AGF Partners With SEI Trust Company To Launch Collective Investment Trust Funds For Retirement Plans
New Funds Provide Clients with Greater Diversification and Access to Seasoned Managers
BOSTON, April 18, 2012 /PRNewswire/ - AGF Investments America Inc. (AGFA), a subsidiary of global investment management firm AGF Management Limited (AGF), and SEI Trust Company (STC) today announced a partnership to offer a suite of collective investment trust (CIT) funds. AGFA and STC will introduce three new CIT funds designed for qualified retirement plans looking for global equity diversification.
These new funds will provide qualified plan sponsors and retirement plans with a cost-effective way of accessing AGF's experienced investment managers. STC, a wholly owned subsidiary of SEI Investments Company (SEI) and a leader in providing CIT services for over 20 years, will serve as trustee for the new products.
"As our institutional business gains momentum, we continue to expand our product line-up to offer investment solutions that meet the needs of U.S. retirement plans," said Thomas Clancy, Vice-President, Head of U.S. Distribution for AGF Investments America Inc. "To satisfy the increasing demand for these types of pooled solutions, we have chosen existing strategies offered by some of our top investment teams."
The suite of CIT fund offerings include:- AGF Global Core Equity Collective Fund - Advised by AGF's Global Equity Team led by Stephen Way, CFA, who has close to 25 years of investment industry experience. Stephen has a 15-year track record on the Global Equity strategy, which he has managed since inception, achieving consistent top quartile performance.
- AGF Emerging Markets Focused Equity Collective Fund - Also advised by AGF's Global Equity Team and led by Stephen Way. AGF's emerging markets strategy has a strong consistent track record and has enjoyed tremendous demand from institutional investors.
- AGF Global Resources Collective Fund - Advised by AGF's Global Resources Team, led by Robert Lyon, CFA, a seasoned resources manager with over two decades of investment experience. The Team has received several honours and recognition over the past year for managing this investment strategy.
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