Building Trust. Delivering Solutions.Document Transcript
Building Trust. Delivering Solutions.
MFC GLOBAL INVESTMENT MANAGEMENT 2009
Who we are What we do
MFC Global Investment Management® MFC GIM delivers solutions tailored to meet
(MFC GIM) is the asset management division the most sophisticated institutional investment
of Manulife Financial. The MFC GIM needs, offering exceptional individual
diversified group of companies provides investment managers across a diversified
comprehensive asset management solutions range of complementary asset classes, styles
for institutional investors, such as pension and geographies.
plans, foundations, endowments and We provide expertise across a full range of
financial institutions, in key markets around investments – from equity and fixed income
the world. strategies to alternative investments, such as real
With more than 300 investment professionals estate, timberland and agricultural property
in key markets in North America, Asia and – and employ a broad spectrum of investment
Europe, MFC GIM offers breadth and depth management styles.
in our investment management capability. We work closely with our clients to understand
their risk tolerance, return requirements, liquidity
needs and time horizon, and are committed to
comprehensive and open communication that is
essential to building a successful long-term
partnership to help them achieve their
Our value proposition Organizational Strength and Breadth
MFC GIM is committed to the institutional asset management
business with the support and infrastructure of Manulife Financial,
to you a leading global financial services organization. We support the
skills of our specialized teams with state-of-the-art resources,
The value and expertise we provide to our clients is based
tools and technologies only available through a large-scale global
on the integration of three elements that form the foundation
organization. We combine this with an uncompromising
of our institutional investment management process.
commitment to best compliance practices and transparency
throughout the investment management process.
Expertise in asset allocation
Empowered Culture of In addition to the three elements of our asset
Investment Teams Managing Risk
management approach, MFC GIM provides
sophisticated asset allocation strategies to help our
clients build diversified portfolios to meet target risk
or absolute return objectives. We bring together asset
allocation management expertise in four areas:
■ strategic asset allocation
Organizational Strength ■ economic analysis
■ tactical asset allocation
■ risk monitoring
Empowered Investment Teams
Our teams of talented, experienced investment managers Amalgamating macroeconomic and quantitative
focus on, and specialize in, well-defined market segments. research capabilities in this way strengthens the
We encourage our managers to act on their convictions, process underlying our tactical overlay asset allocation
resulting in consistent long-term outperformance relative strategies, and enhances risk monitoring. Our asset
to their benchmarks. allocation team has more than a decade of
experience in developing and managing asset
allocation portfolios that provide the highest rate of
Culture of Managing Risk return for a given level of risk. And we advise on a
Monitoring and controlling risk is a key component of the range of mandates, from lifestyle and target-date
investment process at MFC GIM, and we consistently adhere funds to absolute return strategies, employing both
to a disciplined investment style and process for every portfolio affiliated and non-affiliated investment managers in
we manage. Our equity risk management process is a blend of North America, Europe and Asia.
quantitative and qualitative analysis, whose goal is to optimize
risk of the overall portfolio. Among our fixed income mandates,
all elements of risk are monitored daily to ensure precision in
Global investment Fixed income portfolios are managed by an experienced and
deep team of portfolio managers seeking to identify relative value
opportunities from a diverse range of fixed income sectors in the
operations through U.S and international markets.
a local presence Hong Kong and Asia Region
MFC GIM (Asia) offers clients a variety of investment
MFC GIM maintains a local presence in thirteen major markets
solutions focused on the Asian equity and fixed income markets.
worldwide to effectively manage a full spectrum of investment
Our cornerstone Asian strategies include Hong Kong, Greater
mandates. Our network of investment offices and affiliates
China and Asia Pacific strategies.
ensures that our portfolio managers and analysts can offer
"on-the-ground" market perspectives on a range of asset Hong Kong is the regional centre for all the investment activities
classes well beyond that of most investment managers. throughout the region and home to senior investment staff.
With the oversight from the Hong Kong headquarters, MFC GIM
Toronto (Asia) also manages several single country strategies around Asia.
The Toronto-based investment operations of MFC GIM With more than 60 investment professionals situated in offices
are comprised of Equity, Fixed Income and Strategic Asset in Hong Kong, China, Indonesia, Malaysia, Philippines, Singapore,
Allocation teams. Taiwan, Thailand and Vietnam, MFC GIM provides a significant
Specialized equity teams manage a range of Canadian, U.S. resource to clients around the world, offering local perspective
and global equity mandates, styles, and market caps using and unique insights into the very dynamic markets of the Asia
disciplined investment and risk management processes through Pacific region.
quantitative and qualitative approaches to security selection
and portfolio construction. Tokyo
Located in Tokyo, Japan, MFC GIM (Japan) manages a broad
The Fixed Income team manages investment grade and
range of Japanese equity and fixed income portfolios for
high-yield debt, real estate-related asset-backed securities,
institutional clients in Japan and abroad. The Equity team manages
and money market strategies utilizing a proprietary global credit
value, growth and dividend income mandates, while the Fixed
research database and a multi-disciplined approach to generate
Income team offers yen-denominated active bond and short-term
alpha on behalf of our clients.
corporate bond portfolios, both of which are geared to produce
The Strategic Asset Allocation team manages solutions for higher alpha by incorporating foreign credits. The team of
investors in Canada, the U.S. and Asia. Using sophisticated dedicated investment professionals offers clients in-depth local
modeling techniques and a dynamic review process, the team knowledge and understanding, while leveraging the strength
delivers strategic and tactical asset allocation solutions with of our global presence to deliver focused investment solutions.
the aim of generating consistent long-term returns.
Boston MFC GIM's European and global asset management team is
In the U.S., our lead office in Boston offers a number of actively located in London, England. Our local research capabilities and
managed equity and fixed income strategies with distinct market presence give us a valuable perspective on European and
investment styles and return objectives, and the common goal global equity markets. With access to companies from around the
of generating consistently superior returns. globe, we offer our expertise in European and global equity
management to clients worldwide. The team manages a wide
Our equity strategies span multiple market caps and are
range of regional and global equity strategies, including global,
managed using the bottom-up, fundamental research process
international, emerging market and European equity strategies.
of our Intrinsic Value team.
Alternative asset Real Estate
Manulife Real Estate
management expertise Based in Toronto, Canada, Manulife’s Real Estate
Division owns, develops and manages a diversified real estate
MFC GIM’s affiliates worldwide offer a depth of experience portfolio either occupied or invested in by Manulife Financial.
managing investment strategies across a range of alternative The portfolio of prime office, industrial, retail and residential
investments. From the world’s largest timberland investment properties is located in key metropolitan centres throughout
manager to award-winning commercial property investments, Canada, the U.S., Japan and Asia.
our affiliates provide our institutional clients with access to
skilled advisors in non-traditional asset classes.
Agriculture Hancock Timber Resource Group
Hancock Timber Resource Group (HTRG)
Hancock Agricultural was founded in 1985 and is based in Boston,
Investment Group Massachusetts, USA. HTRG develops and
The Hancock Agricultural Investment Group manages globally diversified timberland portfolios for public
(HAIG) is one of the largest institutional and corporate pension plans, high net-worth individuals, and
managers of agricultural real estate in the U.S. and the first foundations and endowments. Assets are located in the United
U.S.-based institutional farmland manager to offer its clients States, Canada, Australia, New Zealand and Brazil.
international investment options. They oversee nearly 165,000
HTRG is the world's largest timberland investment manager
acres of prime U.S. farmland in major agricultural regions
for institutional investors, serving both domestic and non-U.S.
including California, the Midwest, the Mississippi Delta,
clients. Timberland investments provide institutional investors
the Pacific Northwest, the Southern Plains and the Southeast,
with a number of benefits, including a history of attractive
and 6,000 acres of farmland in New South Wales and
returns, excellent capital preservation, portfolio diversification
and low to moderate risk.
Agricultural investments can provide institutional investors
with a number of benefits including attractive returns, excellent
capital preservation, portfolio diversification and low to
Fixed Income and Structured Products
& Research LLC
Declaration is a fixed income manager with expertise in
the major credit sectors, including asset-backed securities,
residential and commercial mortgage-backed securities,
corporate bonds and distressed credit. This group seeks alpha
through bottom-up security analysis and portfolio level risk
management. Throughout its history, Declaration has embraced
innovation. An early entrant in portable alpha credit-based
absolute return and liability-driven products, Declaration is
based in McLean, Virginia, U.S.A.
Talk to Us
Toronto Hong Kong
MFC Global Investment Management (Canada) MFC Global Investment Management (Asia)
200 Bloor St. E., NT-6 47/F, Manulife Plaza
Toronto, Ontario The Lee Gardens
M4W 1E5 33 Hysan Avenue
Canada Causeway Bay, Hong Kong
Phone: (416) 852-2204 Phone: (852) 2910-2600
MFC Global Investment Management (U.S.), LLC. MFC Global Investment Management (Japan) Limited
101 Huntington Ave, Kyobashi TD Building 7F
Boston, MA. 02199 1-2-5 Kyobashi, Chuo-ku, Tokyo 104-0031
United States Japan
Phone: (617) 375-1500 Phone: (81) 3-5204-5540
MFC Global Investment Management (Europe) Limited
10 King William Street
Phone: (020) 7256-3500
MFC Global Investment Management®
MFC Global Investment Management® ('MFC GIM') is the asset management division of Manulife Financial. MFC GIM’s diversified group
of companies and affiliates provide comprehensive asset management solutions for institutional investors, investment funds and individuals in
key markets around the world. This investment expertise extends across a full range of asset classes including equity, fixed income and alternative
investments such as oil & gas, real estate, timber, farmland, as well as asset allocation strategies. MFC GIM has investment offices in the
United States, Canada, the United Kingdom, Japan, Hong Kong, and throughout Asia. Additional information about MFC GIM may be found at
www.mfcglobal.com. MFC Global Investment Management®, Manulife and the block design are trademarks of The Manufacturers Life Insurance
Company and are used by it and its affiliates including Manulife Financial Corporation.
The opinions expressed are those of MFC Global Investment Management® as of February 2009, and are subject to change based on market
and other conditions. Neither Manulife Financial, MFC Global Investment Management®, nor any of their affiliates or representatives is providing
tax, investment or legal advice. Past performance does not guarantee future results. This material was prepared solely for informational purposes,
does not constitute an offer or an invitation by or on behalf of MFC GIM to any person to buy or sell any security and is no indication of trading
intent in any fund or account managed by MFC GIM.