Fiera Capital completes acquisition of Natixis' Canadian operations and funds

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR
DISSEMINATION IN THE UNITED STATES/

MONTREAL, July 3, 2019 /CNW Telbec/ - Fiera Capital Corporation ("Fiera Capital") (TSX: FSZ), a leading independent asset management firm, is pleased to announce that it completed today the acquisition of all the issued and outstanding shares of Natixis Investment Managers Canada Corp. ("Natixis Corp"), the holding company of Natixis Investment Managers Canada LP ("Natixis LP"), acting as investment fund manager of publicly and privately distributed investment funds (the "Natixis Funds").

Natixis LP is based in Toronto and the value of the assets of the Natixis Funds amount to approximately C$1.8 billion as at March 31, 2019. Natixis LP will continue to operate as a distinct legal entity from Fiera Capital and there are no immediate plans to change Natixis LP's senior management team, the investment objectives of the Natixis Funds, increase the management fees or operating expenses paid by the Natixis Funds or change the role of Natixis LP as investment fund manager of the Natixis Funds. Natixis Corp, Natixis LP and the Natixis Funds will be rebranded as "Fiera Investments" in conjunction with closing.

The acquisition relates to the long-term strategic partnership between Fiera Capital and Natixis Investment Managers S.A. announced on May 9, 2019, establishing Fiera Capital as Natixis Investment Managers S.A.'s preferred Canadian distribution platform.

About Fiera Capital Corporation

Fiera Capital is a leading independent asset management firm with approximately C$144.9 billion in assets under management as of March 31, 2019. The Firm provides institutional, retail and private wealth clients with access to full-service integrated money management solutions across traditional and alternative asset classes. Clients and their portfolios derive benefit from Fiera Capital's depth of expertise, diversified offerings and outstanding service. Fiera Capital trades under the ticker FSZ on the Toronto Stock Exchange. www.fieracapital.com 

In the U.S., asset management services are provided by the Firm's U.S. affiliates who are investment advisors that are registered with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not imply a certain level of skill or training.

Additional information about Fiera Capital Corporation, including the Firm's annual information form, is available on SEDAR at www.sedar.com.

About Natixis Investment Managers

Natixis Investment Managers serves financial professionals with more insightful ways to construct portfolios. Powered by the expertise of 25 specialized investment managers globally, we apply Active Thinking® to deliver proactive solutions that help clients pursue better outcomes in all markets. Natixis ranks among the world's largest asset management firms1 (U.S.$960.3 billion/€855.4 billion assets under management2). Headquartered in Paris and Boston, Natixis Investment Managers is a subsidiary of Natixis. For additional information, please visit the company's website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers.

Natixis Investment Managers includes all of the investment management and distribution entities affiliated with Natixis Distribution, L.P. and Natixis Investment Managers S.A.

 

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1

Cerulli Quantitative Update: Global Markets 2018 ranked Natixis Investment Managers as the 16th largest manager in the world based on assets under management as of December 31, 2017.

2

Net asset value as of March 31, 2019. Assets under management ("AUM"), as reported, may include notional assets, assets serviced, gross assets, assets of minority-owned affiliated entities and other types of non-regulatory AUM managed or serviced by firms affiliated with Natixis.

 

SOURCE Fiera Capital Corporation