The deal will add US$7.1 billion in AUM and double the size of Fiera’s institutional and subadvisory retail business in the U.S.
The independent investment-management firm is looking to double AUM within the next five years
The Montreal-based firm is divesting its 35% stake in Axium Infrastructure
The award acknowledges Fiera’s performance and ability to grow AUM
Launch of fund and new partnership with Tokyo-based Nissay Asset Management marks the beginning of Fiera’s foray into Japan’s large pension market
The transaction, which was first announced in February, adds US$7.2 billion in AUM to Fiera
The recent economic downturn in Canada has been heavily concentrated in the energy sector and a pick up in energy prices will benefit the economy as well as result in a stronger Canadian dollar
John Valentini joins firm; Sylvain Roy promoted
Two bond yield funds will be terminated before the end of the year while Fiera Capital Bond Fund has seen its risk rating change
Assets under management up 13% from Q1 2014