AGF Management upgraded to Perform at RBC as Q4 earnings impress

Jan. 26, 2023 10:39 AM ETAGF Management Limited (AGF.B:CA), AGFMFBy: Liz Kiesche, SA News Editor

Risk and reward bags on a basic balance scale in equal position on wood table. risk management concept, depicts investors use a risk reward ratio to compare the expected return of an investment

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  • RBC Capital Markets analyst Geoffrey Kwan upgraded AGF Management (AGF.B:CA) (OTCPK:AGFMF) to Sector Perform from Underperform as the asset manager's Q4 results showed better-than-expected performance overall, making its risk-reward profile more balanced.
  • Q4 earnings reflected higher-than-forecast investment

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