10:10 AM EST - AGF Management Ltd. : reported a 62 percent surge in second-quarter profit on Wednesday on the back of record mutual fund sales. Canada's third-largest publicly traded fund management firm reported net income of $53.6 million, or 59 cents a share, for the three months ended May 31, up from $33 million, or 37 cents a share, in the same quarter a year ago. AGF Management Ltd.
shares T.AGF.B are trading off 45 cents at $35.75.