Canadian asset manager Fiera to buy Asia-focused Clearwater Capital

Canadian asset manager Fiera to buy Asia-focused Clearwater Capital

A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto January 23, 2015. REUTERS/Mark Blinch/File Photo

Fiera Capital Corporation, Canada’s leading independent asset management firm, is foraying into the Asia-Pacific by acquiring Hong Kong-headquartered Clearwater Capital Partners, an Asia-focused credit and special situations investment firm, in a $21-million transaction.

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