Manulife Asset Management Appoints New Member To Global Consultant Relations Team

BOSTON, July 6, 2011 /PRNewswire/ -- Nils C. Hegstad, CFA, has been named Manager, Consultant Relations, at Manulife Asset Management, said Brian Torrisi, Managing Director and Global Head of Consultant Relations.

Based in the Boston office, Mr. Hegstad will support the firm's relationships with investment consultants in the US. He will report to Mr. Torrisi.

"Nils brings a strong background in consultant relations and product management to our team.  We are delighted to welcome him to the firm," said Mr. Torrisi. "We continue to expand our institutional business and know that Nils will play an important role in our growth."

Mr. Hegstad joins Manulife Asset Management from Columbia Management, where he was part of the product management and consultant relations teams. He graduated from Middlebury College with B.A. in Music and History. He is a CFA Charterholder.

About Manulife Asset Management

Manulife Asset Management™ is the global asset management arm of Manulife Financial. Manulife Asset Management and its affiliates provide comprehensive asset management solutions for institutional investors and investment funds in key markets around the world. This investment expertise extends across a full 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. As at March 31, 2011 total assets under management were US$ 217 billion. Additional information about Manulife Asset Management can be found at ManulifeAM.com.

About Manulife Financial

Manulife Financial is a leading Canadian-based financial services group operating in 22 countries and territories worldwide. For more than 120 years, clients worldwide have looked 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 around the world. We provide asset management services to institutional customers worldwide as well as reinsurance solutions, specializing in life and property and casualty retrocession. Funds under management by Manulife Financial and its subsidiaries were $478 billion (US$492 billion) as at March 31, 2011. 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 www.manulife.com.

SOURCE Manulife Asset Management

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