AGF Reports $74.7 Billion in Assets After New Holland Capital Investment
Management will explain how the inorganic purchase expanded private assets and what it means for fee revenue on a June 24 webcast.
Overview
- AGF disclosed total assets under management and fee-earning assets of $74.7 billion and total AUM of $72.6 billion as at May 31, 2026, marking a sharp month‑over‑month and year‑over‑year rise.
- The main driver of the increase was AGF’s investment in New Holland Capital, which enlarged AGF Capital Partners’ AUM to $13.2 billion and raised its combined AUM and fee‑earning assets to $15.3 billion.
- AGF’s mutual fund business held $38.0 billion in AUM, with U.S. and international equity funds comprising $25.4 billion of that total, while ETFs, SMAs, segregated accounts and private‑wealth assets also contributed.
- AGF separates fee‑earning assets—where it earns recurring fees or carried interest without owning the manager—from owned AUM; AGF Capital Partners reported $2.1 billion of fee‑earning assets that affect future fee revenue visibility.
- The company scheduled its Q2 2026 results release and a management webcast on June 24 where CEO Judy Goldring, CFO Ken Tsang, Head of AGF Capital Partners Ash Lawrence and CIO John Porter will discuss financial and fee implications.