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Fiera Capital completes acquisition of Natixis' Canadian operations and funds
Fiera Capital completes acquisition of Natixis' Canadian operations and funds Cana...
About this update from Fiera Capital Corporation Class A
[{"type":"text","content":"\n\n\n\nFiera Capital completes acquisition of Natixis' Canadian operations and funds\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.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnbcc{\nBORDER-TOP:0pt solid; BORDER-RIGHT:0pt solid; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt solid; BORDER-LEFT:0pt solid\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTREAL, July 3, 2019\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES ORDISSEMINATION IN THE UNITED STATES/\n 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\"). \nNatixis 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.\nThe 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.\nAbout Fiera Capital Corporation\nFiera Capital is a leading independe...