Fiera Capital Corporation (Fiera) has been added as a sub-advisor for the SGMF Global Equity Fund and SGIF Global Select Equity Fund as of July 3, 2018. We believe that Fiera will deliver good implementation of the stability alpha source.

Addition of Fiera

What They Do

Fiera’s philosophy is longer-term-oriented and focused on purchasing high-quality businesses that can compound their returns on capital faster than the market, thus generating superior returns. While other investment managers share this philosophy, Fiera differentiates itself through a deeper focus on quality above standard balance-sheet ratios, and by its heavy scrutiny of a company’s position in the industry, resulting pricing power and management culture.

How They Do

It Fiera uses a global screening process and ranking methodology for its portfolio construction. Its portfolio is highly concentrated and constructed one stock at a time. Quality-driven portfolio construction is based on the evaluation of each company’s qualitative, valuation and growth characteristics. The initial investable universe for the strategy is 3,000 U.S. companies, which is whittled down to 450 companies using a quantitative screen. The resulting portfolio is comprised of between 25 and 40 stocks.

About Fiera

Founded in 2003, Montreal-based Fiera is an independent asset management firm. As at 31 March 2018, the firm had more than US$131 billion in assets under management