Fiera Capital completes acquisition of Natixis' Canadian operations
Fiera Capital Corporation, an asset management firm, announced on July 3 that it has completed the acquisition of all the issued and outstanding shares of Natixis Investment Managers Canada Corp., the holding company of Natixis Investment Managers Canada LP.
Natixis LP is based in Toronto and the value of the assets of the Natixis Funds amount to approximately C$1.8 billion as at March 31, 2019, says Fiera Capital, which added that "there are no immediate plans to change Natixis LP's senior management team, the investment objectives of the Natixis Funds, increase the management fees or operating expenses paid by the Natixis Funds or change the role of Natixis LP as investment fund manager of the Natixis Funds."
Funds will be rebranded
The company added that Natixis Corp, Natixis LP and the Natixis Funds will be rebranded as "Fiera Investments" in conjunction with closing.