The ETF invests primarily in the fixed- and floating-rate debt securities of emerging-markets issuers
The late 2020 or early 2021 downturn will be “relatively mild”
The deal boosts Fiera’s total AUM to more than $136 billion and makes it a “competitive force” in the HNW market
The deal will provide Fiera with the critical mass necessary “to be a competitive force” in the HNW market
The assets of Hong Kong-based Clearwater Capital Partners will be added to Fiera’ private alternative investments division
New management fees range from 0.75% to 0.77%
City National Rochdale Emerging Markets Fund invests in quality companies in emerging markets
The open-ended fund will invest in mortgages secured by high-quality commercial real estate
The changes include lower management fees, new names for several funds and a new currency hedged series
Each senior fixed income professional brings approximately 25 years of industry experience to the role