MONTREAL, QUEBEC, June 17, 2019 /CNW Telbec/ - Fiera
Infrastructure Inc. ("Fiera Infrastructure"), a leading global
mid-market direct infrastructure investor and an affiliate of Fiera
Capital Corporation (TSX: FSZ) ("Fiera Capital" or the "Company"),
a leading independent asset manager, is pleased to announce that,
as of June 3, 2019, it is a member of
Global Real Estate Sustainability Benchmark ("GRESB"), the ESG
("environmental, social and governance") benchmark for real assets.
GRESB assesses, scores and benchmarks ESG performance data in order
to provide standardized and validated data to the capital
markets.
In 2018, Fiera Infrastructure undertook an assessment of its ESG
processes and commitments, and identified GRESB as an emerging
global standard for infrastructure assets and fund managers to
benchmark ESG practices. GRESB also stood out as a tool to enhance
asset monitoring practices. The GRESB membership will require Fiera
Infrastructure to report on detailed ESG practices and performance,
which will then be benchmarked against global peers.
Fiera Infrastructure joins Fiera Properties, Fiera Capital's
dedicated real estate investment platform, in this partnership.
Fiera Properties has been a GRESB real estate fund manager
participant for three years and achieved a Green Star rating in
2018.1
"We are extremely pleased that both of our real asset
platforms, Fiera Infrastructure and Fiera Properties, observe
the standards put into place by GRESB," said John Valentini, President and Chief Executive
Officer, Fiera Private Alternative Investments. "Investors are
requesting additional transparency and GRESB aligns perfectly with
our values of being good corporate citizens and meeting client
expectations for socially responsible investing. What's more, the
relationship between the performance of underlying assets and ESG
investing is becoming increasingly evident."
"Becoming a member of GRESB marks a significant milestone for
Fiera Infrastructure as we take a significant step towards
leadership on ESG issues," said Alina
Osorio, President of Fiera Infrastructure. "ESG
considerations have always been top of mind in our investment
sourcing process and our investment in Cory Riverside Energy in the
United Kingdom is a great example. Being a GRESB
infrastructure fund manager member allows us to apply a single,
globally recognized ESG framework to all our real assets and we are
truly proud to announce our membership."
"Fiera Capital has long been committed to promoting ESG
factors and responsible investing and we are continually seeking to
do better," said Vincent
Duhamel, Global President and Chief Operating Officer.
"We have been a United Nations Principles for Responsible
Investment ("UN PRI") signatory since 2009. In 2018, we
improved our UN PRI assessment scores, earning an A+ grade as an
organization. We also created a new Global Corporate Social
Responsibility Committee, an important milestone that enables Fiera
Capital to better focus on CSR-related strategic initiatives across
the entire firm, and launched our Global Respect and Inclusion
Policy."2
More information on Fiera Infrastructure's investment in Cory
Riverside Energy is available here.
More information on Fiera Capital's commitment to corporate
social responsibility and responsible investing is available
here.
Ratings and Rankings
- Fiera Properties received a GRESB Green Star rating in 2018.
The GRESB Green Star designation is based on an organization's
absolute performance on the GRESB score, which is their overall
measure of ESG performance on a scale of 0-100. The score is
further divided into two dimensions: Management & Policy and
Implementation & Measurement. Entities with scores higher than
50 on both the Implementation & Measurement and the Management
& Policy dimensions are rated a "Green Star."
- Fiera Capital Corporation received an A+ grade on its UN PRI
Assessment for 2018. The A+ grade is the highest possible score and
was awarded to 23% of signatories in 2018. UN PRI signatories are
scored for each UN PRI principle and the scores are measured
against those of other investment managers that have signed the UN
PRI. PRI grades are based on information reported directly by PRI
signatories, of which investment managers totaled 1,120 for 2018.
All signatories are eligible to participate and must complete a
questionnaire to be included. The underlying information submitted
by signatories is not audited by the PRI or any other party acting
on its behalf. Signatories report on their responsible investment
activities by responding to asset-specific modules in the Reporting
Framework. The Assessment Report includes indicator scores –
summarizing the individual scores achieved and comparing them to
the median; section scores – grouping similar indicator scores
together into categories (e.g. policy, assurance, governance) and
comparing them to the median; module scores – aggregating all the
indicator scores within a module to assign one of six performance
bands (from E to A+).
Awards and rankings are historical and do not reflect the
experiences of any Fiera Capital clients. No award or ranking is
indicative of past or future performance. Third party rankings
and recognitions are no guarantee of future investment success and
do not ensure that a client or prospective client will experience a
higher level of performance or results. These ratings should not be
constructed as an endorsement of the advisor by any client nor are
they representative of any one client's evaluation.
General
This document is for information purposes only and does not
constitute an offering of any security, product, service or fund.
The information provided herein does not constitute investment
advice and it should not be relied on as such. Some of the
statements contained in this document are, or may be deemed to be,
"forward-looking statements". Forward-looking statements are not
guarantees of future performance.
Risks of Alternative Investments
Alternative investments are speculative and involve a great deal
of risk and are not suitable for all investors. No discussion with
respect to specific companies should be considered a recommendation
to purchase or sell any particular security/investment. The
companies discussed do not represent all past investments. It
should not be assumed that any of the investments discussed were or
will be profitable, or that recommendations or decisions made in
the future will be profitable.
Forward-Looking Information
This announcement contains forward-looking statements. These
statements relate to future events and reflect management's
expectations or beliefs regarding such future events, based on
information currently available to management of Fiera Capital and
its affiliates. In some cases, forward-looking statements can be
identified by terminology such as "may", "will", "plans",
"believes", "expects", "aims", "intends", "anticipates",
"estimates", "projects" or words or terms of similar substance or
the negative thereof.
The forward-looking statements are based on estimates and
assumptions made by the management of Fiera Capital and its
affiliates as at the date the statements are made.
By their very nature, forward-looking statements involve
inherent risks and uncertainties, both general and specific, and a
number of factors could cause actual events or results to differ
materially from the results discussed in the forward-looking
statements. 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 and the nature of the financial services
industry. These forward-looking statements are made as of the date
of this document and neither Fiera Capital nor any of its
affiliates assume any obligation to update or revise them to
reflect new events or circumstances.
About Fiera Infrastructure
Fiera Infrastructure is a leading global mid-market direct
infrastructure investor operating across all subsectors of the
infrastructure asset class. Led by a team of highly experienced and
specialized professionals, the firm leverages strong global
relationships, with a local presence in Toronto, London and New
York. Its rigorous approach to investment and asset
management aligns with its long-term approach. Fiera Infrastructure
has assets under management and commitments of C$1.6 billion, including an active interest in 27
infrastructure assets as of March 31, 2019.
www.fierainfrastructure.com
About Fiera Properties Limited
Fiera Properties is a leading Canadian real estate investment
management firm that provides direct real estate investment
opportunities to institutional investors, foundation and endowment
clients, and high net worth investors.
As at March 31, 2019, Fiera
Properties had C$3.5 billion of
assets under management. Through direct investment in exceptional
real estate across Canada, Fiera
Properties offers strategies that seek to produce stable, growing
income as well as capital appreciation. Strategies are comprised of
institutional-grade retail, office, industrial and
multi-residential properties in all major markets in Canada.
For further information, including information about real estate
assets the firm has invested in, please visit
www.fieraproperties.com.
This release is for informational purposes only and does not
constitute an offer or solicitation to buy securities of any
entity.
About Fiera Capital Corporation
Fiera Capital is a leading independent asset management firm
with approximately C$144.9 billion in
assets under management as of March 31,
2019. The firm provides 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. www.fieracapital.com
In the U.S., asset management services are provided by the
firm's U.S. affiliates who are investment advisers that are
registered with the U.S. Securities and Exchange Commission (SEC).
Registration with the SEC does not imply a certain level of skill
or training.
Additional information about Fiera Capital Corporation,
including the Firm's annual information form, is available on SEDAR
at www.sedar.com.
Mariem Elsayed, Director,
Investor Relations and Public Affairs, Fiera Capital Corporation,
514 954-6619, melsayed@fieracapital.com