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Fiera Sceptre Agrees to Acquire Natcan

Date: Monday, February 27, 2012
Author: News Release - Fiera Sceptre

Fiera Sceptre transaction will increase AUM to $54B

News Release
We are excited to advise you that earlier today Fiera Sceptre announced the acquisition of the business of NATCAN Investment Management, a subsidiary of the National Bank of Canada. As a result, upon closing of the transaction Fiera Sceptre will have assets under management of approximately $54 billion.

Most importantly for you and your clients, each of the talented and experienced investment teams that manage our alternative and mutual funds remain intact, and will continue to manage these funds after closing. In addition, Mr. Jean-Guy Desjardins will remain the controlling shareholder of Fiera, and will continue to lead the organization as Chairman, Chief Executive officer and Chief Investment Officer.

Longer term, this transaction will benefit you and your clients in several ways. First, the integration of Natcan will allow Fiera to broaden its product offerings, particularly in the area of income and yield generating strategies.

Second, the acquisition of the business of Natcan brings additional scale to our firm, a necessity in today’s competitive environment for the multi-asset class manager seeking to exceed client expectations. In other words, Fiera will now benefit from additional resources required to invest in unrivaled product development, superior client service and the deployment of new technologies.

We remain focused on service and investment performance and we will continue to make every effort to exceed your expectations.

We are grateful for your continued confidence and support and look forward to strengthening our partnership with you going forward.

For further information, please click here to read the full press release or contact us directly.