TSX/NYSE/PSE: MFC SEHK:
945
BOSTON and LONDON, June 23,
2023 /PRNewswire/ -- Manulife Investment Management has
announced the appointment of Colin
Purdie, CFA, as new chief investment officer, public
markets. Mr. Purdie will join the firm on December 1, 2023, succeeding Christopher P. Conkey, CFA, who is retiring from
Manulife Investment Management at the end of 2024 after 13 years
with the firm and an esteemed career spanning more than 40 years in
asset management.
Mr. Conkey first joined Manulife in 2010 as the chief investment
officer, global equities. He took on leadership responsibility for
global fixed income in 2013 and the multi-asset solutions team in
2015. In 2017, he was appointed as the firm's global CIO and head
of public markets, serving in this key role and helping to form the
firm's global wealth and asset management segment. His leadership
across all these elements has been a key driver of the growth in
assets managed by public markets.
"We're excited to have Colin join us and are deeply appreciative
of Chris's outstanding contributions to our business. When we built
the global wealth and asset management segment and set its
priorities, it was essential to focus on our clients and their
objectives," said Paul Lorentz,
president and CEO, Manulife Investment Management. "With Chris's
leadership and guidance, we established a foundation of pursuing
consistent returns through both market growth and volatility and
expanded our solutions through organic team builds and acquisitions
while also integrating ESG factors into our listed equity and
fixed-income portfolios."
"I'm proud of what we've delivered to clients over the past 13
years, and I'm confident that Colin will continue to build on the
foundation that's been established for our teams and our
investors," said Mr. Conkey. "We'll work closely together to
establish a deep understanding of where the teams have been and
where they see the best opportunities for the future across asset
classes to meet the evolving needs of our clients."
Mr. Conkey will become a special advisor to the CEO when Mr.
Purdie formally joins Manulife Investment Management. He'll then
focus on the leadership transition and shift to special projects
within public markets and the broader organization for the
remainder of his tenure.
As CIO, public markets, Mr. Purdie will lead the investment team
with responsibility for all aspects of the public markets
investment processes and the investment performance of its equity,
fixed-income, and solutions-oriented strategies. He'll also be
accountable for the development and implementation of the firm's
investment philosophy, risk management approach, and ESG
integration. Mr. Purdie will report to Paul
Lorentz and be based in London.
Commenting on his appointment, Mr. Purdie, said, "I'm honored to
join Manulife Investment Management. The firm is committed to
working with clients on some of the biggest challenges investors
face today. With more than 625 investment professionals—including
one of the largest fixed-income teams in Asia—operating in key
markets around the world, it's well positioned to empower clients'
decision-making and help to build savings and retirement
portfolios, assist with carbon transition goals, and ultimately
help to secure a better tomorrow."
Mr. Purdie will join Manulife Investment Management from Aviva
Investors, where he's worked for more than a decade. At Aviva, he
was most recently chief investment officer, liquid markets, where
he led global teams across credit, equities, multi-asset and macro,
ESG, and trading. He also served as chief investment officer,
credit; global head of investment-grade credit; and portfolio
manager, institutional credit. Prior to that, he worked at Aegon
Asset Management, Charles Stanley
(Sutherlands), and the UK Financial Services Authority. In 2022,
Mr. Purdie was honored with the European CIO of the Year Award from
Funds Europe, with judges recognizing Aviva's ESG integration
measures.
About Manulife Investment
Management
Manulife Investment Management is the global brand for 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 19 geographies. 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.
Not all offerings are available in all jurisdictions. For
additional information, please visit manulifeim.com.
Manulife Investment Management, as of March 31, 2023. Manulife Investment Management's
global investment professional team includes expertise from several
Manulife Investment Management affiliates and joint ventures; not
all entities represent all asset classes.
Media contact, Elizabeth
Bartlett, Manulife, Investment Management,
Elizabeth_Bartlett@manulife.com
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