- Industry Veteran To Build On Organization's Growth Momentum In Canada
TORONTO, Nov. 1, 2011 /CNW/ -- Adam Neal has been named Canadian Head of Sales and Relationship Management for Manulife Asset Management, the investment management arm of Manulife Financial Corporation.
Mr. Neal, whose appointment is effective immediately, will be based in Toronto and report to Jacqui Allard, President of Manulife Asset Management Canada.
In this newly created role, he will manage the team responsible for expanding the company's foothold in the Canadian institutional marketplace and for further strengthening relationships with the organization's institutional and affiliated clients.
"We are very pleased to have Adam join us as we continue to build on Manulife Asset Management's growth momentum," Ms. Allard said. "With more than 20 years experience in the field and a demonstrated ability to build businesses, he is an excellent addition to our team as we grow the Manulife Asset Management business in Canada."
Mr. Neal joins the organization from Pyramis Global Advisors where he was responsible for institutional investment management sales focused on the defined benefit, foundation, and endowment marketplace in Ontario and Western Canada. Earlier in his career, Mr. Neal worked at Fidelity Investments, Open Access and Thomson Reuters.
He graduated from Bishop's University with a Bachelor of Arts degree.
About Manulife Asset Management
Manulife Asset Management(TM) is the global asset management arm of Manulife Financial. Manulife Asset Management provides comprehensive asset management solutions for institutional investors and investment funds in key markets around the world. Manulife Asset Management also provides investment management services to affiliates' retail clients through product offerings of Manulife and John Hancock. This investment expertise extends across a full range of asset classes including equity, fixed income and alternative investments such as real estate, timber, farmland, as well as asset allocation strategies.
Manulife Asset Management has offices with full investment capabilities in the United States, Canada, the United Kingdom, Japan, Hong Kong, Singapore, Taiwan, Indonesia, Thailand, Vietnam, Malaysia and the Philippines. In addition, it has a joint venture asset management business in China, Manulife TEDA. It also has operations in Australia, New Zealand, Brazil and Uruguay. John Hancock Asset Management, Hancock Natural Resource Group and Declaration Management and Research are units of Manulife Asset Management.
As at June 30, 2011 total assets under management were C$209 billion (US$217 billion). Additional information about Manulife Asset Management can be found at ManulifeAM.com.
About Manulife Financial
Manulife Financial is a leading Canadian-based financial services group operating in 21 countries and territories worldwide. For more than 120 years, clients have looked to Manulife for strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We provide asset management services to institutional customers worldwide as well as reinsurance solutions, specializing in property and casualty retrocession. Funds under management by Manulife Financial and its subsidiaries were Cdn$481billion (US$498 billion) as at June 30, 2011. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.
Editor's Note: Photo available upon request.
SOURCE Manulife Asset Management
For further information: Brian Carmichael, +1-617-663-4748, firstname.lastname@example.org Web Site: http://manulifeam.com