By Lynda Kiernan-Stone, Global AgInvesting Media
Manulife Investment Management announced the launch of the Manulife Real Asset Investment Fund – a vehicle through which accredited Canadian investors can gain exposure to a mixture of global private and public real asset investment opportunities.
Managed by Manulife’s Multi-Assets Solutions Team, headed by Eric Menzer, senior portfolio manager, global head of OCIO and fiduciary solutions, the fund will open to quarterly subscriptions this May.
“By providing innovative access to investments in real estate, timber, farmland, infrastructure, and other private assets, as well as public market allocations, this fund creates a value-added solution for clients,” commented Leo Zerilli, head of wealth and asset management, Canada.
With C$154 billion (US$122.4 billion) in private assets under management, Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation.
From its headquarters in Toronto, Canada, the group’s more than 95 years of experience in public and private markets backs an investment footprint touching 18 separate geographies on behalf of both institutional clients and the Manulife General Account. Through its global frameworks for sustainable investing, Manulife also offers access to a network of unaffiliated asset managers.
Meanwhile, in the U.S….
In Mid-November 2021 Hancock Natural Resources Group (HNRG), a company of Manulife Investment Management, fully adopted the Manulife Investment Management brand as part of a campaign to align Manulife’s businesses under a single banner. As one of the largest ag real estate managers in the U.S., HNRG (now Manulife) was the first institutional farmland manager in the U.S. to offer offshore investment options.
It has a portfolio of more than $4 billion in farmland assets across the U.S., Chile, Quebec and Alberta, Canada, and New South Wales, Queensland, South Australia, and Victoria, Australia, and is the world’s largest institutional timberland investment manager with $10.8 billion in AUM across Australia, Chile, Canada, New Zealand, and the U.S.
At the time, Manulife IM, which manages a combined $835 billion in AUM, noted that the move further enables the group to better integrate its specialist capabilities with its mainstream, traditional investment activities.
– Lynda Kiernan-Stone is editor with GAI Media, and is managing editor and daily contributor for Global AgInvesting’s AgInvesting Weekly News and Agtech Intel News, as well as HighQuest Group’s Oilseed & Grain News. She can be reached at lkiernan-stone@
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