Manulife Asset Management, part of Canada-based , has appointed Scott Eversole as managing director for its institutional sales team; he is based in San Francisco.

Eversole reports to Frank Saeli, who is senior managing director and head of US sales and relationship management. The appointment is with immediate effect. Eversole is responsible for institutional asset management sales in the western side of the US.

Most recently, Eversole was director and principal at McKinley Capital Management, where he was responsible for direct sales and client service to the institutional marketplace in the western US.

As at June 30, MAM had total assets under management of C$260 billion ($247 billion).