Manulife Asset Management has appointed Peter Warnes to head its Portfolio Solutions Group.

Manulife says that Mr. Warnes will be based in Hong Kong, and will work with his colleagues in asset allocation, international sales, and relationship management to meet the increasing demand for asset allocation solutions outside of North America in general and in Asia in particular. The Portfolio Solutions Group comprises more than twenty asset allocation professionals and has over US$119 billion in assets under management.

Mr. Warnes will join Manulife Asset Management on August 18. His previous employers include JP Morgan Asset Management, Invesco Asset Management, and Sun Alliance Investment Management.