Global fixed income

Our clients around the world depend on us to help generate income and preserve wealth. We take that responsibility to heart, offering diverse strategies built on autonomous teams, strong centralized resources, and a heritage of risk management.

Explore the strategies

 

 

A philosophy built on our

heritage of risk management

 

For more than 150 years, Manulife has been helping clients around the world protect and preserve their assets. That heritage of uncompromising risk management is at the core of what Manulife Investment Management’s global fixed-income team can offer clients today.


Timeline

  1. 1862

    John Hancock Mutual Life Insurance Company founded.

  2. 1887

    The Manufacturers Life Insurance Company founded. Sir John A. MacDonald, Canada’s first Prime Minister, was the Company’s first elected President.

  3. 1973

    Core fixed-income capability launched

  4. 1986

    Global multi-sector bond capability launched

  5. 2004

    Manulife acquires John Hancock, forming a global financial services powerhouse.

  6. 2011

    Manulife Investment Management becomes one of the first companies to enter the Chinese fixed-income market

  7. 2013

    Emerging-market debt capability launched

  8. 2014

    Named one of the Most Astute Investors in Asian Local Currency Bonds for 8th year in a row

  9. 2015

    Fixed income AUM crosses the US$100B mark

Our globally integrated platform leverages local expertise

The 100+ investment professionals that make up the global fixed income team don’t just strive to deliver exceptional results; the team works around the clock to help elevate our entire range of capabilities.

 

A global footprint

More than 140 investment professionals in 15 locations
10 teams around the globe
Managing $168 billion in fixed income assets for clients worldwide
Important information

Source: Manulife Financial Corporation as of 3/31/20 in USD, unless otherwise noted. AUM includes money market, index bonds and absolute return rates assets and excludes liability driven investing (LDI) assets; includes certain equity and fixed income portions of balanced investments. The methodologies used to compile the total assets under management are subject to change.

Strong centralized resources power our research-driven process

Each of our autonomous capabilities leverages the same global platform of robust shared resources, from macroeconomic and risk analysis to credit research and trading. Having a solid base allows our portfolio managers to focus on what they do best: actively pursuing investment opportunities in their areas of expertise.

For illustrative purposes only.

Multidimensional security analysis helps us better identify investment opportunities

Rather than focusing on narrowly defined segments of the credit markets, our research team analyzes securities across multiple dimensions. We believe taking that kind of broader, cross-sectional view allows for a deeper understanding of the risks and opportunities associated with both individual issuers and the markets overall.

Capital structure

  • Floating-rate loans and securitized assets
  • Senior and subordinated bonds
  • Convertibles and preferred equity
  • Common equity
  • Rights and warrants

Quality

  • Government debt
  • Investment grade
  • High yield
  • Distressed/not rated
  • Hybrid/equity

Geography

  • Developed and emerging markets
  • U.S./non-U.S.
  • Asia
  • Latin America
  • EMEA
For illustrative purposes only. Not an offer to buy, sell, or hold specific securities. 

A range of fixed-income solutions

We offer clients a broad range of single- and multi-sector strategies focused on both regional and global opportunities.

Asia Total Return Bond

  • Endre Pedersen
    Endre Pedersen, Senior Portfolio Manager, Chief Investment Officer, Fixed Income, Asia (ex-Japan)
  • Neal Capecci, CFA
    Neal Capecci, CFA, Portfolio Manager, Asia ex-Japan Fixed Income

The strategy takes an unconstrained approach to Asian fixed-income investing, enabling the team to pursue alpha by targeting interest-rate, credit, and currency opportunities in the region’s hard and local currency bond markets. The strategy seeks to deliver strong risk-adjusted returns by maintaining a flexible portfolio that dynamically allocates across sovereign, quasisovereign, and corporate debt.

View strategy details

Explore the strategies

Related viewpoints

China fixed income: a safe haven asset in uncertain times?

The COVID-19 crisis illustrated the low correlation between China bonds and other fixed-income assets, positioning the asset class as a potential safe haven in times of volatility.
Read more

Bond market liquidity and the dash to cash: making sense of the current environment

The massive selling in many segments of the fixed-income market has led to valuations not seen in more than a decade. We take a closer look at the forces in play and the opportunities that have been created.
Read more