The firm is seeking to strengthen its team, reasoning that the great rotation is a reality and that Asia’s aging society requires better income security.
Tag : manulife asset management
The regulator fines the firm $3 million for inadequate customer profiling in the distribution of a fund from 2007 to 2012. Separately, it bans a former Morgan Stanley Asia banker for life.
The manager has received a cross-border investment advisory licence and is targeting yield-starved asset owners, having hired a new head of institutional sales for the country.
