Montreal-based Fiera Capital Corp. will assume the portfolio management responsibilities for Investment Grade Infrastructure Bond Fund (IFB.UN) effective Oct. 10, the company announced on Monday.
Fiera will appoint Fiera Capital Inc., an affiliate, as portfolio subadvisor for the fund.
“The fund will continue to invest in an actively managed portfolio comprised primarily of investment grade fixed income securities of issuers that own, operate or develop infrastructure assets in the United States. There are no changes to the investment objectives or distribution policy of the fund,” Fiera says in a news release.