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Manulife Investment Management adds portfolio manager to Core and Core Plus Bond strategies to sustain and build on recent growth


Manulife Investment Management adds portfolio manager to Core and Core Plus Bond strategies to sustain and build on recent growth
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TSX/NYSE/PSE: MFC     SEHK: 945
BOSTON, April 8, 2021 /PRNewswire/ - After an extensive review and selection process, Manulife Investment Management is pleased to announce the addition of Pranay Sonalkar to the portfolio management team for the Core and Core Plus Fixed-Income strategies. Pranay joins Howard C. Greene, CFA, and Jeffrey N. Given, CFA both 25-plus-year industry veterans as an associate portfolio manager on the strategies, including subadvised management of several John Hancock funds such as: John Hancock Bond Fund, John Hancock Investment Grade Bond Fund and John Hancock Corporate Bond ETF. ....

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Touchstone Investments Announces Purchase Agreement to Acquire Select Retail Mutual Fund Business Assets from AIG Life & Retirement


Touchstone Investments Announces Purchase Agreement to Acquire Select Retail Mutual Fund Business Assets from AIG Life & Retirement
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CINCINNATI, Feb. 8, 2021 /PRNewswire/  Touchstone Investments and AIG Life & Retirement, a division of American International Group, Inc. (NYSE: AIG), announced today that Touchstone Investments, a wholly owned subsidiary of Western & Southern Financial Group, has agreed to acquire select assets of AIG Life & Retirement s Retail Mutual Funds business.
AIG s Retail Mutual Funds business manages $7.8 billion in assets across 18 mutual funds as of Dec. 31, 2020. Under the terms of the purchase agreement, 12 of those funds – with approximately $7.5 billion in assets – will be reorganized and merged into either existing Touchstone funds or into newly created Touchstone funds. After the reorganizations, the funds will be advised by Touchstone Advisors, Inc. ....

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