Sustainable Asia Bond Strategy

The strategy aims to maximize total returns from a combination of income generation and capital appreciation by investing primarily in fixed-income securities issued by Asian governments, agencies, supranationals, and corporate issuers that demonstrate superior sustainability attributes.

 

Philosophy

The team believes that attractive risk-adjusted returns can be generated by investing in Asian corporate and government bond issuers that demonstrate superior sustainability attributes. The firm’s extensive on-the-ground proprietary Asian credit research and environmental, social, and governance (ESG) capabilities provide the team with an informational advantage over many of their peers.

Managed by

Murray Collis

Deputy Chief Investment Officer, Fixed Income, Asia ex-Japan

Based in Singapore, Murray is Deputy Chief Investment Officer, Fixed Income, Asia ex-Japan, for Manulife Investment Management, leading Singapore-based fixed-income strategies, with oversight of the Singapore-based local fixed-income investment team. He also supports the pan-Asian fixed-income team in the management of pan-Asian strategies. Murray has over 20 years of industry experience, 16 in portfolio management in markets, including London, Hong Kong, and Singapore. Most recently, Murray was the head of Asian fixed income (based in Singapore) for Standish Mellon Asset Management. Prior to that, he spent 16 years with First State Investments covering currencies, global bonds, and credit.

  • Education: B.Com., B.Econ., University of Newcastle, Australia
  • Joined the company: 2016
  • Began career: 1996
Murray Collis

Endre Pedersen

Deputy Chief Investment Officer, Global Fixed Income

Endre is Deputy Chief Investment Officer, Global Fixed Income for Manulife Investment Management, and is lead manager for the company’s pan-Asian fixed-income strategies. Endre has extensive investment experience in developed Asian markets, having managed single and multiple currency funds with exposure to Asian sovereign and corporate debt. Before joining the company, he worked as a senior fixed-income portfolio manager for DBS Asset Management and, prior to this, he was a fixed-income portfolio manager for Hermes Investment Management and F&C Management in London.

  • Education: B.Fin., University of Strathclyde, Strathclyde Business School
  • Joined the company: 2008
  • Began career: 1999
Endre Pedersen

Alvin Ong, CFA

Portfolio Manager, Asia ex-Japan Fixed Income

Based in Singapore, Alvin is a director and portfolio manager for Manulife Investment Management, responsible for managing Singapore-based fixed-income assets, including the Sustainable Asia Bond Strategy.

Alvin joined the firm from AXA Investment Managers (Hong Kong), where he was portfolio manager for Singapore dollar, Japanese yen, and Hong Kong dollar fixed-income portfolios. He began his career with the Monetary Authority of Singapore, where he managed global credit as well as Japanese yen fixed-income portfolios. Alvin holds the Certified Financial Analyst designation.

  • Education: B.A., Nanyang Technological University; M.B.A., Cornell University
  • Joined the company: 2014
  • Began career: 2008
Alvin Ong, CFA

Jimond Wong, CFA, CPA

Portfolio Manager, Asia ex-Japan Fixed Income

Based in Hong Kong, Jimond is a managing director and portfolio manager for Manulife Investment Management. He supports the firm’s pan-Asian bond strategies with an emphasis on Asian credit markets. Before joining the company, Jimond was an executive director with the highly ranked credit research team at UBS Investment Bank, where he focused on high-yield corporate bonds. Prior to that, he worked at UBS proprietary credit trading and subsequently moved to a credit hedge fund seeded by a world-renowned alternative investment manager. Jimond has extensive knowledge of the entire Asian credit spectrum, from public and private placement bonds to special situation and distressed debts. He began his career as an accountant with KPMG. Jimond holds the Certified Financial Analyst and Certified Public Accountant designations.

  • Education: B.B.A., University of Hong Kong; M.B.A., Cornell University
  • Joined the company: 2013
  • Began career: 1998
Jimond Wong, CFA, CPA

Neal Capecci, CFA

Portfolio Manager, Asia ex-Japan Fixed Income

Neal is a managing director and portfolio manager at Manulife Investment Management, working with the fixed-income team. Based in London, Neal is an experienced portfolio manager of multi- and single currency Asia-Pacific bond mandates invested in both sovereign and corporate debt. He supports the pan-Asian bond strategies with an emphasis on Asian local currency debt markets. Before relocating to London, Neal worked for more than eight years at the company’s Hong Kong office. Prior to that, he served as a dedicated analyst and trader for the strategic income and international fixed-income strategies of the company’s Boston office. Earlier in his career, he was an investment associate at State Street Global Advisors in the United States. Neal holds the Certified Financial Analyst designation, and is a member of the CFA Society Boston.

  • Education: B.A. in Economics, College of the Holy Cross; M.B.A., University of Notre Dame
  • Joined the company: 2005
  • Began career: 1999
Neal Capecci, CFA

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

    August 6, 2020

  • Strategy AUM (USD)

    $51.63 million 

  • Benchmark

    J.P. Morgan ESG Asia Credit Index (JESG JACI)

  • Style

    Thematic ESG Asia bonds

  • Average portfolio manager experience

    20 years

  • Expected tracking error

    200 basis points per year, over a rolling three-year period 

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.

The investment strategy/financial product referenced herein promotes environmental and/or social characteristics and fulfils the requirements of Article 8 of the EU Sustainable Finance Disclosure Regulation (SFDR). We have made available the requisite pre-contractual and website disclosures required under SFDR and further information is available upon request.


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