Manulife AM names first Asia head of asset allocation

Manulife Asset Management has hired Sarah Lu from Axa Rosenberg Investment Management Asia-Pacific in a newly created role as head of asset allocation for Asia. This is the first time a member of its global asset allocation arm – the 20-strong portfolio solutions group (PSG) – will be located in the region. It already has a presence in the US, Canada and UK. Lu started this week and will be based in Hong Kong, although she is undergoing training in Boston now to better understan…