Business
Fiera Capital Closes the Sale of its Retail Mutual Funds to Canoe Financial LP
Fiera Capital Closes the Sale of its Retail Mutual Funds to Canoe Financial LP Can...
About this update from Fiera Capital Corporation Class A
[{"type":"text","content":"\n\n\n\nFiera Capital Closes the Sale of its Retail Mutual Funds to Canoe Financial LP\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTREAL, Feb. 22, 2019\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/\n MONTREAL, Feb. 22, 2019 /CNW Telbec/ - Fiera Capital Corporation (TSX: FSZ) (\"Fiera Capital\" or the \"Company\") today announced that it has completed the closing of its previously announced transaction whereby Canoe Financial LP (\"Canoe\"), a Canadian mutual fund company, has acquired the rights to manage nine of the Company's retail mutual funds. The nine retail mutual funds (collectively referred to as the \"Fiera Capital Mutual Funds\") include:\nFiera Capital Diversified Bond Fund Fiera Capital Income and Growth Fund Fiera Capital High Income Fund Fiera Capital Core Canadian Equity Fund Fiera Capital Equity Growth Fund Fiera Capital U.S. Equity Fund Fiera Capital Global Equity Fund Fiera Capital International Equity Fund Fiera Capital Defensive Global Equity FundAs of today's date, Canoe has also acquired Fiera Capital's ownership interest in Fiera Capital Funds Inc., Fiera Capital's wholly owned subsidiary and registered mutual fund dealer.\nAs part of the transaction, Canoe has retained Fiera Capital to act as sub-advisor for:\nFiera Capital Global Equity Fund (renamed the Canoe Global Equity Fund) Fiera Capital Defensive Global Equity Fund (renamed the Canoe Defensive Global Equity Fund) Fiera Capital International Equity Fund (renamed the Canoe International Equity Fund) Fiera Capital Equity Growth Fund (renamed the Canoe Canadian Small Mid Cap Fund).There will be no change in the current portfolio management team for these four funds.\nFiera Capital will continue to manage its Canadian closed-end funds as well as its alternative strategies including the following funds:\nFiera Active Trading Fund Fiera Long/Short Equity Fund Fiera Capital Income Opportunities FundAbout Fiera Capital Corporation\nFiera Capital Corporation is a global independent asset ...