The Fiera Quantum Income Opportunities Fund announces a change of manager from Fiera Quantum Limited Partnership to Fiera Capital Corporation
The Fiera Quantum Income Opportunities Fund announces a change of manager from Fiera Quantum Limited Partnership to Fiera Capital Corporation
Canada NewsWire
TORONTO and MONTREAL, April 15, 2016
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TORONTO and MONTREAL, April 15, 2016 /CNW Telbec/ - Fiera Quantum Income Opportunities Fund (the "Fund"), announces that as of the date hereof, Fiera Quantum Limited Partnership ("FQLP"), has been replaced by Fiera Capital Corporation (TSX: FSZ) ("Fiera Capital") as the investment fund manager and portfolio manager of the Fund. As a result of this change, the Fund's name will be changed to "Fiera Capital Income Opportunities Fund". The Fund also announces that the sub-adviser agreement entered between FQLP and Fiera Capital on December 30, 2015, is being terminated because it is no longer required as a result of Fiera Capital becoming the investment fund manager and portfolio manager of the Fund.
These changes follow the transfer of the lead portfolio manager of the Fund, Angus Rogers, from FQLP to Fiera Capital. Angus Rogers will continue to be the lead portfolio manager of the Fund and will continue to draw upon Fiera Capital's broad portfolio management expertise and resources.
About Fiera Quantum Limited Partnership
FQLP is a Toronto-based asset management firm that strictly adheres to its proprietary strategies, systems and technologies, which are designed to deliver steady growth and manage volatility. While the processes to generate FQLP's consistent performance are complex, the benefits are simple: preservation of capital, low volatility, and absolute, risk-adjusted returns over the long term. As a subsidiary of Fiera Capital Corporation, one of Canada's leading investment managers with over CAD$100 billion in assets under management as at December 31, 2015, FQLP manages portfolios for institutional, high-net-worth and individual investors through investment funds and selected separately managed accounts. www.fieraquantum.com
About Fiera Capital Corporation
Fiera Capital Corporation is a leading North American independent asset management firm listed on the Toronto Stock Exchange. The Firm offers a wide range of traditional and alternative investment solutions, including depth and expertise in asset allocation. At December 31, 2015, the Firm had over CAD$100 billion in assets under management. The Firm delivers distinctive investment management capabilities to institutional, private wealth and retail clients in Canada. In the U.S., asset management services are provided by its U.S. affiliates, Bel Air Investment Advisors LLC and Fiera Capital Inc., which are investment advisers registered with the U.S. Securities and Exchange Commission (the "SEC"). Registration with the SEC does not imply a certain level of skill or training. www.fieracapital.com
SOURCE Fiera Capital Corporation
please contact: Daniel Richard, Vice President, Corporate Communications and Investor Relations, Fiera Capital Corporation, 514-954-6456, drichard@fieracapital.com; Marie-Claude Frenette, Advisor, Communications, Fiera Capital Corporation, 514-954-3784, mcfrenette@fieracapital.comCopyright CNW Group 2016