Fiera Capital Announces Preliminary Results Showing Decrease in AUM
Monday, 22 July 2024, 21:42
Fiera Capital Reports AUM Results
Fiera Capital Corporation has reported a significant downturn in its financial standing.
Key Highlights
- 3.8% decrease in assets under management (AUM).
- Current AUM stands at C$158.9 billion.
- Net outflows primarily affecting the Canadian segment.
Market Context
The decrease in AUM reflects broader challenges in the asset management sector, emphasizing the need for firms to adapt to changing market conditions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.