In a statement released Thursday,
Manulife Asset Management was proud to announce that it had placed 28
th in the annual ranking of the world’s major money managers by
Pensions & Investments.
The ranking was based on data as of Dec. 31, 2015.
Pensions & Investments published the rankings in its May 30 issue.
For 2014, Manulife Asset Management took 32
nd, with assets under management of US$276.7 billion. The firm’s 2015 records show that it had total worldwide institutional assets under management of US$313.5 billion.
“Our improved placement in Pensions & Investments’ annual ranking reflects the sustained hard work of our entire organization, and the confidence and patronage of our clients around the world, and we are grateful for both,” said Manulife Asset Management president and CEO Kai Sotorp in a statement. “We are a growing global business with exciting investment capabilities that span traditional asset classes such as fixed income, equities, absolute return, and asset allocation, as well as private markets investments including timber, agriculture and real estate.”
“A consistent focus on solutions to meet the needs of our clients, supported by strong investment performance, have been – and will continue to be -- the driving factors for Manulife Asset Management’s success,” remarked chairman Warren A. Thomson.
Having secured a presence in North America and Asia, Manulife Asset Management is looking to expand into Europe and the wider EMEA market. The firm recently detailed its plans for investment in the region for the long term.
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