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Top Canadian Growth Fund manager joins MFC Global Investment Management Toronto – Shauna Sexsmith, one of Canada’s leading growth fund managers, has joined MFC Global Investment Management (MFC Global), a Manulife Company, as Vice President and Senior Portfolio Manager. “Shauna’s proven track record and experience as one of the most consistent growth managers in Canada adds another top-performing manager to MFC Global’s stable of investment professionals,” said Donald Guloien, Chairman and CEO, MFC Global. “Hiring Shauna is part of a larger plan to grow our asset management business.” “With Shauna’s addition, we now offer greater breadth of Canadian equity management expertise covering every investment style from value to aggressive growth” said Mark Schmeer, Managing Director, Equities, MFC Global. MFC Global’s North American equity team manages assets in excess of C$7.2 billion. Shauna joins MFC Global from Altamira Management Ltd., where she managed more than C$750 million in assets in both institutional and retail funds, including the Elliott & Page Canadian Equity Fund (formerly known as the E&P Cabot Canadian Equity Fund). In her new capacity, Shauna will continue to be lead portfolio manager of this Fund. MFC Global manages several top-performing Elliott & Page Mutual Funds including the Monthly High Income Fund, Growth Opportunities Fund and the Global Sector Fund. These funds have contributed significantly to the positive net flows into Elliott & Page Mutual Funds, which has been among the top five fund families in each of the last three months (based on net sales for the three months ending August 31, 2002.) About MFC Global Investment Management MFC Global is the new name of the global asset management arm of Manulife Financial, which manages more than C$68 billion in assets worldwide as at June 30, 2002. MFC Global is among Canada’s largest asset management organizations, managing assets in nine countries for Manulife Financial’s insurance and wealth management businesses and for external third party clients. MFC Global has an experienced team of more than 85 investment management professionals with the expertise to take advantage of opportunities in both traditional and emerging markets. Its global research network covers North American, Asian and European issuers, offering clients on-the-ground perspective of foreign markets through professional money management teams located in North America, London, Japan, Hong Kong and Southeast Asia. Manulife Financial is a leading Canadian-based financial services group operating in 15 countries and territories worldwide. Through its extensive network of employees, agents and distribution partners, Manulife Financial offers clients a diverse range of financial protection products and wealth management services. Funds under management by Manulife Financial were Cdn$139.8 billion as at June 30, 2002. Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com. - 30 - All figures are in Canadian dollars. For further information please contact: |
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