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About David Stonehouse

David Stonehouse

David Stonehouse, MBA, CFA

Senior Vice-President and Head of North American and Specialty Investments

AGF Investments Inc.

David Stonehouse oversees AGF Investments’ North American and Specialty Investments teams while maintaining direct portfolio management responsibilities for his current mandates.

With nearly three decades of experience managing both fixed income and balanced mandates, David employs a rigorous and disciplined investment process combining a top-down approach to duration and asset allocation with a bottom-up approach to security selection. David is a member of The Office of the CIO – a structure within the Investment Management team at AGF Investments. This leadership structure encourages and further embeds collaboration and active accountability across the Investment Management team and the broader organization. He is also a member of the firm’s Asset Allocation Committee, a group of senior portfolio managers who meet regularly to assess global markets and provide strategic asset allocation guidance.

David received a B.Sc. in Applied Science from Queen’s University, an MBA in Finance and Accounting from McMaster University and is a CFA® charterholder.

Registered as a Portfolio Manager under AGF Investments Inc. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Recent Articles from this contributor
post image What Resurgent Inflation Means for Investors

  • Investing and Market Views

What Resurgent Inflation Means for Investors

May 26, 2026

AGF Investments’ Head of North American and Specialty Investments David Stonehouse explains how rising energy prices and geopolitical tensions are driving a more persistent inflation backdrop.

post image Asset Allocation Committee’s Q2 2026 Update: Boosting Exposure to Canada

  • Investing and Market Views

Asset Allocation Committee’s Q2 2026 Update: Boosting Exposure to Canada

April 22, 2026

David Stonehouse, Head of North American and Specialty Investments at AGF Investments Inc., summarizes the latest quarterly update from the firm’s Asset Allocation Committee.

post image Are We There Yet? What’s Next for the Iran War and Markets

  • Investing and Market Views

Are We There Yet? What’s Next for the Iran War and Markets

March 30, 2026

David Stonehouse, AGF Investments’ interim CIO, provides his analysis on the ongoing war and where opportunities may lie ahead for investors going forward.

post image Assessing the Potential Market Impact of the U.S/Israel Conflict with Iran

  • Investing and Market Views

Assessing the Potential Market Impact of the U.S/Israel Conflict with Iran

March 2, 2026

David Stonehouse, AGF Investments’ interim CIO, does not expect a major correction as the result of this latest geopolitical risk, but warns investors to expect a continuation of choppy markets in the near term.

post image Asset Allocation Committee’s Q1 2026 Update: Tweaking Geographic Exposure to Equities

  • Investing and Market Views

Asset Allocation Committee’s Q1 2026 Update: Tweaking Geographic Exposure to Equities

January 23, 2026

David Stonehouse, interim CIO at AGF Investments Inc., summarizes the latest quarterly update from the firm’s Asset Allocation Committee.

post image Bubble Talk: Why Equity Markets Don’t Seem Ready to Burst

  • Investing and Market Views

Bubble Talk: Why Equity Markets Don’t Seem Ready to Burst

October 29, 2025

David Stonehouse, AGF’s Investments Interim CIO, weighs in on emerging markets, gold and the (un)likelihood of a market crash.

post image AGF Investments’ Asset Allocation Committee’s Update Q4 2025 – Emerging Markets Get an Upgrade

  • Investing and Market Views

AGF Investments’ Asset Allocation Committee’s Update Q4 2025 – Emerging Markets Get an Upgrade

October 22, 2025

David Stonehouse, AGF Investments Interim CIO, on the latest quarterly update from the firm’s Asset Allocation Committee (AAC). 

post image Why the Fed is Rejoining the Global Monetary Easing Party

  • Investing and Market Views

Why the Fed is Rejoining the Global Monetary Easing Party

September 16, 2025

AGF Investments’ interim CIO believes the world’s biggest central bank is ready to lower interest rates again, and that some investors may be underestimating the extent of future cuts going forward.

post image Why Tariffs Are Here to Stay (And What That Could Mean for Investors)

  • Investing and Market Views

Why Tariffs Are Here to Stay (And What That Could Mean for Investors)

August 21, 2025

Investors seem more comfortable with the idea of tariffs, but they’re still likely to play a key role in the direction of financial markets as we approach the final stretch of the year, says David Stonehouse, AGF Investments’ interim CIO.

post image Asset Allocation Q3 2025 – A Slight Modification

  • Investing and Market Views

Asset Allocation Q3 2025 – A Slight Modification

July 24, 2025

David Stonehouse, Interim Chief Investment Officer at AGF Investments, explains the latest changes made by AGF Investments’ Asset Allocation Committee.

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