C$ unless otherwise stated
TORONTO, Dec. 12, 2013 /CNW/ - Manulife Mutual Funds announced today
that on or about April 1, 2014, Manulife Asset Management Limited, the
Portfolio Advisor of Manulife Canadian Bond Plus Fund, will assume the
overall portfolio management responsibilities of the Fund.
Terry Carr, Senior Managing Director and Head of Canadian Fixed Income
for Manulife Asset Management Limited, will become the lead portfolio
manager of the Fund. "Terry's 25 years of investment experience across
a variety of fixed income asset classes and excellent track record,
make him an ideal choice for this role," said Derek Saliba, Assistant
Vice President, Manulife Mutual Funds.
AllianceBernstein Canada Inc. has been the portfolio sub-advisor to the
Fund since 2007. "We would like to thank the AllianceBernstein fixed
income team for their contributions over the last six years," said Mr.
Saliba. "Their dedication and professionalism in managing the Fund is
In addition, Manulife Mutual Funds announces that the Manulife Emerging
Markets Equity Fund, Manulife Emerging Markets Equity Class, Manulife
Emerging Markets Balanced Fund and Manulife Global Natural Resources
Fund each will change its investment strategies on or about December
20, 2013 to include the use of quantitative models in ranking
securities within its investible universe.
About Manulife Mutual Funds
Manulife Mutual Funds, a division of Manulife Asset Management Limited,
builds on 125 years of Manulife Financial's wealth and investment
management expertise in managing assets for Canadian investors, through
a diverse portfolio of forward-thinking mutual fund products. Our
experienced Portfolio Managers offer access to markets in Canada, the
United States and around the world, in a range of investment styles to
help meet individual needs. Manulife Mutual Funds is part of Manulife
Investments, which offers personal wealth management products and
services, such as mutual funds, segregated fund contracts, annuities
and guaranteed interest contracts. For more information, please visit manulifemutualfunds.ca.
About Manulife Asset Management
Manulife Asset Management is the global asset management arm of Manulife
Financial, 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, private, and alternative asset classes, as well as asset
allocation solutions. As at September 30, 2013, assets under management
for Manulife Asset Management were C$265 billion (US$258 billion).
Additional information about Manulife Asset Management may be found at ManulifeAM.com.
About Manulife Financial
Manulife Financial is a leading Canada-based financial services group
with principal operations in Asia, Canada and the United States.
Clients look 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 also provide asset
management services to institutional customers. Funds under management
by Manulife Financial and its subsidiaries were C$575 billion (US$559
billion) as at September 30, 2013. The Company operates as Manulife
Financial in Canada and Asia and primarily as John Hancock in the
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 manulife.com.
SOURCE: Manulife Financial Corporation
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