On June 20, 2016, Fiera Capital Corporation announced that it will sell its interest in Fiera Quantum Limited Partnership to Metric Asset Management Limited.
Specific terms of the agreement between Metric Asset Management Limited (“Metric”) and Fiera Capital Corporation (“Fiera Capital”) have not been disclosed, but the deal is expected to close around July 18, 2016.
Metric is a holding company controlled by Fiera Quantum Limited Partnership’s (“Fiera Quantum”) executive chairman, Jason Marks.
Fiera Capital is an asset management firm listed on the Toronto Stock Exchange. At March 31, 2016, Fiera Capital managed approximately CAD$96 billion in assets.
Fiera Quantum is a Toronto-based asset management firm that manages portfolios for high-net-worth, institutional and individual investors.
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