Print this article

Canadian Fund Manager Signs Fund Distribution Deal

Tom Burroughes

12 June 2008

Canada-based Manulife Mutual Funds has reached an agreement which will allow it to exclusively offer a family of mutual funds sub-advised by Mawer Investment Management's investment management team.

The arrangement allows Manulife to launch new mutual funds and segregated funds, subject to regulatory approval, to complement its Manulife Tax-Managed Growth fund and Manulife World Investment class, plus offer a broader family of funds sub-advised by Mawer Investment Management for distribution through independent financial advisors.

Mawer Investment Management, a Canadian firm, has been managing portfolios for individual and institutional investors for more than three decades.

Manulife Investments is the brand name describing certain Canadian subsidiaries and operating divisions of Manulife Financial Corporation that offer personal wealth management products and services in Canada.