AGF Management Reports Q1 2026 Earnings with Mixed Results
AGF Management reported Q1 2026 earnings with AUM above CAD 60 billion and CAD 237 million in retail mutual fund net sales, marking the seventh consecutive quarter of positive retail flows. However, adjusted EBITDA fell to CAD 30 million due to fair value markdowns on legacy infrastructure investments, leading to a reduction in return expectations for its long-term investment portfolio.
Topics: AUM Growth Dividend Increase Earnings Call ETF Launch Fair Value Markdowns Management Changes