Manulife Asset Management has transferred the management of three portfolios to an active U.S. equity team, Pensions & Investments reports. The core and value equity team, headed by Walter McCormick and Emory Sanders, will oversee the portfolios with $1.8 billion in combined assets. Previously, the portfolios were managed by a Manulife quantitative team based in Toronto. The portfolios include the $1.23 billion Optimized All Cap Trust, the $189 million Optimized Value Trust and the $335 million Optimized Value Fund.
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