TORONTO, Sept. 1 /CNW Telbec/ - Fiera Sceptre Inc. (TSX: FSZ) announced its appointment effective today as sponsor and manager of the Fiera High Income Trust (the "Trust") (TSX: HIT.UN), a closed end investment trust listed on the Toronto Stock Exchange ("TSX"). The appointment was carried out in compliance with the provisions of the agreements pertaining to the Trust and of all applicable laws and regulations.
Fiera Sceptre Inc. was created following the combination of the businesses of Sceptre Investment Counsel Limited and Fiera Capital Inc. pursuant to a previously announced statutory plan of arrangement which closed today. Jean-Guy Desjardins, controlling shareholder of Fiera Capital, is now the Chairman, Chief Executive Officer and Chief Investment Officer of Fiera Sceptre, and is its controlling shareholder. Sylvain Brosseau is the President and Chief Operating Officer of Fiera Sceptre and David Pennycook is Vice-Chairman and Executive Vice-President.
Fiera Sceptre Inc.
Fiera Sceptre Inc. is a leading publicly traded, independent money manager with approximately $30 billion in assets under management. Fiera Sceptre Inc. is one of only a handful of full service, multiproduct 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.