“MONTREAL and NEW YORK, March 13, 2023 /CNW/ – Fiera Capital Corporation (“Fiera Capital” or the “Company”) (TSX: FSZ), a leading independent asset management firm today announced it has entered into a new strategic distribution partnership with New York Life Investments through its affiliates Fiera Capital Inc. (“FCI”), Fiera Comox Partners Inc. (“Fiera Comox”) and Fiera Capital (UK) Ltd. (“Fiera UK”).
This partnership establishes New York Life Investments, a well-recognized and respected global investment manager, as a distribution partner for Fiera Capital. The agreement contains certain exclusivity rights in the United States retail intermediary channel for various investment strategies managed by FCI, Fiera Comox and the Fiera UK Atlas Global Companies team. It will also expand the distribution of FCI’s Tax Efficient Fixed Income separately managed account (“SMA”) strategies, as well as its US Growth Equity team’s flagship Small-Mid Cap Growth and Small Cap Growth SMA strategies.
“As we continue to fortify our global distribution capabilities across public and private markets, I am excited to announce this new distribution partnership with New York Life Investments,” said Jean-Guy Desjardins, Chairman of the Board and Chief Executive Officer, Fiera Capital. “New York Life Investments’ unwavering dedication to providing their clients with meaningful investment outcomes and competitive performance through their multi-boutique model, is on par with our own passion for creating sustainable prosperity for our clients through the efficient allocation of capital.”
“We are thrilled to partner with Fiera Capital to significantly expand our SMA offerings for our clients. Fiera Capital is an attractive partner given their diversified investment platform across asset classes, depth of expertise, and commitment to delivering outstanding service, which underscore New York Life Investments’ core values,” said Jac McLean, Head of US Distribution for New York Life Investment Management. “We look forward to expanding this distribution partnership in the coming months and years.””
read the entire article
Fiera Capital 13 March 2023.