2007 has seen the world markets at their most volatile. With the uncertainty in the capital markets and the impact of the worldwide credit crunch, investors are worried and left wondering what will happen next and more importantly, how it will affect their wealth creation.
In his address to the Canadian Club, Blake Goldring, Chair and CEO of AGF Management Limited will speak about the highly competitive industry of investment management touching on market trends such as the movement of Canadians towards global investing, the future outlook on the markets, and the significant impact that Canada’s aging population will have on the industry. Over the past decade, the industry has gone through several changes – the entrance of banks and international investment firms and the consolidation that followed, the lifting of restrictions on foreign content limits and more recently, the ruling on the taxation of income trust distributions, making it a challenge for an independent Canadian investment management firm to compete successfully. Learn how AGF has embraced these opportunities and how its innovations over the past 50 years have helped position the firm to come out even stronger during challenging times.
During his senior management tenure, AGF has grown its assets significantly and the company has expanded into new business lines, sold and acquired new businesses, recruited top management and seen its revenues and assets rise significantly. Responsible for developing and overseeing the company’s strategic direction, Blake has played a critical leadership role turning AGF into a diversified investment management firm which today manages more than $54 billion (as of September 30, 2007) in total assets for retail and institutional clients. Despite the recent market volatility, AGF, celebrating its 50th anniversary this year, continues to thrive. In fact, AGF has been the top non-bank selling firm over the past nine months.
Join us on Tuesday November 20th for an informative discussion from AGF’s Blake Goldring as he discusses the importance of embracing market challenges head on to deliver and build value in a competitive marketplace.
