MONTREAL, July 31, 2024 – Fiera Capital Corporation (TSX: FSZ) ("Fiera Capital" or the "Company"), a leading independent asset management firm, is pleased to announce that it has been selected to manage C$600 million on behalf of the Caisse de dépôt et placement du Québec (“CDPQ”) as part of the CDPQ’s ambition to increase its investments managed by Quebec firms to C$8 billion by 2028.

This investment represents two new mandates of C$300 million each that will be allocated to Fiera Capital’s Active and Strategic Fixed Income – Active Government Universe strategy, managed by Charles Lefebvre, Senior Portfolio Manager, and his team, and Fiera Atlas Global Companies strategy, managed by Simon Steele, Senior Vice President and Senior Portfolio Manager, Head of Fiera Atlas Global Companies Team.

 In the next few months, the Active and Strategic Fixed Income team will add an overlay strategy to the Fixed Income mandate, migrating to a Relative Value solution.  The latter is one of the Active and Strategic Fixed Income team's flagship strategies, distinguished by its demonstrated track record since inception, its high-quality management process and its diverse sources of added value. Mr. Lefebvre commented, “We are thrilled that CDPQ has chosen to invest in this strategy, further strengthening its partnership with Fiera Capital and representing its trust in our Fixed Income team.  Relying on fundamental and technical analysis tools developed in-house, this investment solution has been created to achieve very strong results, regardless of the economic, financial or political environment, with no construction bias towards any of the characteristics of its benchmark index.”

On the other hand, the Fiera Atlas Global Companies strategy uses a fundamental, bottom-up research driven investment process to invest in 25 to 35 companies with strong wealth creation credentials, backed by sustainable and diversified cash flows that will compound over the long term. Mr. Steele added, “Since launching our strategy in 2017, our highly experienced team has sought to deliver superior long-term, risk-adjusted capital growth by leveraging rigorous research into a select portfolio of compelling companies across North America, Europe and Asia. We are delighted to have been selected by CDPQ to create sustainable value on behalf of its clients and look forward to building a long, mutually beneficial relationship.”

“CDPQ's renewed confidence in Fiera Capital, a pillar of Quebec finance, underscores our ongoing role as an investment leader,” says Maxime Ménard, President and CEO of Fiera Capital Canada and Global Private Wealth. “Fiera Capital is uniquely positioned to deliver optimized portfolio solutions, combining innovation and precision in risk and return management at all levels of strategy. It is our commitment to excellence that enables us to respond effectively to the diverse requirements of our clients.”

 

END

 

About Fiera Capital Corporation

Fiera Capital Corporation (“Fiera Capital”) is a leading independent asset management firm with a growing global presence. Fiera Capital delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients across North America, Europe and key markets in Asia. 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.

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).

Each affiliated entity (each an “Affiliate”) of Fiera Capital only provides investment advisory or investment management services or offers investment funds in the jurisdictions where the Affiliate is authorized to provide services pursuant to an exemption from registration and/or the relevant product is registered.

Fiera Capital does not provide investment advice to U.S. clients or offer investment advisory services in the U.S. In the U.S., asset management services are provided by Fiera Capital’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

https://www.fieracapital.com/en/registrations-and-exemptions.

Additional information about Fiera Capital, including Fiera Capital's annual information form, is available on SEDAR+ at www.sedarplus.ca.

 

Disclosure

The information presented is for informational purposes only and is not intended to be, and should not be construed as, an offer to sell, or the solicitation of an offer to buy, any investment product. The information presented in this document, in whole or in part, is not investment, tax, legal or other advice, nor does it consider the investment objectives or financial circumstances of any investor.

This document may contain “forward-looking statements” which reflect the current expectations of Fiera Capital and/or its Affiliates. These statements reflect current beliefs, expectations, and assumptions with respect to future events and are based on information currently available. Although based upon what Fiera Capital and its affiliates believe to be reasonable assumptions, there is no guarantee that actual results, performance, or achievements will be consistent with these forward-looking statements. There is no obligation for Fiera Capital and/or its Affiliates to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.

​