Manulife Investments makes changes to portfolio management team
Manulife Investments announced April 16 that it has made changes to the portfolio management teams for the following funds: the Manulife Global Equity Unconstrained Fund, the Manulife Global Equity Unconstrained Class, Manulife Global Dividend Growth Fund and Manulife Global Dividend Growth Class.
Jaime Ramos Martin, the co-portfolio manager of the Manulife Global Equity Unconstrained Fund and the Manulife Global Equity Unconstrained Class Fund, is leaving Standard Life Investments (USA) Limited (now doing business as Aberdeen Standard Investments) to pursue other opportunities, says the company. Donal Reynolds, Senior Vice President - Global Equity, is the portfolio manager of the funds, effective immediately.
Kevin Troup and Ross Mathison, co-portfolio managers of the Manulife Global Dividend Growth Fund and Manulife Global Dividend Growth Class, are retiring/pursuing other opportunities respectively, says Manulife Investments. Portfolio managers Dominic Byrne, Investment Director - Deputy Head Global Equity, and Donal Reynolds have replaced them effective immediately.
Investment thesis unchanged
Manulife Investment says “the investment thesis of all four funds remains the same.”
Byrne and Reynolds come from Standard Life Investments prior to its merger with Aberdeen Asset Management PLC in August of last year.
The company also announced that three individuals have been added to the Global Equity Team led by Byrne. Joanna McIntyre, Tony Hood and Euan Sanderson will be joining from the Aberdeen Standard Investments' regional teams.
Integration expected to be completed in second quarter
Manulife Investments says Aberdeen Standard Investments expects to complete the integration of the Global Equity Team in Q2 2018. “Pending a further announcement of the structure of their equity division, Manulife Investments continues to evaluate as developments unfold.”