MONTREAL, Oct. 23, 2014 /CNW Telbec/ - Fiera Capital, one of Canada's leading asset managers, is pleased to announce that it received four awards at the Canadian Hedge Fund Awards, held Tuesday evening in Toronto. Jean-Philippe Choquette, Vice President and Senior Portfolio Manager at Fiera Capital, and his team were honoured in the Market Neutral category ranking second and third for best 1-year return, best 5-year return and best 5-year Sharpe ratio, outlining the superior investment performance of the Fiera Market Neutral Equity Fund, for which he is the strategist and manager.
The Canadian Hedge Fund Awards, presented for the seventh straight year, celebrate excellence and achievement in the hedge fund industry and are intended to raise investor awareness of this expertise. The Fiera Market Neutral Equity Fund excelled by generating returns of 10.27% for one year (Class F, net of all fees and expenses).
"Fiera Capital is honoured to be recognized Canada-wide for the excellence of its alternative products," said Sylvain Roy, Chief Investment Officer and Executive Vice President, Alternative Strategies. "Alternative investment strategies can enhance investor portfolios, because they offer effective diversification and superior absolute returns."
Since the launch of Fiera Capital's first alternative strategy in 2007, the demand for this type of innovative solution has grown exponentially. Today, the firm offers a complete range of alternative investment strategies, whose total assets under management exceed $4 billion. This includes assets managed by its partners, Fiera Axium Infrastructure, Fiera Properties, and Fiera Quantum, which play a crucial role in the alternative product offering.
About Fiera Capital
Fiera Capital is a leading publicly-traded, independent investment firm with more than $85 billion in assets under management. The firm is one of only a handful of investment companies in Canada offering a full range of equity and fixed-income management products and services, as well as extensive expertise in asset allocation and alternative-investment strategies. For more details, please visit www.fieracapital.com.
SOURCE Fiera Capital Corporation
Mélanie Tardif, CPA, CMA, Director, Corporate Communications and Investor Relations, Fiera Capital Corporation, 514-954-6456, mtardif@fieracapital.comCopyright CNW Group 2014