Northwire Canada EditionSaturday, October 17, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
Management Routine +

FIERA CAPITAL CORPORATION ANNOUNCES RETURN OF MAXIME MENARD AS GLOBAL PRESIDENT AND CEO

Leadership Stability Restored as CEO Returns from Leave Amidst AUM Contraction

By The Northwire Desk — AI Analysis Apr 29, 2026 · 06:00 FSZ · 5.52 FIERA CAPITAL CORPORATION CLASS 'A' SV
Executive Summary
  • Maxime Ménard has returned to his role as Global President and Chief Executive Officer of Fiera Capital Corporation, effective April 29, 2026.
  • The return follows a medical leave of absence taken by Mr. Ménard.
  • Gabriel Castiglio served as Interim Global CEO during the leave and is transitioning back to his role as Executive Director, Global Chief Operating Officer.
  • Jean-Guy Desjardins, Founder and Executive Chair, expressed confidence in Maxime's leadership and thanked Gabriel for stewardship during the interim period.
  • This announcement follows preliminary AUM data released on April 23, 2026, showing a decline to $160.2 billion (-2.4% QoQ).
Material Impact
  • The return of the founding CEO is positive for governance stability but does not constitute a material change in business strategy or financial outlook immediately.
  • Leadership continuity removes uncertainty regarding the interim period, which was likely priced into the stock given the steady performance during Gabriel Castiglio's tenure.
  • The news is incremental relative to the broader context of AUM contraction (-2.4% QoQ) and market volatility reported in April 2026.
  • No new capital raises, M&A activity, or strategic pivots are announced alongside this personnel change.
  • The rating reflects a stabilization of management risk rather than an operational breakthrough.
FSZ · Price
Company Overview
  • Fiera Capital Corporation is a Canadian asset management firm providing investment solutions across public and private markets.
  • Flagship Business Model: Fee-based asset management (Public Markets, Private Markets) and infrastructure debt financing.
  • Key Segments: Institutional ($92.7B), Financial Intermediaries ($54.5B), Private Wealth ($13.0B).
  • Recent Strategic Focus: Expansion in Private Markets and Infrastructure Debt (e.g., Starlight solar portfolio financing).
  • Corporate Structure: Holding company for Fiera Capital Inc. and related subsidiaries; listed on TSX under ticker FSZ.
Read the original news release →

More from FIERA CAPITAL CORPORATION CLASS 'A' SV

May 08, 2026 · 07:30

Fiera Capital’s AUM slide and surging debt costs cast a shadow over near-term growth

Earnings May 04, 2026 · 06:00

Fiera Capital Secures Long-Term Liquidity at Higher Cost Amidst AUM Contraction

Financings Apr 23, 2026 · 17:30

Fiera Capital AUM Contracts Amid Public Market Outflows; Earnings Awaited

Earnings Feb 26, 2026 · 07:30

Fiera Capital Reports Fourth Quarter 2025 Results

Earnings Feb 24, 2026 · 19:07

Fiera Infrastructure closes financing for Starlight

Financings Feb 24, 2026 · 09:00

Fiera Infrastructure Private Debt Provides Additional Development Capital Financing to Starlight

Financings