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Fiera Capital Corp T.FSZ

Alternate Symbol(s):  T.FSZ.DB.B | FRRPF

Fiera Capital Corporation is a Canada-based independent asset management company. The Company delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients across North America, Europe and Asia. It offers a range of traditional and non-traditional investment strategies through specialized and balanced mandates. It works with endowments, foundations, corporations, private and public funds and Taft-Hartley plans. Its institutional solutions include fixed income, equity and non-traditional. Its fixed income solutions include Canadian Active, Canadian Credit, Core Plus, Infrastructure Debt and North American High Yield. The Company's portfolio managers work directly with clients and their financial intermediaries, attorneys and accountants to design custom portfolios. Its private markets solution categories include real estate, infrastructure, agriculture, private equity and private credit.


TSX:FSZ - Post by User

Comment by sergio2goon Apr 24, 2024 1:02pm
178 Views
Post# 36005367

RE:FIERA HOLDINGS RECEIVES SALE NOTICE FROM DESJARDINS

RE:FIERA HOLDINGS RECEIVES SALE NOTICE FROM DESJARDINSDesjardins owned 6.9% of Fiera stocks. This represent 50 M at current market price. At those levels, I don't think that Desjardins was a possible buyer of total assets of Fiera. On the other hand, do we know the price that will be negociated, if there is a possible negociation. That being said, 50 M for Desjardins is a drop off the bucket which may indicated that Desjardins dropped the towell for a possible recovery of Fiera. If this is the case, that would be a devastating blow to the stock and their shares holders. 
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