BOSTON, July 21, 2014 /PRNewswire/ -- Manulife Asset Management has expanded its institutional sales team with the addition of Nathaniel L. Hennigar as Managing Director covering a segment of the Midwest region. Mr. Hennigar is based in Boston and reports to Frank Saeli, Head of U.S. Sales and Relationship Management.

"At Manulife Asset Management we have been consistently reinvesting in our business -- broadening our investment platform, and adding resources, depth and talent across the organization," said Mr. Saeli. "We are pleased to welcome Nat to our team and look forward to his contributions to help grow our business."

Mr. Hennigar has 16 years of experience in the investment industry. Prior to joining Manulife Asset Management, he had responsibility for institutional sales and consultant relationships at Batterymarch Financial Management. Before that he was director of institutional sales at Ned Davis Research Group and also held sales positions at Capital IQ and Thomson Reuters. Mr. Hennigar holds a BA from Bowdoin College and an MBA from Boston College.

About Manulife Asset Management

Manulife Asset Management is the global asset management arm of Manulife Financial, providing comprehensive asset management solutions for institutional investors and investment funds in key markets around the world. This investment expertise extends across a broad range of public and private asset classes, as well as asset allocation solutions. As at March 31, 2014, assets under management for Manulife Asset Management were C$298 billion (US$269 billion).

Manulife Asset Management's public markets units have investment expertise across a broad range of asset classes including public equity and fixed income, and asset allocation strategies. Offices with full investment capabilities are located in the United States, Canada, the United Kingdom, Japan, Hong Kong, Singapore, Taiwan, Indonesia, Thailand, Vietnam, Malaysia, and the Philippines. In addition, Manulife Asset Management has a joint venture asset management business in China, Manulife TEDA. The public markets units of Manulife Asset Management also provide investment management services to affiliates' retail clients through product offerings of Manulife and John Hancock. John Hancock Asset Management and Declaration Management and Research are units of Manulife Asset Management. Additional information about Manulife Asset Management may be found at www.ManulifeAM.com.

About Manulife

Manulife is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Clients look 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. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were approximately C$635 billion (US$574 billion) as at March 31, 2014. 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 can be found on the Internet at manulife.com.

SOURCE Manulife Asset Management