The New Mexico Public Employees Retirement Association has selected Manulife Asset Management for a global core-plus fixed income mandate worth $230 million.
The New Mexico Public Employees Retirement Association (PERA) has selected Manulife Asset Management for a global core-plus fixed income mandate worth $230 million. The $11.8 billion retirement association completed the funding of the mandate in April 2011.
Manulife’s strategic income team will handle the fixed income portfolio. The team is led by Daniel Janis and Thomas Goggins.