Manulife fund targets Asian currency debt

23 Sep 2009

MFC Global Investment Management, the asset management arm of insurer Manulife, has launched a new Asian credit fund highlighting Asian currency bonds as an attractive investment, the fund’s managers told EuroWeek on Thursday.

Victoria Ip-Cheung and Endre Pedersen, the managers of the Asia Total Return Fund, are investing mainly with money provided by Manulife, but they are ready to take external funds. The pair declined to say how much Manulife had provided, but they plan to build a war chest of ...

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