AGF Investments has announced several key appointments within its organization. Martin Hubbes has been named executive vice-president, investments, effective December 1, 2011. He will oversee all of the firm’s investment teams. He continues in his role as chief investment officer.
He replaces Rob Badun, who has announced his retirement, effective November 30, 2011. On top of his oversight of the investment management teams, Badun was instrumental in developing AGF’s institutional business.
AGF also announced that Peter Frost will join Caterina Prato in the management of AGF Canadian Stock Fund, AGF Canadian Stock Class, AGF Canada Class and AGF Canada Fund, effective October 1, 2011. These duties are in addition to his current mandates.
Prato will also take on lead management of several of the firm’s key strategic Canadian equity accounts.
Terri Ellis joins the company as head of North American research. A 15-year industry veteran, she joins AGF from an international asset management firm where she established a top ranked research team.
“We continue to build on our premier reputation of over half a century of independent and innovative investment thinking,” said Blake C. Goldring, chairman and CEO of AGF Management Limited. “These appointments will create a more robust organization so we can continue to meet the needs of investors, advisors and shareholders while helping us to focus on doing what we do best – providing long-term investment management excellence.”
Across the pond, Dublin-based AGF International Advisors has announced that managing director John Arnold is retiring, after 20 years with the firm. Rory Flynn will take over as chief investment officer, while Brian Brennan, currently vice-president, institutional sales, will also serve as vice-president, administration.