Manulife Asset Management Adds New Global Equity Team


    --  Expands global equity capabilities with seasoned portfolio
        managers
    --  Follows series of acquisitions in International Value, U.S.
        Core/Value, U.S. Large Cap Growth and Canadian Core Equity
        Managers over the past two years

BOSTON, March 20, 2013 /CNW/ - Manulife Asset Management has expanded its 
global equity capabilities by naming Paul Boyne and Doug McGraw to lead a new 
team managing a global equity strategy for institutional clients and certain 
wealth management businesses of Manulife Financial and John Hancock. They will 
report to Christopher Conkey, Chief Equity Investment Officer of Manulife 
Asset Management.

"Paul and Doug expand and strengthen Manulife Asset Management's investment 
capabilities and complement our global footprint. Their fundamentally-oriented 
investment process and diligent risk management practices represent a strong 
cultural fit with our expanding equity investment franchise," said Mr. Conkey.

Both Mr. Boyne and Mr. McGraw will be Senior Portfolio Managers. Most 
recently, since 2008, they served as senior fund managers for a global equity 
team at Invesco Perpetual in the United Kingdom. Their approach to Global 
Equity employs an unconstrained bottom-up stock selection process based on 
disciplined fundamental research, with the aim to create a diversified 
portfolio of quality global stocks that demonstrate compelling value and 
generate sustainable cash flows.

This approach has led to proven performance results. In Q3 2012, eVestment 
ranked the global equity strategy headed by Mr. Boyne and Mr. McGraw in the 
top decile over the last two and three years when evaluated in the Global All 
Cap Core universe. Additionally, in the Morningstar Europe OE Global Large-Cap 
Blend Equity Category as of the Q3 2012, the strategy ranked in the top 
quartile over the one year and top one percent in the two and three year time 
periods.

Prior to Invesco, Mr. Boyne was Deputy Chief Investment Officer and Head of 
Global Equities at the Bank of Ireland, conducting portfolio oversight across 
all regions. Before this, he spent 12 years at Morgan Stanley Investment 
Management, becoming Managing Director and senior portfolio manager for global 
value equity; his career also included six years as an accountant with Grant 
Thornton International. Mr. Boyne holds a postgraduate (MBS) Diploma from 
Michael Smurfit Graduate School of Business, University College, Dublin and is 
a Fellow of the Association of Chartered Accountants.

Mr. McGraw was previously an Executive Director and portfolio manager for 
global value equity at Morgan Stanley Investment Management. He holds a B.S. 
in Finance from Miami University and an M.B.A. from the University of Notre 
Dame.

The creation of Manulife Asset Management's new Global Equity team follows a 
series of recent additions of investment managers. Most recently a Canadian 
Core Equity team was launched by Monika Skiba, CFA in October 2011. In July 
2011, a group of investment management professionals led by W. Shannon Reid, 
CFA, added U.S. Large Cap Growth capabilities. In February 2011, the former 
Optique Capital team led by Wendell L. Perkins, CFA, joined to deepen the 
firm's International Value Equity capabilities. In January 2011, veteran 
investment managers Walter T. McCormick, CFA, and Emory W. (Sandy) Sanders, 
Jr., CFA, joined Manulife Asset Management to lead a new U.S. Core Value 
Equity team.

About Manulife Asset Management
Manulife Asset Management is the global asset management arm of Manulife 
Financial. Manulife Asset Management provides comprehensive asset management 
solutions for institutional investors and investment funds in key markets 
around the world. Manulife Asset Management also provides investment 
management services to affiliates' retail clients through product offerings of 
Manulife and John Hancock. This investment expertise extends across a broad 
range of asset classes including equity, fixed income and alternative 
investments such as real estate, timber, farmland, as well as asset allocation 
strategies.

Manulife Asset Management has offices with full investment capabilities in the 
United States, Canada, the United Kingdom, Japan, Hong Kong, Singapore, 
Taiwan, Indonesia, Thailand, Vietnam, Malaysia, and the Philippines. In 
addition, it has a joint venture asset management business in China, Manulife 
TEDA. It also has operations in Australia, New Zealand, Brazil and Uruguay. 
John Hancock Asset Management, Hancock Natural Resource Group and Declaration 
Management and Research are units of Manulife Asset Management. As at December 
31, 2012, assets under management were C$237.6 billion. Additional information 
about Manulife Asset Management can 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$532 billion 
(US$535 billion) as at December 31, 2012. The Company operates as Manulife 
Financial in Canada and Asia and primarily as John Hancock in the United 
States.

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.

Beth McGoldrick, +1-617-663-4751,beth_mcgoldrick@manulifeam.com

http://www.jhancock.com

SOURCE: Manulife Asset Management

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CO: Manulife Asset Management
ST: Massachusetts
NI: FIN 2575 WNEWS 

-0- Mar/20/2013 14:14 GMT


 
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