Brompton Funds

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Portfolio Manager: Manulife Asset Management™
  • A top-ranked portfolio manager of global income oriented investments with extensive experience in investment grade and high yield and fixed income.
  • Manulife Asset Management is the institutional investment arm of Manulife Financial, and is a manager of income-oriented investments with extensive experience in income trusts, dividend-paying equities and both high-yield and investment grade fixed income investments. Manulife Asset Management managed $121 billion in assets as of September 30, 2010.
MFC Global Investment Management

Mr. Wicks' team managed approximately $8.5 billion as at September 30, 2010 across 20 separate investment mandates, which includes approximately $1 billion in oil and gas securities.

Mr. Terry Carr, who heads Manulife Asset Management's Canadian fixed income team, is responsible for investing the fixed income portion of the portfolio. Mr. Carr's fixed income team consists of 12 members with average experience of 14 years and managed total assets of approximately $16.1 billion as at September 30, 2010.

 

Portfolio Management Team

Terry Carr, BA, CFA (Vice President and Managing Director)
Mr. Carr is a senior member of the Manulife Asset Management'sInvestment Committee and heads Manulife Asset Management's Fixed Income and Money Market desks in Canada, which manage North American fixed income mandates, including government, corporate, high yield bonds, and money market instruments. He joined MFC Global in 2002 after previously working for Manulife Financial for nearly a decade, as well as holding senior investment positions with one of Canada's chartered banks and in the hedge fund industry. He has 23 years of investment experience managing fixed income portfolios. Mr. Carr holds a Bachelor of Business Administration from York University and is a CFA Charterholder.


Hosen Marjaee, MBA, CFA (Vice President and Senior Portfolio Manager)
Mr. Marjaee plays an active senior role in a significant proportion of Manulife Asset Management's fixed income products. He is responsible for developing investment strategy with a focus on duration and yield curve management, portfolio structure and market posture. He also oversees investments in government bonds. Previously, Mr. Marjaee lectured at York University's Schulich School of Business. Mr. Marjaee joined MFC Global Investment Management in August 2005 and has 25 years of investment management experience. He has a Bachelor of Science in Mechanical Engineering from Fairleigh Dickinson University in New Jersey, plus a Bachelor of Engineering and a Master of Business Administration degrees from McGill University in Montreal and is a CFA charterholder.


Konstantin Kizunov, BA, MBA, CFA (Assistant Vice President and Portfolio Manager)
Mr. Kizunov is a member of Manulife Asset Management's High-Yield team and is responsible for the selection, trading and monitoring of high yield and convertible securities for both MFC Global assets and third party money. Mr. Kizunov joined MFC Global Investment Management in 1996. He has a bachelor of arts from the University of Western Ontario and a Master of Business Administration from Simon Fraser University, and is a CFA Charterholder.


Richard Kos, MBA, BASc, CFA (Assistant Vice President and Portfolio Manager)
Mr. Kos is a member of the Manulife Asset Management's High-Yield team and is responsible for the selection, trading and monitoring of high yield and convertible securities for both MFC Global assets and third party money. Mr. Kos joined MFC Global in 2004 and has worked in the investment industry since 1996. Previously, he worked as an analyst in high-yield bonds, food, alcohol & tobacco, and portfolio analytics with a major Canadian financial institution. Mr. Kos has a Master of Business Administration from the Richard Ivey School of Business, University of Western Ontario, and a Bachelor of Applied Science in chemical engineering from the University of Toronto, and is a CFA Charterholder.
Investment Approach

Manulife Asset Management Approach to Corporate Bonds:

  1. Conservative approach with upside potential

    2. - Take advantage of high spreads in investment grade and high yield bonds
    - Minimize default risk – higher credit quality and well diversified
  2. Focus on best opportunities on a risk/return basis
  3. Reduce interest rate risk – low duration
  4. By buying corporate bonds at significant discounts in current environment, investors are expected to earn high current income and have opportunity to realize significant capital gains.