and loss of portfolio managers over the years.

WAIT
WAIT
February 20, 2014

You don’t declare head and shoulders until it breaks through. We are marking time at this point. If you buy it, it is for the turnaround story. This is a time when wealth management does well. If it goes below here then he would be concerned. He wants to see it resolve itself one way or the other. Hold or don’t get in yet.

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You don’t declare head and shoulders until it breaks through. We are marking time at this point. If you buy it, it is for the turnaround story. This is a time when wealth management does well. If it goes below here then he would be concerned. He wants to see it resolve itself one way or the other. Hold or don’t get in yet.

HOLD
HOLD
February 6, 2014

An embattled mutual fund company right now. They are still very large. Doesn’t own it and is not planning on buying it anytime soon. The question of it being a buyout is certainly a potential catalyst but wouldn’t buy it for this alone. If you own, he would Hold for a potential buyout, otherwise he would not own.

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An embattled mutual fund company right now. They are still very large. Doesn’t own it and is not planning on buying it anytime soon. The question of it being a buyout is certainly a potential catalyst but wouldn’t buy it for this alone. If you own, he would Hold for a potential buyout, otherwise he would not own.

COMMENT
COMMENT
January 24, 2014

Thinks the 8.5% yield is safe. Management didn’t cut it last year or the year before so he doesn’t think they will be cutting at anytime soon. You would think that an asset manager should do well in this environment but this company has had some performance issues. Feels this fund company remains challenged as it continues to experience out flows. Prefers Gluskin Sheff (GS-T). If this one gets down to $11, that would represent a very compelling buying opportunity because it starts to trade at it big discount to the group.

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Thinks the 8.5% yield is safe. Management didn’t cut it last year or the year before so he doesn’t think they will be cutting at anytime soon. You would think that an asset manager should do well in this environment but this company has had some performance issues. Feels this fund company remains challenged as it continues to experience out flows. Prefers Gluskin Sheff (GS-T). If this one gets down to $11, that would represent a very compelling buying opportunity because it starts to trade at it big discount to the group.

Andy Nasr

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Price
$12.600
Owned
Unknown
DON'T BUY
DON'T BUY
January 22, 2014

8.3% dividend is not safe 3 years from now. They are the laggard in the asset management world. Yield keeps them safe but it is not as safe as people think it is. Fund lineup is not that exciting to investors.

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8.3% dividend is not safe 3 years from now. They are the laggard in the asset management world. Yield keeps them safe but it is not as safe as people think it is. Fund lineup is not that exciting to investors.

BUY
BUY
December 31, 2013

Most of the money managers have done well, as they should, but this one has lagged. As long as the bull market remains intact, it will be dragged higher. Yield is a bit scary, however.

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Most of the money managers have done well, as they should, but this one has lagged. As long as the bull market remains intact, it will be dragged higher. Yield is a bit scary, however.

COMMENT
COMMENT
December 23, 2013

Mutual fund industry will go through big changes over the next few years. It involves full disclosure over fees. He thinks eventually the two products will be the same size. AGF is a high dividend payer and people like that.

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Mutual fund industry will go through big changes over the next few years. It involves full disclosure over fees. He thinks eventually the two products will be the same size. AGF is a high dividend payer and people like that.

COMMENT
COMMENT
December 17, 2013

Mutual fund business is facing a lot of competition from ETFs, which are growing very, very rapidly. This is still pretty much a passive investment approach. He is a big believer in active management. This is the 2nd or 3rd largest independent mutual fund, so you have a couple of things that could occur. There could be consolidation in the industry. Dividend is good.

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Mutual fund business is facing a lot of competition from ETFs, which are growing very, very rapidly. This is still pretty much a passive investment approach. He is a big believer in active management. This is the 2nd or 3rd largest independent mutual fund, so you have a couple of things that could occur. There could be consolidation in the industry. Dividend is good.

SPECULATIVE BUY
SPECULATIVE BUY
November 15, 2013

Assets under administration are still at about where they were a year ago. They finally started to tick up over the month of October. More levered to international equities. If things continue to where they are, this is a good place to be. 7.5% yield. Payout ratio is about 180%, so it is a higher risk name.

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Assets under administration are still at about where they were a year ago. They finally started to tick up over the month of October. More levered to international equities. If things continue to where they are, this is a good place to be. 7.5% yield. Payout ratio is about 180%, so it is a higher risk name.

DON'T BUY
DON'T BUY
September 23, 2013

Takeovers are always hard to predict, especially with a large family ownership. It is a tough business with regulation changes and competition. He prefers banks.

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AGF Management (B) (AGF.B-T)
September 23, 2013

Takeovers are always hard to predict, especially with a large family ownership. It is a tough business with regulation changes and competition. He prefers banks.

HOLD
HOLD
September 19, 2013

Large mutual fund complex that had some hard times in their specialties being out of international favour. They are turning that around. Not his favourite name and they are probably losing market share, but it is a cash flow producing machine that is losing market share over the long term.

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AGF Management (B) (AGF.B-T)
September 19, 2013

Large mutual fund complex that had some hard times in their specialties being out of international favour. They are turning that around. Not his favourite name and they are probably losing market share, but it is a cash flow producing machine that is losing market share over the long term.

COMMENT
COMMENT
September 6, 2013

Has been having a lot of problems. One of the last few publicly available mutual fund choices out there.

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Has been having a lot of problems. One of the last few publicly available mutual fund choices out there.

Showing 61 to 75 of 213 entries