In a reflection of its growing private markets business, and the rising interest for real asset investments, John Hancock Investment Management's parent, Toronto-based Manulife Investment Management, has created a post of global head of real assets, private markets.
Long-time German financial executive Christoph Schumacher will fill it, with the responsibilities of defining the firm's private real assets strategy and managing the operations and development, launch, and growth of investment solutions for clients across the globe.
The heads of each of Manulife's real asset teams will report directly to him.
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