Strategy
Manulife Adds Global Asset Manager To MPF Network
RCM Asia Pacific Limited, the asset management firm, will
soon be joining
Manulife's investment management network.
Under the agreement, RCM will be administering the insurer's
Mandatory Provident Funds portfolio, which include the management
of a number of mixed asset funds. These cover the Manulife MPF
Aggressive Fund, Manulife MPF Growth Fund, Manulife MPF Stable
Fund, including Manulife Global Select and Manu-Lifestyle.
"The advantage of our multi-manager funds is that we bring
together a range of specialists who between them aim to
consistently produce stable performance through combining
different investment strategies," said
Doris Chan, the head of sales and marketing for employee
benefits at Manulife.
"This enable customers to select a single investment option that
can be diversified across asset classes and investment
styles."
RCM works with many global investors that have wealth protection
needs and has over 20 years of experience in the Hong Kong
retirement business. Manulife is one the largest MPF service
providers in Hong Kong, with a 17.1 per cent market share as of
31 December 2009.