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Slide #36. Fiera Capital Corporation — UBS Global AM's Canadian fixed income, Canadian equity and domestic balanced account business
Fiera Capital Corporation (TSE:FSZ.CA)
UBS Global AM's Canadian fixed income, Canadian equity and domestic balanced account business
Fiera Capital Corporation announced that it has reached an agreement with UBS Global Asset Management (Canada) Inc. ("UBS Global AM"), to purchase UBS Global AM's Canadian fixed income, Canadian equity and domestic balanced account business representing assets under management of approximately $8 billion for a cash consideration of $52 million, subject to certain adjustments.
Fiera Sceptre is engaged in the provision of investment management services in Canada. Co. offers multi-style investment solutions through diversified investment strategies to institutional investors, private wealth clients and retail investors. In addition to managing its clients' accounts on a segregated basis, Co. uses over 40 pooled funds and sections thereof to manage specialized asset classes and to combine the assets of smaller clients for investing efficiencies.
Open the FSZ.CA Page at The Online Investor »