Charlemagne Capital owner Fiera Capital has scrapped the historical brand name as it completed the integration of its 2016 acquisition.
London-based Charlemagne had been acquired by Fiera for £41 million and will now act as its European division.
Assets under management in the unit have climbed 34% to $3 billion (£2.18 billion) since the purchase. Fiera Capital runs a total $100 billion.
Fiera global president and chief operating officer Vincent Duhamel (pictured above right) said: ‘Since the acquisition of Charlemagne in December 2016, both firms have integrated their activities very successfully.
‘Charlemagne’s emerging and frontier market strategies add to our strong global offering in equities, benefiting our clients who are always looking for diversification opportunities.
'With Charlemagne, Fiera Capital has been able to advance its growing global presence, now with a firm foothold in the European market.'
Fiera Capital added that it will launch two new Ucits funds, the Fiera Capital Global Equity fund and the Fiera Capital US Equity fund.
Fiera Capital European division will be headed by Jayne Sutcliffe (above left), formerly Charlemagne chief executive. Sutcliffe said: ‘The name change is the final piece of the puzzle in the integration with the global Fiera Capital team.
'We are also delighted to see that our new ownership structure has allowed Charlemagne to move our distribution beyond our traditional emerging and frontier market focus, with the launch of two new funds, as well as enabling us to benefit from the enhanced operational, financial and distribution capabilities of the wider group.'