/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES
OR DISSEMINATION IN THE UNITED
STATES/
MONTREAL, Oct. 18, 2019 /CNW Telbec/ - Fiera Capital
Corporation (TSX: FSZ) ("Fiera Capital" or "the Firm"), a leading
independent asset management firm, today reported its preliminary
estimate of assets under management ("AUM") of approximately
C$166.1 billion as at September 30, 2019, an increase of C$16.6 billion, or 11.1%, compared to AUM of
C$149.5 billion as at June 30, 2019.
As at September 30, 2019, the
distribution of AUM by market is C$94.2
billion for Institutional, C$33.5
billion for Private Wealth, and C$38.4 billion for Retail.
|
|
|
|
|
(in C$
billions)
|
AUM as
at
|
Q-o-Q
Change
|
Y-o-Y
Change
|
|
Markets
|
September 30,
2019
|
June 30,
2019
|
September 30,
2018
|
(in
$B)
|
(%)
|
(in
$B)
|
(%)
|
|
Institutional
|
94.2
|
80.2
|
76.4
|
14.0
|
17.5%
|
17.8
|
23.3%
|
|
Private
Wealth
|
33.5
|
32.8
|
31.0
|
0.7
|
2.1%
|
2.5
|
8.1%
|
|
Retail
|
38.4
|
36.5
|
36.1
|
1.9
|
5.2%
|
2.3
|
6.4%
|
|
Total
|
166.1
|
149.5
|
143.5
|
16.6
|
11.1%
|
22.6
|
15.8%
|
The recently closed acquisitions of Foresters Asset Management
Inc., Integrated Asset Management Corp. and Natixis Investment
Managers Canada Corp. added C$11.2 billion, C$2.0 billion and C$1.8 billion in AUM, respectively. Of the
combined C$15.0 billion,
approximately C$13.2 billion was
attributed to the Institutional market and C$1.8 billion to the Retail market.
About Fiera Capital Corporation
Fiera Capital is a leading independent asset management firm
with approximately C$166.1 billion in
assets under management as of September 30,
2019. The Firm provides institutional, retail and private
wealth clients with access to full-service integrated money
management solutions across traditional and alternative asset
classes. Clients and their portfolios derive benefit from Fiera
Capital's depth of expertise, diversified offerings and outstanding
service. Fiera Capital trades under the ticker FSZ on the Toronto
Stock Exchange. www.fieracapital.com
In the U.S., asset management services are provided by the
Firm's U.S. affiliates who are investment advisers that are
registered with the U.S. Securities and Exchange Commission (SEC).
Registration with the SEC does not imply a certain level of skill
or training.
Additional information about Fiera Capital Corporation,
including the Firm's annual information form, is available on SEDAR
at www.sedar.com.
SOURCE Fiera Capital Corporation