Fiera Capital Reports Q3 AUM Decline
Fiera Capital reported preliminary assets under management (AUM) of CAD 151.4 billion as of September 30, a decrease from CAD 163.5 billion at the end of June and CAD 166.9 billion in the same period last year. The firm experienced a quarterly decline of CAD 12.1 billion, representing a 7.4% drop quarter-over-quarter (Q/Q) and a 9.3% decrease year-over-year (Y/Y). This reduction reflects market volatility or outflows during Q3. The AUM figures highlight the challenges Fiera Capital faces in maintaining asset growth amid shifting investor sentiment or broader economic conditions affecting its portfolio performance.
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