TSX/NYSE/PSE: MFC SEHK:945
TORONTO, March 30, 2015 /CNW/ - Manulife Investments, a division of
Manulife Asset Management Limited, announced that effective today,
portfolio management responsibilities for Manulife Preferred Income
Class (the "Fund") will change with the appointment of a co-lead for
Richard Cortese, Managing Director, Canadian Fixed Income, Manulife
Asset Management (MAM) will assume duties as co-lead. Richard's
investment team will include Roshan Thiru and Altaf Nanji, both
Managing Directors at MAM. Terry Carr, Senior Managing Director and
Head of Canadian Fixed Income at MAM will continue to co-lead the Fund.
The Fund's objective and strategy of offering exposure to a portfolio
primarily consisting of Canadian preferred shares will remain the same.
Richard Cortese plays an active, senior role in a significant proportion
of the Canadian Fixed Income team's fixed income products. He is
responsible for developing investment strategy with a focus on
Terry Carr has over 25 years of experience as an investment professional
and is a senior member of the Manulife Asset Management Investment
For more information, please visit manulifemutualfunds.ca or contact Manulife Investments at the following telephone numbers:
About Manulife Investments
Manulife Investments, a division of Manulife Asset Management Limited,
builds on 125 years of Manulife's wealth and investment management
expertise in managing assets for Canadian investors. As one of Canada's
leading integrated financial services providers, Manulife Investments
offers a variety of products and services including segregated fund
contracts, mutual funds, annuities and guaranteed interest contracts.
About Manulife Asset Management
Manulife Asset Management is the global asset management arm of
Manulife, providing comprehensive asset management solutions for
institutional investors and investment funds in key markets around the
world. This investment expertise extends across a broad range of public
and private asset classes, as well as asset allocation solutions. As at
December 31, 2014, assets under management for Manulife Asset
Management were approximately C$321 billion (US$277 billion).
Additional information about Manulife Asset Management may be found at ManulifeAM.com.
Manulife is a leading Canada-based financial services group with
principal operations in Asia, Canada and the United States. We operate
as John Hancock in the U.S. and as Manulife in other parts of the
world. We provide strong, reliable, trustworthy and forward-thinking
solutions for our customers' 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 also provide asset management services to
institutional customers. Assets under management by Manulife and its
subsidiaries were approximately C$691 billion (US$596 billion) as at
December 31, 2014.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE,
and under '945' on the SEHK. Manulife can be found on the Internet at manulife.com
SOURCE Manulife Financial Corporation
For further information: