CDPQ Allocates C$600 Million to Quebec's Fiera Capital
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Trevor Abes of Stockhouse reports pension manager CDPQ parks C$600M with Quebec's Fiera Capital: Caisse de dépôt et placement du Québec, the province’s most prominent pension manager, has invested C$600 million with Fiera Capital (TSX:FSZ), a leading Quebec asset management firm The allocation is part of CDPQ’s ambition, announced in 2023, to more than double its allocation to Quebec asset managers to C$8 billion by 2028 Fiera Capital, assets under management C$165.2 billion, delivers customized and multi-asset solutions across public and private markets to clients in North America, Europe and Asia Fiera Capital stock has added 25.38 per cent year-over-year, but has given back 25.79 per cent since 2019 Caisse de dépôt et placement du Québec (CDPQ), the province’s most prominent pension manager, has invested C$600 million with Fiera Capital (TSX:FSZ) , a leading Quebec asset management firm. Fiera will invest the capital in international expansion through its active an