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.
The firm hires Sarah Lu from Axa Rosenberg IM Asia-Pacific in Hong Kong as it extends its portfolio solutions group to the region.
The firm adds Lawrence Wee from Tokio Marine based in Singapore as it seeks to double Asia AUM. He comes in as a direct replacement for Caleb Wong who left in January.
The consensus is still that headline macro risks will trigger bouts of volatility in 2012, but if that’s not the case then portfolios are poorly positioned, argue Manulife AM’s global CIOs.
Kisoo Park joins as a managing director and portfolio manager in Hong Kong. The multi-sector fixed income team seeks to employ both strategic and tactical currency views.
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The firm has hired James Chen from Vision IM to run institutional business development out of Hong Kong as it looks to double Asia AUM. He oversees a team of eight.
The firm hires Mahesh Fonseka for its institutional sales and marketing team based in Hong Kong as it strives to double regional assets to $80 billion within five years.
The firm will manage a $15 million exposure to the city’s burgeoning dim-sum bond market for the Hong Kong Hospital Authority Provident Fund Scheme.
The firm launched its Asia total return strategy in 2009 on the Ucits platform and recently brought it to Asia. It’s confident it can make positive returns in most market environments.
A consultation period for draft CSRC proposals to allow foreign investors to short the A-share market for the first time is about to expire. It's seen as a step in the right direction.
