Fiera Capital to sub-advise global equity strategies for Russell Investments

Jan 09, 2014, 08:00 ET from Fiera Capital Corporation

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.

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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