MONTREAL, Nov. 13, 2012 /CNW Telbec/ - Fiera Capital Corporation (TSX: FSZ) ("Fiera"), the investment fund manager of the Fiera High Income Trust (the "Trust") confirms that previously announced the termination of the Trust was completed today as scheduled.

At the close of business on November 9, 2012, the TSX delisted the units of the Trust (the "Units") (TSX: HIT.UN). All holders of Units of record at the close of business on November 9, 2012 (the "Unitholders of Record") were entitled to receive a cash amount per Unit representing their pro rata share of the net assets of the Trust (the "Termination Proceeds").

All assets of the Trust have been converted into cash and each Unitholder of Record received on November 12, 2012, Termination Proceeds corresponding to $9.0501 per Unit.

About Fiera

Fiera is a leading publicly traded, independent investment firm. Fiera is one of only a handful of full service, multi-product investment firms in Canada, offering clients a proven top tier track record in equity and fixed income management as well as depth and expertise in asset allocation and alternative investments. For more information, visit www.fieracapital.com.

Additional information relating to Fiera, including Fiera's annual information form, is on SEDAR at www.sedar.com.

SOURCE: FIERA CAPITAL CORPORATION