Fiera Sceptre waves its wand of investment services for a variety of clients, including institutional investors, funds, and high-net-worth individuals. Fiera (formerly Fiera Capital) specializes in Canadian and foreign equities, asset allocation, alternative investments, active and structured fixed income products, and quantitative investment strategies. It has offices in Montreal, Toronto, Vancouver, and Waterloo. The company merged with publicly traded Canadian money manager Sceptre Investment Council to form Fiera Sceptre in 2010. Two years later Fiera agreed to acquire Natcan Investment Management from National Bank of Canada. The deal will boost Fiera's assets under management to around $54 billion.