Fiera Capital confirms portfolio management changes for strategic income allocation fund and SIA Trust Français
TORONTO and MONTREAL, Dec. 2, 2014 /CNW Telbec/ - Fiera Capital Corporation ("Fiera Capital"), as manager of the Strategic Income Allocation Fund (the "SIA Fund") and the SIA Trust (together with the SIA Fund, the "Funds") announced that it has assumed responsibility for portfolio management of these funds effective December 1, 2014 following the termination of the portfolio management agreements entered into with Aston Hill Asset Management Inc. as previously announced September 29, 2014.
As of November 28, 2014, the total net asset value of the SIA Fund was $23.6 million.
Forward-Looking Statements
This press release may contain forward-looking statements and information within the meaning of applicable securities legislation. In some cases, forward-looking statements can be identified by the expressions "seek", "expect", "believe", "estimate", "will", "target", "may", "should", "plan", "anticipate", "predict", "potential", "continue", "intend" or the negative of these terms, or other comparable terminology. The forward-looking statements are not historical facts but reflect the current expectations of Fiera Capital and the portfolio managers of the underlying portfolios regarding future results and events and are based on information currently available to them. Certain material factors and assumptions were applied in providing these forward-looking statements. All forward-looking statements in this press release are qualified by these cautionary statements. Fiera Capital believes that the expectations reflected in forward-looking statements are based upon reasonable assumptions; however. Fiera Capital can give no assurance that the actual results or developments will be realized. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, a forward-looking statement speaks only as of the date on which such statement is made. Fiera Capital undertakes no obligation to publicly update any such statement or to reflect new information or the occurrence of future events or circumstances except as required by securities laws. These forward-looking statements are made as of the date of this press release.
About Fiera Capital Corporation
Fiera Capital Corporation is a leading publicly traded, independent investment firm, with close to $85 billion in assets under management. Fiera Capital is one of only a handful of full service, multi-product investment firms in Canada, offering clients a proven top tier track record in Canadian and foreign equity and fixed income management as well as depth and expertise in asset allocation and non-traditional investments. www.fieracapital.com
Additional information relating to Fiera Capital, including Fiera Capital's annual information form, is on SEDAR at www.sedar.com.
SOURCE: Fiera Capital Corporation
Mélanie Tardif, CPA, CMA, Director, Corporate Communications and Investor Relations, (514) 954-6456, [email protected]
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