LONDON, October 16, 2018 /PRNewswire/ --
Fiera Capital Corporation (TSX: FSZ)
("Fiera Capital" or the "Firm"), a leading independent investment
management firm, has announced today the appointment of
Kanesh Lakhani as Chief Executive
Officer, European Division, effective October 16, 2018.
Based in London, Mr. Lakhani
will be responsible for the development and implementation of the
Firm's overall strategy, new initiatives, hiring, and the firm's
sales and business development activities in Europe. Mr. Lakhani succeeds Jayne Sutcliffe, President and Chief Executive
Officer, European Division of Fiera Capital, and previously of
Charlemagne Capital, who oversaw the successful acquisition by
Fiera Capital at the end of 2016.
Prior to joining Fiera Capital, Mr. Lakhani was Managing
Director, EMEA and Asia Distribution
at First State Investments for over seven years. He was responsible
for defining the global strategy, developing new product ideas and
setting sales priorities in conjunction with the Operating Group,
as well as leading the EMEA and Asia (including Japan) institutional and wholesale business.
Before joining First State Investments, Mr. Lakhani spent almost 14
years at State Street Global Advisors, latterly as a Senior
Managing Director and Head of the UK and Middle East Business.
Prior to this, he held senior roles at Barclays Global Investors
and Russell.
Kanesh Lakhani, President and
Chief Executive Officer, European Division, said: "I am
delighted to join a firm that has ambitious plans to grow its
presence and offering in Europe.
Fiera Capital has a range of outstanding investment strategies and
is constantly looking to improve upon and add to those. With a fast
changing investment landscape, I look forward to working with Fiera
Capital's exceptional investment teams to deepen its reach,
reputation and brand over the coming years."
Vincent Duhamel, Global
President and Chief Operating Officer of Fiera Capital,
commented: "Kanesh's global financial experience as a senior
executive at major investment firms makes him a perfect candidate
to take over as the European CEO of Fiera Capital. He brings a
wealth of experience and approach that complements our management
team in Europe and we are
delighted to welcome him. I would also like to thank Jayne Sutcliffe for all her hard work and
commitment to the company over these years. Jayne was instrumental
in effecting the orderly acquisition of Charlemagne Capital by
Fiera Capital and we wish her all the best for the future."
The appointment is subject to relevant regulatory approval.
Forward-Looking Statements
This document may contain certain forward-looking statements.
These statements relate to future events or future performance.
Such forward-looking statements reflect management's current
beliefs and are based on information currently available to
management. In some cases, forward-looking statements can be
identified by terminology such as "may", "will", "should",
"expect", "plan", "anticipate", "believe", "estimate", "predict",
"potential", "continue", "target", "intend" or the negative of
these terms, or other comparable terminology. By their very nature,
forward-looking statements involve inherent risks and uncertainties
and a number of factors could cause actual events or results to
differ materially. In evaluating these statements, readers should
specifically consider various factors that may cause actual results
to differ materially from any forward-looking statement. These
factors include, but are not limited to, market and general
economic conditions, the nature of the financial services industry,
and the risks and uncertainties detailed from time to time in Fiera
Capital's interim condensed and annual consolidated financial
statements, and its latest Annual Report and Annual Information
Form filed on SEDAR at http://www.sedar.com. These forward-looking
statements are made as of the date of this document, and Fiera
Capital assumes no obligation to update or revise them to reflect
new events or circumstances.
About Fiera Capital Corporation
Fiera Capital is a leading independent asset management firm
with approximately C$139.4 billion in
assets under management as of June 30,
2018. Through its affiliates, the Firm can provide
institutional, retail and private wealth clients with access to
full-service integrated money management solutions across
traditional and alternative asset classes. Clients and their
portfolios derive benefit from Fiera Capital's depth of expertise,
diversified offerings and outstanding service. Fiera Capital trades
under the ticker FSZ on the Toronto Stock Exchange.
In the U.S., asset management services are provided by the
Firm's U.S. affiliates, Bel Air Investment Advisors LLC and Fiera
Capital Inc., investment advisers that are registered with the U.S.
Securities and Exchange Commission (SEC). Further, Fiera Capital
(UK) Limited and Fiera Capital (IOM) Limited are both registered as
investment advisers with the SEC. Fiera Capital (UK) Limited is
authorized and regulated by the Financial Conduct Authority in the
United Kingdom and Fiera Capital
(IOM) Limited is licensed by the Isle of Man Financial Services
Authority. Registration with the SEC does not imply a certain level
of skill or training. Additional information about Fiera Capital
Corporation is available at http://www.fieracapital.com and on
SEDAR at http://www.sedar.com.
Daniel Richard
Senior Vice-President
Global Human Resources and Corporate Communications
Fiera Capital Corporation
514-954-6456
drichard@fieracapital.com
Media contacts:
Ged Brumby
Smithfield
+44-20-3047-2527
gbrumby@smithfieldgroup.com
Emily Cullen, Smithfield
+44-20-3047-2530
ecullen@smithfieldgroup.com