Global Equity Focused

Investment Approach

The Global Equity Focused Strategy affords the Global Equity Team increased latitude in creating a concentrated portfolio of their highest conviction ideas from across global developed and select emerging markets. Our expectations include returns with lower than market volatility, achieved by investing in companies we believe hold unique competitive advantages, operate with high barriers to entry and are able to consistently generate attractive returns on invested capital (ROIC) with little dependence on financial leverage.

Core Principles

  • Long-term investment approach emphasizing high quality, best of breed companies and consistency of performance
  • Broad universe of potential investment opportunities
  • Disciplined process from which our experienced team does not generally deviate
  • Rigorous research to develop deep knowledge of portfolio companies
  • Extremely high conviction, focused portfolio with diversified sources of alpha

PERFORMANCE*

Annual Returns as of June 30, 2017 (%)

  Q2-2017   YTD 2016 2015
Global Equity Focused composite, gross of fees 7.23 19.32 5.70 1.94
Global Equity Focused composite, net of fees 6.93 18.66 4.51 0.78
MSCI World ($US) 4.03 10.66 7.51 -0.87
Added Value, gross of fees 3.20 8.66 -1.81 2.81
Added Value, net of fees 2.90 8.00 -3.01 1.66

 

Annualized Returns as of June 30, 2017 (%)

  1 yr 2 yr Since Inception¹
Global Equity Focused composite, gross of fees 21.25 12.04 10.51
Global Equity Focused composite, net of fees 19.89 10.77 9.26
MSCI World ($US) 18.20 7.20 5.34
Added Value, gross of fees 3.05 4.84 5.17
Added Value, net of fees 1.69 3.58 3.92

¹Since inception: September 1, 2014

*Past performance is not a guarantee of future results. Inherent in any investment is the potential for loss. Gross performance results do not reflect the deduction of management fees or other expenses. Net performance results are calculated using the highest management fee in the fee schedule for the strategy, but do not reflect the deduction of custody fees. The actual management fees and expenses paid by an account may be higher or lower. Performance of the composite is provided for illustration purposes only and should not be construed as performance of a particular account. The performance results include the reinvestment of all dividends and capital gains. The accounts included in the composite reflect all accounts managed by the portfolio management team following this strategy, which currently includes accounts managed by the team for Fiera Capital Corporation clients only. Please refer to Important Disclosures for information regarding the participating affiliate arrangement, index comparisons, and other important information.

Senior Investment Team

Nadim Rizk, CFANadim Rizk, CFA

Senior Vice President and Lead Portfolio Manager, Global Equity

Nadim Rizk is a member of the Global Equity team and is the lead manager of the U.S., International and Global Equity strategies at Fiera Capital Corporation. In connection with the provision of investment advisory services to U.S. clients of Fiera Capital, Nadim acts under a participating affiliate arrangement between Fiera Capital Inc. and Fiera Capital Corporation. See Important Disclosures for information regarding this participating affiliate arrangement.

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Nadim has over 19 years of industry experience and joined Fiera Capital Corporation in 2009. Prior experiences include positions as Head of Global Equities, Lead manager for U.S. and Global equity portfolios, as well as Senior Global Research Analyst positions at some of Canada’s leading investment management firms.

Nadim graduated from the American University of Beirut with a Bachelor of Business Administration (BBA), majoring in Finance. He later obtained a Master of Business Administration (MBA) from McGill University and also obtained the Chartered Financial Analyst (CFA) designation.

In connection with the provision of investment advisory services to U.S. clients of Fiera Capital Inc., Nadim acts under a participating affiliate arrangement between Fiera Capital Corporation and Fiera Capital Inc. See Important Disclosures for information regarding this participating affiliate arrangement.

Andrew Chan, MScAndrew Chan, MSc

Vice President and Portfolio Manager, Global Equity

Andrew Chan is a member of the Global Equity team and is portfolio manager for the U.S., International and Global Equity strategies at Fiera Capital Corporation. In connection with the provision of investment advisory services to U.S. clients of Fiera Capital, Andrew acts under a participating affiliate arrangement between Fiera Capital Inc. and Fiera Capital Corporation. See Important Disclosures for information regarding this participating affiliate arrangement.

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Andrew has over 13 years of industry experience and joined Fiera Capital Corporation in 2009. Prior experiences include senior analyst positions for U.S. and global equities at leading investment management firms.

Andrew graduated from McGill University with a Bachelor of Commerce (BComm), majoring in Finance. He later obtained a Master of Science (M.Sc.) in Finance from HEC Montréal.

In connection with the provision of investment advisory services to U.S. clients of Fiera Capital Inc., Andrew acts under a participating affiliate arrangement between Fiera Capital Corporation and Fiera Capital Inc. See Important Disclosures for information regarding this participating affiliate arrangement.