Canadian Core Fixed Income

The strategy offers dynamic and diversified exposure to the core Canadian bond investment universe while seeking enhanced total return opportunities through taking an active approach to credit quality and sector allocation, security selection, and yield curve management.

 

Philosophy

The team believes that there are persistent pockets of value in the fixed-income market. Thorough credit and yield curve analysis enables us to identify and target these pockets of value in the pursuit of attractive long-term returns while minimizing downside risk. Within this conservative framework, we take a creative, collaborative approach to generate innovative investment ideas and enhance our portfolio management techniques.

Managed by

Roshan Thiru, CFA

Head of Canadian Fixed Income

Roshan leads the Canadian fixed income team at Manulife Investment Management and is responsible for the Toronto- and Montreal-based fixed income and money market teams. Previously, he was a senior portfolio manager and senior fixed-income analyst. Prior to joining the company, he was a lead analyst with DBRS, covering the energy, project finance, and utilities sectors. Before that, he worked as an institutional credit risk manager at RBC Financial and as an analyst at Foyston, Gordon & Payne. Roshan holds the Certified Financial Analyst designation.

  • Education: B.A. in Economics, McMaster University; diploma in accounting, Wilfrid Laurier University; M.B.A., University of Windsor
  • Joined the company: 2008
  • Began career: 2000 
Roshan Thiru, CFA

Andrew Gretzinger, CFA, DMS

Portfolio Manager, Canadian Fixed Income

Andrew is a managing director and portfolio manager at Manulife Investment Management. He’s co-manager of several balanced income funds, core and core-plus strategies, the bond component of a Canadian mortgage fund, and several separately managed accounts. Andrew also oversees currency overlays and interest-rate derivative positions for numerous client mandates, and provides economic commentary and analysis of the North American economy to internal and external audiences, acts as a media spokesperson for the company in this same regard, and is a key contributor to the team’s overall fixed-income strategy. Andrew started at the company as a high-yield and convertible securities analyst and, since then, has held positions requiring progressively more responsibility. Before Manulife, he worked as an economist at the Bank of Nova Scotia. Andrew holds the Chartered Financial Analyst and Derivative Market Specialist designations.

  • Education: B.A. in Economics, Brock University; M.A. in Economics, University of Western Ontario
  • Joined the company: 2001
  • Began career: 1997
Andrew Gretzinger, CFA, DMS

Vehicles

At Manulife Investment Management, we offer investment strategies through a variety of vehicles to suit a broad range of client needs. Contact our institutional sales or consultant relations team to find out if this strategy/vehicle is offered in your region. 

  • Separate accounts

    Our separate accounts and separately managed accounts (SMAs) are designed for institutions and high-net-worth clients seeking tailored investment solutions and direct ownership of securities. 

  • CITs

    Our professionally managed collective investment trusts (CITs) are available in certain qualified retirement plans.

  • Mutual funds

    Mutual funds are liquid, professionally managed portfolios which are available to both institutional and retail investors.


Key facts

  • Inception date

    January 2003

  • Strategy AUM (CAD)

    $6.59 billion

  • Benchmark

    FTSE Canada Universe Bond Index

  • Style

    Multidiscipline

  • Average portfolio manager experience

    22 years

Important disclosures

All information shown is as of September 30, 2020, unless otherwise indicated. Strategy-level information may differ from vehicle-specific information. Not all vehicles are available in all locations and may be offered through affiliates of Manulife Investment Management.


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