MONTREAL, Jan. 9, 2014 /PRNewswire/ - Fiera Capital Corporation (TSX: FSZ) ("Fiera" or "the Firm"), a leading Canadian investment management firm, has been selected by Russell Investments Canada Limited and U.K. based Russell Investments Company II PLC to respectively sub-advise the recently launched Russell Focused Global Equity Pool and the existing Russell Global Defensive Equity Fund.
Headquartered in Seattle, USA, Russell Investments ("Russell") is a global asset manager working with over 2,500 institutional clients, independent distribution partners and individual investors globally. Russell has more than C$253.7 billion in assets under management.
Fiera Capital is the first Quebec-based asset manager on a Canadian Russell platform as well as the first Canadian firm tapped to manage one of Russell's global equity investment strategies on its Canadian platform. As one of three global stock specialists selected to sub-advise the new Focused Global Equity Pool, Fiera intends to pursue a long-term investment approach focused on identifying high quality, well-run businesses.
"We are thrilled to associate with Russell, a partner with such prominence and worldwide recognition. We are also pleased that this strategic alliance with Russell will enhance Fiera's distribution capabilities and market reach by providing access to a global investment platform," said Jean-Guy Desjardins, Chairman, and C.E.O. of Fiera Capital.
This partnership follows Fiera's growing institutional footprint in the U.S, in addition to the acquisitions of two prominent wealth management firms, based in Los Angeles and New York City respectively, on October 31, 2013.
This document may contain certain forward-looking statements. These statements relate to future events or future performance, and reflect management's expectations or beliefs regarding future events, including business and economic conditions and Fiera Capital's growth, results of operations, performance and business prospects and opportunities. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential", "continue", "target", "intend" or the negative of these terms, or other comparable terminology.
By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and a number of factors could cause actual events or results to differ materially from the results discussed in the forward-looking statements. In evaluating these statements, readers should specifically consider various factors that may cause actual results to differ materially from any forward-looking statement.
These factors include, but are not limited to, market and general economic conditions, the nature of the financial services industry, and the risks and uncertainties detailed from time to time in Fiera Capital's interim and annual consolidated financial statements, and its Annual Report and Annual Information Form filed on www.sedar.com. These forward-looking statements are made as of the date of this document, and Fiera Capital assumes no obligation to update or revise them to reflect new events or circumstances.
About Fiera Capital Corporation
Fiera Capital is a leading publicly traded, independent investment management firm. The Firm is one of only a handful of full service, multi-product investment firms in Canada, offering clients a proven top tier track record in equity and fixed income management as well as depth and expertise in asset allocation and alternative investments.
SOURCE Fiera Capital Corporation