Global Real Estate

The strategy invests in real estate companies in developed markets, seeking income and long-term capital appreciation by analyzing both macro- and microeconomic input to target companies where economic conditions are stable or improving.

Philosophy

The team seeks to invest in undervalued real estate companies that provide sustainable cash flows and earnings growth. These attributes may lead to increasing income generation and capital appreciation. Most attractive are companies that have the following: business models with the potential to generate high returns; sustainable and/or growing income yield; management teams that have previously created value; and operations in markets with favorable real estate fundamentals.

Managed by

Joseph P. Marguy

Portfolio Manager, Capital Appreciation

Joseph is a director and portfolio manager at Manulife Investment Management, providing dedicated research for the financial institutional team’s regional bank and financial industries strategies, and he’s also the portfolio manager of the global real estate strategy. Earlier in his career, Joseph was an investment analyst with the company’s risk management area, responsible for attribution and risk exposure reports for our investment teams. Joe began his career at Chase Global Financial Services.

  • Education: B.S. in Finance, Bryant College; M.B.A, Bentley College
  • Joined the company: 1999
  • Began career: 1996
Joseph P. Marguy

Susan A. Curry

Senior Portfolio Manager, Capital Appreciation

Susan is head of the Capital Appreciation team, the lead portfolio manager of the Financial Industries strategy, and a portfolio manager of the Bank Opportunities strategy. In addition to her portfolio management responsibilities, she provides fundamental research on the financial sector for all diversified strategies managed by the Capital Appreciation team. Prior to joining Manulife Investment Management in 2004 as an investment analyst, Susan worked as a portfolio officer for Manulife’s private client group. She began her career at Fidelity Investments, where she served as a research analyst.

  • Education: B.A. in Economics, University of Massachusetts; M.S. in Finance, Brandeis University
  • Joined the company: 1998
  • Began career: 1993

 

Susan A. Curry

Ryan P. Lentell, CFA

Portfolio Manager, Capital Appreciation

Ryan is the lead portfolio manager of the Bank Opportunities strategy, a portfolio manager of the Financial Industries strategy, and a member of the Capital Appreciation team, providing fundamental research on the financial sector for all diversified strategies managed by the team. Prior to joining the company in 2008 as an investment analyst, he was a senior equity analyst at Morningstar. Previously, he was a vice president at The Lentell Group, an investment advisory firm. Ryan began his career at PricewaterhouseCoopers, where he served as a consultant. Ryan holds the Chartered Financial Analyst designation.

  • Education: B.S. in Systems Engineering, University of Virginia; M.B.A., University of Notre Dame, Mendoza College of Business
  • Joined the company: 2008
  • Began career: 1999
Ryan P. Lentell, 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.

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Important information

The material contains information regarding the investment approach described herein and is not a complete description of the investment objectives, risks, policies, guidelines or portfolio management and research that supports this investment approach. Any decision to engage Manulife Investment Management should be based upon a review of the terms of the prospectus, offering documents or investment management agreement, as applicable, and the specific investment objectives, policies and guidelines that apply under the terms of such agreement. There is no guarantee investment objectives will be met. The investment process may change over time. The characteristics set forth above are intended as a general illustration of some of the criteria the strategy team considers in selecting securities for client portfolios. Client portfolios are managed according to mutually agreed upon investment guidelines.

This information has been provided by Manulife Investment Management. All material is compiled from sources believed to be reliable and correct but accuracy cannot be guaranteed. This is not to be construed as an offer to buy or sell any financial instrument nor does it constitute an offer or invitation to invest in any fund managed by Manulife Investment Management and has not been prepared in connection with any such offer. This information does not constitute, and should not be construed as, investment advice or recommendations with respect to the securities and sectors listed.

References to securities, transactions or holdings should not be considered a recommendation to purchase or sell a particular security and there is no assurance that, as of the date of publication, the securities remain in the portfolio. Additionally, it is noted that the securities or transactions referenced do not represent all of the securities purchased, sold or recommended during the period referenced and there is no guarantee as to the future profitability of the securities identified and discussed herein.

The indices cited are widely accepted benchmarks for investment performance within their relevant regions, sectors or asset classes, and represent non managed investment portfolio.