Raymond Laurin - Fiera Capital Independent Director

FSZ Stock  CAD 9.83  0.03  0.30%   

Director

Mr. Raymond Laurin is Independent Director of Fiera Capital Corporationrationration. He has served Desjardins Group in various key capacities for 32 years, helping to bolster the organizations financial strength and shape it into Canadas leading financial cooperative. He was named chief financial officer of Desjardins Group in May 2008 and one year later, was appointed senior vicepresident, Finance and Treasury and chief financial officer of Desjardins Group. In addition, he served as functional manager of the Desjardins Group Audit and Inspection Commission, the Fonds de scurit Desjardins, and of the Desjardins Group Pension Plan and its Board of Birectors, investment committee, and audit, ethics and compliance committees. In May 2011, he was awarded the prestigious title of Fellow of the Ordre des comptables agrs du Qubec in recognition of his distinguished career as a chartered accountant. Mr. Laurin was appointed senior vicepresident and strategic advisor to Desjardins Group management and the Federation in May 2012. In this capacity, he worked hand in hand with his successor to the position of CFO to ensure a smooth transition and also took on various strategic assignments at the behest of Desjardins top management. He retired from Desjardins Group in January 2013. since 2013.
Tenure 11 years
Phone514-954-3300
Webhttps://www.fieracapital.com

Fiera Capital Management Efficiency

The company has return on total asset (ROA) of 0.0788 % which means that it generated a profit of $0.0788 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2447 %, meaning that it generated $0.2447 on every $100 dollars invested by stockholders. Fiera Capital's management efficiency ratios could be used to measure how well Fiera Capital manages its routine affairs as well as how well it operates its assets and liabilities.
Fiera Capital has accumulated 732.54 M in total debt with debt to equity ratio (D/E) of 1.58, which is about average as compared to similar companies. Fiera Capital has a current ratio of 1.34, which is within standard range for the sector. Debt can assist Fiera Capital until it has trouble settling it off, either with new capital or with free cash flow. So, Fiera Capital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fiera Capital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fiera to invest in growth at high rates of return. When we think about Fiera Capital's use of debt, we should always consider it together with cash and equity.

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Fiera Capital Corporation is an employee owned investment manager. Fiera Capital Corporation was founded in 2002 and is based in Montral, Canada with an additional office in Toronto, Canada, Calgary, Canada, and Vancouver, Canada. FIERA CAPITAL operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. It employs 850 people. Fiera Capital (FSZ) is traded on Toronto Exchange in Canada and employs 860 people.

Management Performance

Fiera Capital Leadership Team

Elected by the shareholders, the Fiera Capital's board of directors comprises two types of representatives: Fiera Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fiera. The board's role is to monitor Fiera Capital's management team and ensure that shareholders' interests are well served. Fiera Capital's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fiera Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Shaw, Lead Independent Director
Sebastian Blandizzi, Global Officer
CFA CM, Ex Chairman
Lucas Pontillo, Global Chief Financial Officer, Executive Vice President
Jean Raby, Independent Director
Maxime CFA, President Wealth
Paul CFA, Senior Counsellor
Richard Nino, Executive Vice President - Business Development, U.S. Division, and Chairman, European Division
Daniel Richard, Senior Vice President Global Human Resources and Corporate Communications and Chief Human Resources
Gabriel Esq, Corporate Director
CAIA CFA, Director Affairs
David Sadkin, President of Bel Air Investment Advisors LLC
Geoff Beattie, Independent Director
Michael Quigley, Executive Vice President and Global Head of Distribution
Norman Steinberg, Independent Director
Lise Pistono, Director
Nitin Kumbhani, Director
Raymond Laurin, Independent Director
Real Bellemare, Independent Director
Jean Monty, Independent Director
CPA CPA, Pres Markets
Louis Bourassa, Senior Counsellor
David BComm, Executive Wealth
AlexAnne Carrier, Advisor Communications
Gabriel Castiglio, Executive Vice President Chief Legal Officer and Corporate Secretary
CFA CAIA, Executive Intermediaries
Gary Collins, Independent Director
Donald Conner, Senior Counsellor
Francois Bourdon, Global Chief Investment Officer
Peter Stock, Executive Vice President - Strategic Development
CAIA FSA, Global CEO
Benjamin Thompson, President and Chief Executive Officers, Fiera Capital Inc. (a U.S. division of FCC)
Jean CFA, President Director
JeanGuy Desjardins, Chairman of the Board, President, Chief Executive Officer
Vincent Duhamel, President and COO of Fiera Capital's Canadian Division
Jonathan Moncrieff, Global Officer
John Valentini, President and Chief Executive Private Alternative Investments Division Officer
MarieFrance Guay, Senior Relations
John CPA, President Director

Fiera Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fiera Capital a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Fiera Capital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fiera Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fiera Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fiera Stock

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The ability to find closely correlated positions to Fiera Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fiera Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fiera Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fiera Capital to buy it.
The correlation of Fiera Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fiera Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fiera Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fiera Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Fiera Stock

Fiera Capital financial ratios help investors to determine whether Fiera Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fiera with respect to the benefits of owning Fiera Capital security.