Fiera Capital Corp.said April 6 that it is expanding its distribution reach in the U.K. and selectEuropean markets through a partnership with Bedrock Asset Management Ltd., a Europeanwealth manager and advisory firm.
Under the exclusive agreement, Fiera Capital is partnering withBedrock in the launch of a long-only global equity fund, the 20 UGS (UCITS) FundsFiera Global Equity, for which Fiera Capital will act as investment manager. Thestrategy will be available to Bedrock clients, through a Luxembourg-based collectiveinvestment fund, initially expected to be distributed in Europe.
Also under the partnership, Fiera Capital will access Bedrock'sUCITS platform, the 20UGS Fund, enabling distribution of Fiera Capital's globalequity capabilities to the European institutional market, commencing in March 2016.