Strategy
UK-Based Charlemagne Capital Rebrands After Acquisition
In conjunction with the rebrand, the firm has also launched two new strategies within its UCITS platform.
Financial planning firm Charlemagne Capital is now operating
under the Fiera
Capital brand name, after it was acquired by Fiera, the
Montreal-based independent asset management company, in December
2016.
The firm forms the basis of Fiera Capital’s European division,
the firm said in a statement.
Headquartered in London, Fiera Capital's European division
(formally Charlemagne Capital) is an asset manager specialising
in frontier and emerging market asset classes with operations in
the Isle of Man and a branch office in Germany.
In conjunction with the rebrand of Charlemagne, Fiera Capital has
also launched two new strategies within its UCITS platform:
the Fiera Capital Global Equity Fund and the Fiera Capital US
Equity Fund.
The funds will be launched as part of the Magna Umbrella Funds,
Fiera Capital's own Irish domiciled UCITs funds. The strategies
will focus on high-quality companies with consistent
performance.
They will be available on the following platforms: Hargreaves
Landsdowne, Cofunds, Novia, Transact, Standard Life, Allfunds,
and Zurich.
Fiera Capital will be launching further strategies within this
UCITS platform, as it looks to introduce more of its North
American strategies to the European market.
"The name change is the final piece of the puzzle in the
integration with the global Fiera Capital team,” said Jayne
Sutcliffe, president and chief executive of Fiera Capital,
European division. “We are also delighted to see that our new
ownership structure has allowed Charlemagne to move our
distribution beyond our traditional emerging and frontier market
focus, with the launch of two new Funds, as well as enabling us
to benefit from the enhanced operational, financial and
distribution capabilities of the wider group."
Since the acquisition, assets under management for Charlemagne
Capital have increased by 34 per cent to $3 billion and Fiera
Capital Corporation assets now stand at $100 billion.