BOSTON, Sept. 15, 2016 /CNW/ -- Manulife Asset Management announced today that it has named Oran Walsh as Managing Director, Institutional Sales — Sub-Advisory and Financial Institutions. Mr. Walsh reports to Frank Saeli, head of distribution, U.S. and Latin America. The appointment was effective as of September 1.
"Oran is a significant addition to our U.S. distribution team in this new business development role," said Mr. Saeli. "Manulife Asset Management is one of the leading global investment managers in the sub-advisory segment, and we are continuing to focus on this area and expand our client engagement."
Previously, Mr. Walsh was a Vice President and National Account Manager on the Retirement Solutions Team at Legg Mason, where he placed investment mandates in the sub-advisory and DCIO marketplace. Prior to that, he held positions at Neuberger Berman as Vice President Retirement and Sub-Advised Groups and at Lehman Brothers/Neuberger Berman as a Sales Associate.
Mr. Walsh is a graduate of Loyola University in Maryland.
About Manulife Asset Management
Manulife Asset Management is the global asset management arm of Manulife, providing comprehensive asset management solutions for investors. This investment expertise extends across a broad range of public and private asset classes, as well as asset allocation solutions. As at June 30, 2016, assets under management for Manulife Asset Management were approximately C$435 billion (US$334 billion, GBP£252 billion, EUR€303 billion).
Manulife Asset Management's public markets units have investment expertise across a broad range of asset classes including public equity and fixed income, and asset allocation strategies. Offices with full investment capabilities are located in the United States, Canada, the United Kingdom, Japan, Hong Kong, Singapore, Taiwan, Indonesia, Thailand, Vietnam, Malaysia, and the Philippines. In addition, Manulife Asset Management has a joint venture asset management business in China, Manulife TEDA. The public markets units of Manulife Asset Management also provide investment management services to affiliates' retail clients through product offerings of Manulife and John Hancock. John Hancock Asset Management and Declaration Management and Research are units of Manulife Asset Management.
Additional information about Manulife Asset Management may be found at ManulifeAM.com.
Manulife Financial Corporation is a leading international financial services group providing forward-thinking solutions to help people with their big financial decisions. We operate as John Hancock in the United States, and Manulife elsewhere. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. At the end of 2015, we had approximately 34,000 employees, 63,000 agents, and thousands of distribution partners, serving 20 million customers. At the end of June 2016, we had $934 billion (US$718 billion) in assets under management and administration, and in the previous 12 months we made more than $25.4 billion in benefits, interest and other payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong. Follow Manulife on Twitter @ManulifeNews or visit www.manulife.com or www.johnhancock.com.
SOURCE Manulife Asset Management
For further information: Media contacts: Beth McGoldrick, 617 663 4751, Beth_McGoldrick@manulifeam.com; Brian Carmichael, 617 663 4748, Brian_Carmichael@manulifeam.com, http://www.manulife.com