Manulife Investments, a division of Toronto-based Manulife Asset Management Ltd., on Wednesday introduced two new global equity mutual funds.
Manulife Global Thematic Opportunities Fund and Manulife Global Thematic Opportunities Class invest in companies set to benefit from “megatrends,” or widespread social, economic, political, environmental or technological changes, the company says in a news release.
Hans Peter Portner, who heads the thematic equities team of Switzerland-based Pictet Asset Management (PAM), and Gertjan Van Der Geer, a senior investment manager on the PAM thematic equities team, will subadvise the funds.
“Pictet Asset Management is a true leader in the thematic investing space with a proven track record of uncovering opportunities that capitalize on the megatrends and themes that shape our world,” said Bernard Letendre, Manulife Investments’s head of wealth and asset management, Canada. “This strategic relationship reaffirms Manulife’s commitment to offering best of class differentiated investment solutions and provides us the opportunity to bring this strategy to Canada.”