Susan Da Sie is to assume key portfolio management responsibilities for the Manulife Asset Management Canadian Fundamental Equity Team's income-oriented strategies.
In addition, Manulife Investments announced that Walter McCormick will be retiring from the Manulife US Core Value Equity Team.
Da Sie, Senior Managing Director and Senior Portfolio Manager, will assume portfolio management responsibilities for the following funds:
Manulife Canadian Monthly Income Fund (formerly known as Standard Life Monthly Income Fund)
Manulife Canadian Monthly Income Class (formerly known as Standard Life Monthly Income Class)
Manulife Conservative Income Fund (formerly known as Standard Life Diversified Income Fund)
Manulife Canadian Dividend Income Fund (formerly known as Standard Life Dividend Income Fund)
Manulife Canadian Dividend Income Class (formerly known as Standard Life Dividend Income Class)
Manulife Canadian Dividend Growth Fund (formerly known as Standard Life Canadian Dividend Growth Fund)
Manulife Canadian Dividend Growth Class (formerly known as Standard Life Canadian Dividend Growth Class)
Manulife Tactical Income Fund (formerly known as Standard Life Tactical Income Fund)
Manulife Canadian Growth & Income Private Trust
Da Sie succeeds Marie-Eve Savard who has indicated her desire to leave the company. Ms. Savard will remain with the company until the end of February to ensure a smooth transition of her portfolio management responsibilities to Da Sie. The investment philosophy of the funds will not change.
"We would like to thank Marie-Eve for the dedication and high degree of professionalism she has brought to her team and to her mandate," says Derek Saliba, Assistant Vice President, Mutual Funds Product, Manulife Investments. "Susan's experience leading this team and her previous role as head of the equity team at the former Standard Life Investments Inc will ensure a smooth transition for all involved."
Da Sie will partner with Steven Belisle, Senior Portfolio Manager, Equities who currently co-manages these funds. Belisle has a proven track record of managing Canadian income-oriented equities as the lead manager on the 5-star Overall Morningstar rated Manulife Canadian Dividend Income Fund.
Da Sie joined Manulife Asset Management when Standard Life's Canadian operations were acquired by Manulife in January 2015. Da Sie joined the former Standard Life Investments Inc. in 2007 as a Vice-President with the Equity Team, and has 31 years of investment experience.
The fixed income portion of Manulife Canadian Monthly Income Fund, Manulife Canadian Monthly Income Class, Manulife Conservative Income Fund and Manulife Tactical Income Fund will continue to be managed by Jean-Pierre D'Agnillo , Managing Director, Canadian Fixed Income and Terry Carr, Head of Canadian Fixed Income.
