MONTREAL, March 8, 2021 /PRNewswire/ -- Fiera Capital
Corporation (TSX: FSZ) ("Fiera Capital" or the "Company"), a
leading independent asset management firm, today announced the
acquisition of a new Global Equities capability from AMP
Capital.
The experienced team is comprised of four investment
professionals: Simon Steele, Lead
Portfolio Manager, and Neil Mitchell
who will be based in Fiera Capital's London office, with David Naughtin and Andy
Gardner based out of Hong
Kong and Sydney, Australia,
respectively. The managers, who are AAA-rated by Citywire, have a
solid track record of performance, acquired over the past four
years at AMP Capital managing the UCITS platform series as well as
the AMP Capital Global Companies Fund in Australia and New
Zealand, and bring over US$500 million in assets under
management to Fiera Capital.
The proposed transfer of the UCITS platform series is subject to
regulatory and other approvals. Until the foregoing transfer and
arrangements are completed, the Global Companies Fund series will
continue to be managed together with AMP Capital by the same
investment team. AMP Capital and Fiera Capital are committed to
ensuring that existing client terms and conditions will not be
impacted, and clients experience a seamless experience throughout
the transition.
"I am thrilled to welcome such experienced investment
managers and their clients to Fiera Capital," said
Jean–Philippe Lemay, Global President and Chief Operating
Officer. "The team is a perfect fit with the Company, sharing in
our client-focused culture and dedication to investment
excellence. What's more, the acquisition of a Global Equity
capability based outside of North
America builds on our global ambitions of building robust
investment platforms in markets where we see opportunities for
growth."
"This seasoned team and their investment strategy are highly
complementary to our existing offering," said Anik Lanthier, President and Chief Investment
Officer, Public Markets. "In the UK and Europe, it will sit alongside our successful
Emerging Markets Equities, Real Estate and Mid-Market
Infrastructure teams, while in Asia it will broaden our capability alongside
our Asia Credit business. This
addition is directly aligned with our objective of ensuring the
continuing competitiveness and range of our investment platform in
order to best serve the investment needs of our clients."
"We are excited to join Fiera Capital and share in the
Company's impeccable reputation and commitment to a culture of
investment excellence. The team has delivered exceptional returns
since inception and is just weeks away from completing its
fourth-year track record," said Simon
Steele, Lead Portfolio Manager of the new Global Equity
team. "We look forward to welcoming our clients and working
alongside our new colleagues while contributing to the vision of
making Fiera Capital a top tier global asset manager, recognized
for its best-in-class solutions offering and trusted investment
partnerships."
The team's investment approach is fundamentally driven, aligned
with a long-term perspective, and anchored around a three-pillared
wealth creation framework founded on companies' competitive
advantage, strong capital allocation, and predictable growth. This
approach yields a focused portfolio of 25 to 35 best-in-class
global companies, which is expected to deliver superior
risk-adjusted returns over a full market cycle. Their investment
process generates highly concentrated, quality style, low turnover
portfolios, and derives its primary source of added return from
security selection.
Forward-Looking Statements
This document may contain certain forward-looking statements.
These statements relate to future events or future performance, and
reflect management's expectations or beliefs regarding future
events, including business and economic conditions and Fiera
Capital's growth, results of operations, performance and business
prospects and opportunities. Such forward-looking statements
reflect management's current beliefs and are based on information
currently available to management. In some cases, forward-looking
statements can be identified by terminology such as "may", "will",
"should", "expect", "plan", "anticipate", "believe", "estimate",
"predict", "potential", "continue", "target", "intend" or the
negative of these terms, or other comparable terminology.
By their very nature, forward-looking statements involve
inherent risks and uncertainties, both general and specific, and a
number of factors could cause actual events or results to differ
materially from the results discussed in the forward-looking
statements. In evaluating these statements, readers should
specifically consider various factors that may cause actual results
to differ materially from any forward-looking statement.
These factors include, but are not limited to, market and
general economic conditions, the nature of the financial services
industry, and the risks and uncertainties detailed from time to
time in Fiera Capital's interim condensed and annual consolidated
financial statements, and its latest Annual Report and Annual
Information Form filed on www.sedar.com. These forward-looking
statements are made as of the date of this document, and Fiera
Capital assumes no obligation to update or revise them to reflect
new events or circumstances.
About Fiera Capital Corporation
Fiera Capital is a leading independent global asset management
firm with approximately C$180.2
billion in assets under management as of December 31, 2020. The Company provides
institutional, financial intermediary and private wealth clients
with access to full-service integrated money management solutions
across public and private asset classes. Fiera Capital's depth of
expertise, diversified investment platform and commitment to
delivering outstanding service are core to our mission of being at
the forefront of investment management science to create
sustainable wealth for clients. Fiera Capital trades under the
ticker FSZ on the Toronto Stock Exchange. www.fieracapital.com
Headquartered in Montreal,
Fiera Capital, with its affiliates in various jurisdictions, has
offices in over a dozen cities around the world, including
New York (U.S.), London (UK), and Hong Kong (SAR).
In the U.S., asset management services are provided by the
Company's affiliates who are investment advisers that are
registered with the U.S. Securities and Exchange Commission (SEC)
or exempt from registration. Registration with the SEC does not
imply a certain level of skill or training. For details on the
particular registration of, or exemptions therefrom relied upon by,
any Fiera Capital entity, please consult this webpage.
Additional information about Fiera Capital Corporation,
including the Company's annual information form, is available on
SEDAR at www.sedar.com.
Clients: Michael Quigley,
Executive Vice President and Global Head of Distribution, Fiera
Capital Corporation, 514 954-3716, mquigley@fieracapital.com;
Analysts and investors: Mariem
Elsayed, Director, Investor Relations and Public
Affairs, Fiera Capital Corporation, 514 954-6619,
melsayed@fieracapital.com; Media inquiries: Ged Brumby, Director,
UK Financial, Smithfield, +44
(0)20 3047 2527, ged.brumby@edelmansmithfield.com