MONTREAL, July 21, 2016 /CNW Telbec/ - Fiera Capital Corporation (TSX: FSZ) ("Fiera Capital" or "the Firm"), a leading independent asset management firm, today reported its preliminary estimate of assets under management ("AUM") of $109.1 billion as at June 30, 2016.
The distribution of AUM by clientele is comprised of $53.1 billion for the Institutional sector, $23.2 billion for Private Wealth, and $32.8 billion for the Retail segment.
Compared to March 31, 2016, the increase in AUM is mainly attributable to the inclusion of Apex Capital Management Inc. and market performance.
About Fiera Capital Corporation
Fiera Capital Corporation is a leading North American independent asset management firm listed on the Toronto Stock Exchange. The Firm offers a wide range of traditional and alternative investment solutions, including depth and expertise in asset allocation. At June 30, 2016,
Fiera Capital had more than CAD$109 billion in assets under management. The Firm delivers distinctive investment management capabilities to institutional, private wealth and retail clients in Canada. In the U.S., asset management services are provided by its U.S. affiliates, Bel Air Investment Advisors LLC and Fiera Capital Inc. which are investment advisers registered with the U.S. Securities and Exchange Commission (the "SEC"). Registration with the SEC does not imply a certain level of skill or training. www.fieracapital.com
Additional information relating to the Firm, including the Firm's annual information form, is on SEDAR at www.sedar.com.
SOURCE Fiera Capital Corporation