Manulife IM promotes Pedersen to lead new-look EM fixed income business

Local teams integrated in efficiency drive

Mike Sheen
clock • 1 min read

Manulife Investment Management has promoted Endre Pedersen to CIO of global emerging market fixed income, as the firm moves to restructure the $46bn AUM business.

The firm has moved to align capabilities globally and integrate local resources worldwide, following strong growth in recent years for the 66-strong emerging market fixed income business. Manulife IM names Schumacher as new head of real assets Manulife IM said aligning the team "will help to achieve consistent output and delivery across the asset class", with "increased connectivity and collaboration of the teams" providing "greater clarity" on investment strategy, and improved efficiency in meeting product demand and performance needs for clients. CIO of global fixed income Jo...

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