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
Duhamel will specifically oversee the investment management firm’s development outside of North America
Frederick Chenel will help the organization’s efforts to expand its member services and raise Montreal’s profile as a financial centre
The former head of Desjardins Group will advise senior management on the firm’s development and strategic planning