MONTREAL, June 29, 2012 /CNW Telbec/ - Fiera Capital Corporation (TSX: FSZ) ("Fiera Capital" or "the Firm"), a leading independent Canadian investment management firm, announced today the launch of a new alternative fund, the Fiera Diversified Futures Fund (or "the Fund"), adding further depth to Fiera's alternative solutions.
The Fiera Diversified Futures Fund is designed to meet the objectives of accredited investors seeking to achieve equity-like returns and volatility, but with low or negative correlations compared to other equity and fixed income investments. The Fund takes long or short positions in more than 20 markets in fixed income, equity, currencies and commodities.
Since June 8, 2012, the Fund has been added to the Fiera Multi-Manager Fund, which will benefit from the additional diversification. It will also be available as a stand-alone investment as of today.
"The launch of the Fiera Diversified Futures Fund is part of our global strategic objective to be an uncontested leader in alternative investment strategies that create value for our clients", said Jean-Guy Desjardins, Chairman, C.E.O. and C.I.O.
About Fiera Capital Corporation
Fiera Capital is a leading publicly traded, independent investment management firm. The Firm 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.