Tuesday, January 31, 2023
Market-Reporter
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
Market-Reporter
No Result
View All Result
Home Emerging Markets

Manulife Investment Management aligns emerging market fixed-income capability under new CIO

MtR by MtR
June 7, 2021
in Emerging Markets
0
Manulife Investment Management aligns emerging market fixed-income capability under new CIO


Names Endre Pedersen, CIO, global emerging market fixed income, to lead 66-person team

TSX/NYSE/PSE: MFC     SEHK: 945

Related articles

It’s The Liquidity, Stupid – How Macroeconomics Shapes A Portfolio

August 10, 2022

Four graphs explaining…emerging market equities

August 10, 2022

BOSTON, June 7, 2021 /CNW/ – Manulife Investment Management today announced a number of enhancements to its emerging market fixed-income (EM) organization to align capabilities globally and integrate the firm’s deep local resources worldwide. Endre Pedersen—a 22-year veteran of EM fixed income— has been promoted to a new position as CIO, global emerging market fixed income. Endre will lead a 66-person team with responsibility for over US$46 billion in assets under management.*

Endre Pedersen, Manulife Investment Management (CNW Group/Manulife Investment Management)
Endre Pedersen, Manulife Investment Management (CNW Group/Manulife Investment Management)

This announcement comes after several years of strong growth in Manulife Investment Management’s EM fixed-income strategies, which have benefited from the firm’s expansive investment footprint and leading credit research capability. The firm believes further alignment of its global emerging market fixed-income team will help to achieve consistent output and delivery across the asset class. It anticipates the increased connectivity and collaboration of the teams will also provide greater clarity on the team’s investment strategy and will result in improved efficiency in meeting product demand and performance needs for clients.

“Manulife Investment Management has operated in emerging markets for more than a century,” said John Addeo, CIO, global fixed income, Manulife Investment Management. “Today, we have one of the largest fixed-income teams in Asia, and this enhancement, under Endre’s leadership, will result in one of the largest and most experienced teams in the industry. This local insight—paired with deep investment expertise—has become increasingly important to investors facing a scarcity of income opportunities. The steps we are taking with our emerging markets team help expand its reach and resources and further support this crucial capability within our investment organization.”

The firm has also announced several other promotions to support the new structure:

  • Fiona Cheung, previously responsible for the firm’s credit activities in Asia ex-Japan, has been promoted to head of global EM fixed-income research.
  • Don Tucker, head of U.S. fixed-income research, has been promoted to head of global developed market fixed-income research.
  • Joseph Huang has been promoted to head of South Asia fixed-income research.
  • Nick Pena, managing director, senior credit analyst, U.S. fixed income, has been promoted to sector leader of the EM fixed-income research team.

“These actions are a testament to the critical role emerging markets play in today’s fixed-income landscape and the deep pool of talent in our investment organization,” said Endre Pedersen. “We believe we have a competitive advantage in this space. By globalizing and strengthening this capability, we’re better positioned to deliver for our clients while also expanding the pipeline of research and insight we can deliver for other capabilities at Manulife Investment Management.”

About Manulife Investment Management
Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 17 countries and territories. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We’re committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement.

As of March 31, 2021, Manulife Investment Management had CAD $764.1 billion (US $607.6 billion) in assets under management and administration. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com. 

________________
*as of 3/31/2021

SOURCE Manulife Investment Management

For further information: Media contacts: Asia, Carl Wong, [email protected]; Canada, Cheryl Holmes, [email protected]; U.S. and Europe, Elizabeth Bartlett, [email protected]

Related Links

https://www.manulifeim.com/



Source link

Related Posts

It’s The Liquidity, Stupid – How Macroeconomics Shapes A Portfolio

by MtR
August 10, 2022
0

Whether a market is being shaped by fresh central bank liquidity or by banks taking liquidity out of an economy...

Four graphs explaining…emerging market equities

by MtR
August 10, 2022
0

Andrew Hardy Momentum Global Investment Management director of investment management The Chinese equity market has roughly halved since its peak...

Jefferies sees 15% correction in Indian markets; adds Zomato to portfolio

by MtR
August 10, 2022
0

Web Exclusive In the past one month, the S&P BSE Sensex and the Nifty50 have gained around 8 per cent...

Letter: Why Fed’s rate rise failed to rattle emerging markets

by MtR
August 10, 2022
0

One of the key reasons that we haven’t yet seen the capital outflows normally experienced by emerging market economies (EMs)...

‘The rupee is a better-performing currency against the dollar on a trade-weighted basis’: Sajjid Chinoy

by MtR
August 9, 2022
0

Sajjid Chinoy, Chief India Economist, JP Morgan and part-time member, PMEAC, on tackling challenges of rupee depreciation, getting rid of...

Load More
  • Trending
  • Comments
  • Latest

Bank of England tells ministers to intervene on digital currency ‘programming’

June 21, 2021

Tips for checking smoke alarms during daylight saving time

March 12, 2022

GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

July 9, 2021

What will Durham County education bonds pay for? A full list

July 8, 2022
African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

0
Maxum Foods releases Global Dairy Commodity Update for June

Maxum Foods releases Global Dairy Commodity Update for June

0
Letter: Perpetual bonds can help states fight hunger

Letter: Perpetual bonds can help states fight hunger

0
United Kingdom ETFs Are Riding the Re-Opening Momentum

United Kingdom ETFs Are Riding the Re-Opening Momentum

0

Investment in overseas real estate surges : The DONG-A ILBO

August 11, 2022

U.S. inflation CPI report, Wall Street, currencies

August 10, 2022

Alberta oil production set new record in first half of 2022

August 10, 2022

Industrial Lubricants Market to Reach $71 Billion by 2027.

August 10, 2022

Recent News

Investment in overseas real estate surges : The DONG-A ILBO

August 11, 2022

U.S. inflation CPI report, Wall Street, currencies

August 10, 2022

Alberta oil production set new record in first half of 2022

August 10, 2022

Categories

  • Asia
  • Bonds
  • Canada
  • Commodities
  • Cryptocurrencies
  • Currencies
  • Emerging Markets
  • ETFs
  • Europe & Middle East
  • IPOs
  • Latin America
  • Mutual Funds
  • Personal Finance
  • Real Estate
  • Retirement
  • Spending & Saving
  • Stocks
  • U.S. Markets
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Market-Reporter

No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate

© 2021 Copyright Market-Reporter