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Enter Symbol
or Name
USA
CA



Manulife Financial Corp
Symbol MFC
Shares Issued 1,969,988,686
Close 2015-03-27 C$ 21.20
Market Cap C$ 41,763,760,143
Recent Sedar Documents

Manulife fund appoints Cortese co-lead manager

2015-03-30 13:09 ET - News Release

An anonymous director reports

MANULIFE INVESTMENTS MAKES CHANGE TO PORTFOLIO MANAGEMENT TEAM FOR MANULIFE PREFERRED INCOME CLASS

Manulife Investments, a division of Manulife Financial Corp.'s Manulife Asset Management Ltd., has made changes to the portfolio management responsibilities for Manulife Preferred Income Class, with the appointment of a co-lead for the fund.

Richard Cortese, managing director, Canadian fixed income, Manulife Asset Management (MAM), will assume duties as co-lead. Mr. Cortese's investment team will include Roshan Thiru and Altaf Nanji, both managing directors at MAM. Terry Carr, senior managing director and head of Canadian fixed income at MAM, will continue to co-lead the fund. The fund's objective and strategy of offering exposure to a portfolio primarily consisting of Canadian preferred shares will remain the same.

Mr. Cortese plays an active, senior role in a significant proportion of the Canadian fixed-income team's fixed-income products. He is responsible for developing investment strategy with a focus on corporate debt.

Mr. Carr has over 25 years of experience as an investment professional and is a senior member of the Manulife Asset Management investment committee.

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