Thursday, June 20 2013 12:05 AM EDT2013-06-20 04:05:36 GMT
(WMC-TV) - The Memphis Fire Director is inflamed about the budget plan to slash 400 city jobs. He warns public safety will be impacted. The plan calls for cutting some 400 positions, through attritionMore >>
The Memphis Fire Director is not happy about the budget plan to slash 400 city jobs. He warns public safety will be impacted. More >>
Wednesday, June 19 2013 10:33 PM EDT2013-06-20 02:33:16 GMT
(WMC-TV) - Some Shelby County residents experienced a sudden storm complete with pouring rain, winds, and hail. According to Action News 5 meteorologists, isolated showers are still possible over theMore >>
Some Shelby County residents experienced a sudden storm complete with pouring rain, winds, and hail. According to Action News 5 meteorologists, isolated showers are still possible over the next couple of hours but some areas will remain dry.More >>
Wednesday, June 19 2013 9:40 PM EDT2013-06-20 01:40:13 GMT
(WMC-TV) - Paychecks for all teachers in DeSoto County Schools are expected to be fatter next year, without making taxpayer pockets any lighter. DeSoto County School Board President Ann Jolley told ActionMore >>
Paychecks for all teachers in DeSoto County Schools are expected to be fatter, without making taxpayer pockets any lighter.More >>
Wednesday, June 19 2013 7:34 PM EDT2013-06-19 23:34:41 GMT
(WMC-TV) - As the Memphis City Council spends hours deciding on a way to solve the city's budget crisis, appetites are sure to grow. Everyone has to eat right? But who should be paying for it? ActionMore >>
As the Memphis City Council spends hours deciding on a way to solve the city's budget crisis, appetites are sure to grow.More >>
Wednesday, June 19 2013 7:31 PM EDT2013-06-19 23:31:05 GMT
(WMC TV) - The Better Business Bureau of the Mid-South and the Tennessee Secretary of State confirmed a mailing that appears to be a corporate tax notice from a company named Corporate Records ServiceMore >>
An unsolicited request for annual report fees is actually a scam.More >>
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SOURCE Manulife Asset Management
-- Expands global equity capabilities with seasoned portfolio managers
-- Follows series of acquisitions in International Value, U.S. Core/Value, U.S. Large Cap Growth and Canadian Core Equity Managers over the past two years
BOSTON, March 20, 2013 /PRNewswire/ -- Manulife Asset Management has expanded its global equity capabilities by naming Paul Boyne and Doug McGraw to lead a new team managing a global equity strategy for institutional clients and certain wealth management businesses of Manulife Financial and John Hancock. They will report to Christopher Conkey, Chief Equity Investment Officer of Manulife Asset Management.
"Paul and Doug expand and strengthen Manulife Asset Management's investment capabilities and complement our global footprint. Their fundamentally-oriented investment process and diligent risk management practices represent a strong cultural fit with our expanding equity investment franchise," said Mr. Conkey.
Both Mr. Boyne and Mr. McGraw will be Senior Portfolio Managers. Most recently, since 2008, they served as senior fund managers for a global equity team at Invesco Perpetual in the United Kingdom. Their approach to Global Equity employs an unconstrained bottom-up stock selection process based on disciplined fundamental research, with the aim to create a diversified portfolio of quality global stocks that demonstrate compelling value and generate sustainable cash flows.
This approach has led to proven performance results. In Q3 2012, eVestment ranked the global equity strategy headed by Mr. Boyne and Mr. McGraw in the top decile over the last two and three years when evaluated in the Global All Cap Core universe. Additionally, in the Morningstar Europe OE Global Large-Cap Blend Equity Category as of the Q3 2012, the strategy ranked in the top quartile over the one year and top one percent in the two and three year time periods.
Prior to Invesco, Mr. Boyne was Deputy Chief Investment Officer and Head of Global Equities at the Bank of Ireland, conducting portfolio oversight across all regions. Before this, he spent 12 years at Morgan Stanley Investment Management, becoming Managing Director and senior portfolio manager for global value equity; his career also included six years as an accountant with Grant Thornton International. Mr. Boyne holds a postgraduate (MBS) Diploma from Michael Smurfit Graduate School of Business, University College, Dublin and is a Fellow of the Association of Chartered Accountants.
Mr. McGraw was previously an Executive Director and portfolio manager for global value equity at Morgan Stanley Investment Management. He holds a B.S. in Finance from Miami University and an M.B.A. from the University of Notre Dame.
The creation of Manulife Asset Management's new Global Equity team follows a series of recent additions of investment managers. Most recently a Canadian Core Equity team was launched by Monika Skiba, CFA in October 2011. In July 2011, a group of investment management professionals led by W. Shannon Reid, CFA, added U.S. Large Cap Growth capabilities. In February 2011, the former Optique Capital team led by Wendell L. Perkins, CFA, joined to deepen the firm's International Value Equity capabilities. In January 2011, veteran investment managers Walter T. McCormick, CFA, and Emory W. (Sandy) Sanders, Jr., CFA, joined Manulife Asset Management to lead a new U.S. Core Value Equity team.
About Manulife Asset Management Manulife Asset Management is the global asset management arm of Manulife Financial. Manulife Asset Management provides comprehensive asset management solutions for institutional investors and investment funds in key markets around the world. Manulife Asset Management also provides investment management services to affiliates' retail clients through product offerings of Manulife and John Hancock. This investment expertise extends across a broad range of asset classes including equity, fixed income and alternative investments such as real estate, timber, farmland, as well as asset allocation strategies.
Manulife Asset Management has offices with full investment capabilities in the United States, Canada, the United Kingdom, Japan, Hong Kong, Singapore, Taiwan, Indonesia, Thailand, Vietnam, Malaysia, and the Philippines. In addition, it has a joint venture asset management business in China, Manulife TEDA. It also has operations in Australia, New Zealand, Brazil and Uruguay. John Hancock Asset Management, Hancock Natural Resource Group and Declaration Management and Research are units of Manulife Asset Management. As at December 31, 2012, assets under management were C$237.6 billion. Additional information about Manulife Asset Management can be found at ManulifeAM.com.
About Manulife Financial
Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Clients look to Manulife for strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were C$532 billion (US$535 billion) as at December 31, 2012. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at manulife.com.
Wednesday, June 19 2013 11:17 AM EDT2013-06-19 15:17:18 GMT
(WMC-TV) - A woman was shot in the eye early Wednesday morning. She was taken to The MED in critical condition. Police responded to the shooting around 12:40 a.m. Where the shooting happened is not beingMore >>
A woman was shot in the eye early Wednesday morning. She was taken to The MED in critical condition.More >>
Tuesday, June 18 2013 4:44 PM EDT2013-06-18 20:44:40 GMT
(WMC-TV) - Thousands of people from across the country took to swimming pools Tuesday in an attempt to beat the world record for the world's largest swimming lesson. The City of Memphis joined in theMore >>
Thousands of people from across the country took to swimming pools Tuesday in an attempt to beat the world record for the world's largest swimming lesson.More >>
Wednesday, June 19 2013 6:10 PM EDT2013-06-19 22:10:15 GMT
(WMC-TV) - A Bartlett police officer is under investigation for assaulting his own wife Sunday, according to officials. Quentin Crowley was arrested after a verbal altercation that turned physical. HeMore >>
Two Bartlett police officers are off the job and under investigation for suspected abuse.More >>
Wednesday, June 19 2013 1:32 PM EDT2013-06-19 17:32:07 GMT
(WMC-TV) - With the third and final reading scheduled for later Tuesday evening, the battle over the budget rages at city hall. "There are no easy answers to this," said Mayor A C Wharton after a livelyMore >>
The city's administration proposed an amended budget which members voted on throughout the meeting.More >>
Wednesday, June 19 2013 6:47 PM EDT2013-06-19 22:47:49 GMT
(WMC-TV) - Time is running out for more than 100 cats at Memphis' Mewtopia Cat Rescue to find homes. Staffers at the rescue shelter are scrambling to find another place to house its animals after losingMore >>
An organization famous for rescuing cats is now in need of a rescue of its own.More >>
Tuesday, June 18 2013 11:46 PM EDT2013-06-19 03:46:39 GMT
(WMC-TV) - A Memphis police officer is charged with driving under the influence after refusing to submit a BAC test, according to police. Two police officers noticed a Hummer swerving and nearly hittingMore >>
A Memphis police officer is charged with driving under the influence after refusing to submit a BAC test, according to police.More >>
Tuesday, June 18 2013 6:14 PM EDT2013-06-18 22:14:48 GMT
(WMC-TV) - A woman who worked in the school system for years says she may out of a job as a result of low enrollment numbers. Marilyn Davis' story is similar to many in the school system. She has beenMore >>
A woman who worked in the school system for years says she may out of a job as a result of low enrollment numbers.More >>
Tuesday, June 18 2013 6:59 PM EDT2013-06-18 22:59:05 GMT
(WMC-TV) - Southaven Mayor Greg Davis is leaving office early with extra money. But where is it coming from? The money comes from the state's retirement system. Mayor Davis plans to leave his officeMore >>
Southaven Mayor Greg Davis is leaving office early with extra money. But where is it coming from?More >>
Tuesday, June 18 2013 7:48 PM EDT2013-06-18 23:48:44 GMT
(WMC-TV) - A U.S. Marshals Service task force was going door-to-door in a California community Tuesday asking residents for help finding a fugitive Mid-South couple, according to NBC Los Angeles. JanetMore >>
A U.S. Marshals Service task force was going door-to-door in a California community Tuesday asking residents for help finding a fugitive Mid-South couple, according to NBC Los Angeles.More >>