Fiera Capital to buy Asset Manager

The entire portfolio management team from Foresters Asset Management will join Fiera Capital in the firm's Toronto office, Mr. Richard said.


Natixis takes 11% stake in Canadian manager

The deal will also see Natixis Investment Managers CEO Jean Raby joining the board of Fiera Capital while the Canadian manager will repurchase for cancellation 2.45 million Fiera Class A shares from National Bank of Canada.