TORONTO, Nov. 8, 2024
/PRNewswire/ - Manulife Investment Management today announced
enhancement to its equity organization in leveraging expertise
across its Asia and Emerging
Markets teams to improve investment experience for its
clients. Charlie Dutton, an
equity investment leader with substantial experience in
Asia, is named to the newly
created role of Chief Investment Officer, Global Emerging Market
Equities. In this new role, Charlie will oversee and align our
Asia ex-Japan and emerging market equity capabilities,
ensuring we leverage local resources and insights across the
organization.
Manulife Investment Management has operated in emerging markets
for more than a century. Today, it has one of the largest equity
teams based in Asia with over 90
investment professionals located across 10 markets in the region.
By combining local insight with deep investment expertise, Manulife
Investment Management will be able to leverage deeper information
advantage over other asset managers based outside of Asia. The combined Emerging Market Equities
organization manages over US$25
billion in AUM across Asia
and emerging markets equity strategies.
"Collaboration and engagement have always been at the heart of
our investment culture, and our emerging markets and Asia equity teams have participated in a
variety of forums to exchange ideas and insights. The closer
alignment of the Asia equity team
with the global Emerging Markets equity organization formalizes the
longstanding sharing of ideas and insights between our Asia and our emerging markets equity
teams. We believe this alignment will translate into improved
research sharing and investment decision making, and will enhance
our ability to create custom-tailored solutions to meet client
needs," said Colin Purdie, Global
Chief Investment Officer, Public Markets, Manulife Investment
Management.
Charlie will be spending a considerable amount of time in
Asia with the extensive investment
teams across the region in the coming months. He will continue to
be based in London, affording him
the opportunity to work and communicate with the investment teams
in London and across Asia effectively, ensuring connections between
each.
Charlie brings more than 27 years of investment experience to
this role, including over 25 years of Asia equity investment experience with seven
years in Hong Kong as well as
South Africa and London. Prior to joining Manulife Investment
Management's Emerging Markets Equity team earlier this year,
Charlie was a fund manager at Ninety One as part of the Global
Quality Capability team that managed assets across five
strategies.
Before Ninety One, Charlie was a founding partner at Coupland
Cardiff, an Asian investment firm, where he spent 10 years managing
Asian focused equity funds. Prior to that, he was based in
Hong Kong and served as director
of Asia-Pacific research at
JPMorgan and as a Hong Kong/China
consumer analyst at JF Securities. Charlie started his career at
HSBC based in Hong Kong as a
HK/China Analyst.
"We are confident Charlie's deep investment experience,
including over 25 years investing in Asia equity, makes him ideally suited to take
on the role of CIO, Emerging Markets Equities. We look forward to
his leadership, combined with the support of our Asia investment teams, in building upon our
strong foundation in the region, and leading our Asia business into the future," said
Steve Medina, Chief Investment
Officer, Global Equities, Manulife Investment Management.
At the same time, Manulife Investment Management announced that
Kathryn Langridge, Senior Managing
Director, Senior Portfolio Manager, and Head of Emerging Markets
Equity team, has shared her intention to retire effective
October 31, 2025, after an impressive
investment career spanning over 40 years. Meanwhile,
Ronald Chan, CIO, Asia ex-Japan Equity, is departing Manulife
Investment Management.
"The alignment of the Asia and
the Emerging Markets equity teams is a testament to the critical
role Asia plays in today's equity
markets, and further draws attention to the deep pool of talent in
Manulife's investment organization," said Charlie Dutton, Chief Investment Officer, Global
Emerging Market Equities. "By globalizing and strengthening
this capability, Manulife Investment Management is better
positioned to deliver for its clients while expanding the pipeline
of research and insight the Emerging Markets equity team can
deliver for other capabilities at the firm on a global basis."
About Manulife Wealth & Asset Management
As part of Manulife Financial Corporation, Manulife Wealth &
Asset Management provides global investment, financial advice, and
retirement plan services to 19 million individuals, institutions,
and retirement plan members worldwide. Our mission is to make
decisions easier and lives better by empowering people today to
invest for a better tomorrow. As a committed partner to our clients
and as a responsible steward of investor capital, we offer a
heritage of risk management, deep expertise across public and
private markets, and comprehensive retirement plan services. We
seek to provide better investment and impact outcomes and to help
people confidently save and invest for a more secure financial
future. Not all offerings are available in all jurisdictions. For
additional information, please visit manulifeim.com.
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SOURCE Manulife Investment Management
