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Fiera Capital and Fiera Investments sell retail mutual funds to Canoe Financial

Fasken
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Overview

Client

Fiera Capital

On June 26, 2020, Fiera Capital Corporation and its wholly-owned subsidiary, Fiera Investments LP, announced the closing of a transaction whereby Canoe Financial LP, a Canadian mutual fund company, has acquired the rights to manage the following Fiera Investments retail mutual funds:

  • Fiera Canadian Bond Fund
  • Loomis Sayles Global Diversified Corporate Bond Fund
  • Loomis Sayles Strategic Monthly Income Fund
  • Fiera Strategic Balanced Registered Fund
  • Fiera Intrinsic Balanced Registered Fund
  • Fiera Canadian Dividend Registered Fund
  • Fiera U.S. Dividend Registered Fund
  • Fiera Core Global Equity Registered Fund
  • Fiera Canadian Preferred Share Registered Fund
  • Oakmark U.S. Equity Registered Fund
  • Oakmark International Equity Registered Fund
  • Fiera Canadian Bond Class
  • Loomis Sayles Global Diversified Corporate Bond Class
  • Fiera Strategic Balanced Class
  • Fiera Intrinsic Balanced Class
  • Fiera Canadian Dividend Class
  • Fiera U.S. Dividend Class
  • Fiera Core Global Equity Class
  • Fiera Canadian Preferred Share Class
  • Oakmark U.S. Equity Class
  • Oakmark International Equity Class

Fiera Capital is a leading independent global asset management firm with approximately $158.1 billion in assets under management as of March 31, 2020. The Company provides institutional, retail and private wealth clients with access to full-service integrated money management solutions across traditional and alternative asset classes. Fiera Capital's depth of expertise, diversified investment platform and commitment to delivering outstanding service are core to our mission of being at the forefront of investment management science to create sustainable wealth for clients. Fiera Capital trades under the ticker FSZ on the Toronto Stock Exchange.

Fasken represented Fiera Capital Corporation and Fiera Investments LP with a team that included Jean Michel Lapierre, Frédérique Tremblay and Ralph Aziz (corporate/M&A), François Brais, Élise Renaud, Émilie Marceau, Marcelo Ciecha and Laurence Brien-Roch (investment management) and Alain Ranger (tax).

Team

  • Jean Michel Lapierre, Partner, Montréal, QC, +1 514 397 7579, jmlapierre@fasken.com
  • Ralph Aziz, Associate, Montréal, QC, +1 514 397 7491, raziz@fasken.com
  • François Brais, Partner | Managing Partner, Québec Region, Montréal, QC, +1 514 397 5161, fbrais@fasken.com
  • Élise Renaud, Partner | REGIONAL LEADER OF THE INVESTMENT PRODUCTS AND WEALTH MANAGEMENT GROUP, Montréal, QC, +1 514 397 7524, erenaud@fasken.com
  • Marcelo Ciecha, Partner, Montréal, QC, +1 514 397 7444, mciecha@fasken.com
  • Alain Ranger, Partner, Montréal, QC, +1 514 397 7555, aranger@fasken.com