MONTREAL, April 20, 2015 /CNW Telbec/ - Fiera Capital Corporation (TSX: FSZ) ("Fiera Capital" or "the Firm"), a leading independent Canadian investment firm, today reported its preliminary estimate of assets under management ("AUM") of $90.9 billion as at its first quarter ended March 31, 2015.
The distribution of AUM by clientele is comprised of $48.7 billion for the Institutional sector, $13.4 billion for Private Wealth, and $28.8 billion for the Retail segment.
These AUM numbers exclude the assets of the previously announced Samson Capital Advisor LLC acquisition, which stood at $9.5 billion as of March 31, 2015. Closing of this acquisition is expected in a few weeks, upon receipt of all customary regulatory approvals.
All figures are stated in Canadian dollars.
About Fiera Capital Corporation
Fiera Capital Corporation is a leading Canadian publicly-traded, independent investment firm. Fiera Capital is one of only a handful of full service, multi-product investment firms offering clients a proven top tier track record in Canadian and foreign equity and fixed income management as well as depth and expertise in asset allocation and non-traditional investments. In the U.S., asset management services are provided by Fiera Capital's U.S. subsidiaries, which operate under the banner Fiera Capital Global Asset Management serving institutional and private clients. Fiera Capital also owns Bel Air Investment Advisors LLC, a specialized U.S. wealth management advisory firm, which operates as a stand-alone entity.
Additional information relating to the Firm, including its Annual Information Form, is available on SEDAR at www.sedar.com.
SOURCE Fiera Capital Corporation
For further information: Mélanie Tardif, CPA, CMA, Vice President, Corporate Communications and Investor Relations, Fiera Capital Corporation, 514-954-6456, [email protected]