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FINWIRES

AGF Management Names John Porter Chief Investment Officer

-- AGF Management (AGF-B.TO) after trade Monday said John Porter will become chief investment officer starting May 1.

As CIO, Porter will lead the firm's investment team, set strategy, and focus on performance and risk management. He will report to Chief Executive Judy Goldring and join the executive management team, the company said.

"We are confident his leadership will unlock new opportunities, strengthen collaboration across our investment teams, and position AGF Investments for its next phase of growth," Goldring said.

Porter most recently served as CIO at Newton Investment Management, part of BNY Investments. He previously held senior roles in equity investing and U.S. growth strategies after joining the firm in 2016, according to the statement.

The company's shares closed up $0.19 to $20.02 on the Toronto Stock Exchange.

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