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The Pension Bridge Institutional Asset Management Award
evaluates both quantitative and qualitative factors to determine
honor
TORONTO, Oct. 1, 2020 /PRNewswire/ -- Manulife Investment
Management announced today that Manulife Strategic Fixed Income
Strategy was recently awarded Active Global Fixed Income Strategy
of the year from the Pension Bridge Institutional Asset Management
Awards. The strategy was evaluated on 1,3, and 5 year active
performance returns in U.S. dollars compared with the most relevant
benchmark. When evaluated against the institutional active global
fixed income peer group, Manulife Strategic Fixed Income Strategy
ranked in the top quartile on a 1 year basis and the second
quartile on both a 3 and 5 year basis.1
The award criteria also examined the number of mandates that
have been won over a 12 month period, assets under management,
consistency in investment style, environmental, social, and
governance (ESG) integration and analysis in the portfolio, and the
quality of client servicing.
"Thank you to Pension Bridge Institutional Asset Management
Awards for recognizing not only the performance of our flagship
Strategic Fixed Income Strategy, but also for giving the team an
opportunity to showcase the transparency of their investment
process," said Christopher P.
Conkey, CFA, global head of public markets, Manulife
Investment Management. "From a firm perspective, we believe in
supporting our clients with the benefit of knowledge exchange, in
facilitating an in-depth understanding of their mandates, and in
providing insight on wider industry developments in capital markets
and asset management."
The Manulife Investment Management Strategic Fixed Income
Strategy seeks to generate competitive, risk-adjusted performance
by investing across global fixed-income markets. The strategy is
managed by Daniel S. Janis III,
senior portfolio manager, head of global multi-sector fixed income;
Thomas C. Goggins and Kisoo Park, senior portfolio managers; and
Christopher M. Chapman, CFA,
portfolio manager. The team looks to add value primarily through
sector rotation, security selection, and opportunistic currency
investments and believes in a fundamental, risk-managed investment
process that finds opportunities around the globe while controlling
interest-rate, credit, currency, and liquidity risk. Together, the
portfolio management team averages 31 years of investment industry
experience and manages over US$35
billion in assets on behalf of institutional and retail
investors.
"We're honored to have our team recognized by Pension Bridge for
our philosophical approach to managing risk and commitment to our
long-term investment process. We believe there are still
opportunities within global fixed income to add value to our
clients' portfolios despite the challenges of the current rate
environment and expected event-driven volatility," added Mr.
Janis.
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1 eVestment Global Multi-Sector and
Global Unconstrained universes, as of June 30, 2020.
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Methodology and judging criteria
The first stage used
purely the quantitative elements to derive leaderboards from the
entries. These leaderboards informed and populated the short
lists for each category, which went through to the second stage of
judging, where a panel of independent and impartial judges from
Institutional Investors and Consultants ensured firstly that the
data is correct and then used their knowledge and the qualitative
elements of the entry process to decide on the winners by category.
All data requested is through June
2020.
Fund performance category mix 1: fixed income, equities,
hedge funds, and other
- Quantitative
> 1-year active performance return
next to the most appropriate benchmark (20% of the overall scoring)
ended June 2020
> 3-year active performance return next to the most appropriate
benchmark (10% of the overall scoring) ended June 2020
> 5-year active performance return next to the most appropriate
benchmark (10% of the overall scoring) ended June 2020
> Net AUM growth in real terms over a 12 month-period (AUM to be
supplied in USD) (10% of the overall scoring) ended June 2020
> Net AUM growth in % terms over 12-month period (AUM to be
supplied in USD) (10% of the overall scoring) ended June 2020
> Number of institutional mandates won over a 12-month period
(10% of the overall scoring) ended June
2020
- Qualitative
Items to take into consideration are
ESG/Innovation, key staff turnover, usage of any marketing and
sales materials, etc. (30% of the overall scoring)
About Manulife Investment Management
Manulife
Investment Management is the global wealth and asset management
segment of Manulife Financial Corporation. We draw on more than a
century of financial stewardship and the full resources of our
parent company to serve individuals, institutions, and retirement
plan members worldwide. Headquartered in Toronto, our leading capabilities in public
and private markets are strengthened by an investment footprint
that spans 17 countries and territories. We complement these
capabilities by providing access to a network of unaffiliated asset
managers from around the world. We're committed to investing
responsibly across our businesses. We develop innovative global
frameworks for sustainable investing, collaboratively engage with
companies in our securities portfolios, and maintain a high
standard of stewardship where we own and operate assets, and we
believe in supporting financial well-being through our workplace
retirement plans. Today, plan sponsors around the world rely on our
retirement plan administration and investment expertise to
help their employees plan for, save for, and live a better
retirement.
As of June 30, 2020, Manulife
Investment Management had CAD$900
billion (US$660 billion) in
assets under management and administration. Not all offerings
are available in all jurisdictions. For additional information,
please visit manulifeim.com.
Media contacts: Brooke
Tucker-Reid, Manulife Investment Management, Canada, 647-528-9601,
Brooke_Tucker-Reid@manulife.com; Elizabeth
Bartlett, Manulife Investment Management, United States and Europe, 857-210-2286,
Elizabeth_Bartlett@manulife.com; Carl
Wong, Manulife Investment Management, Asia, 852-2510-3180,
Carl_KK_Wong@manulifeam.com
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