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John Addeo named portfolio manager for Manulife Asset Management

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John Addeo has been named managing director and portfolio manager on the Manulife Asset Management high yield team.



Addeo, whose appointment is effective immediately, will be based in Boston and report to managing director Dennis McCafferty who heads the high yield team.

"We’re very pleased to add John to our organisation. He is a value oriented fundamental investor with more than twenty years experience investing across the entire capital structure and credit spectrum," says Barry Evans, chief fixed income officer, Manulife Asset Management. "He has a deep knowledge of the high yield market as well as a strong focus on risk management and capital preservation. At a time when investors are casting a wider net to find yield in the fixed income space, his addition further strengthens the depth and breadth of our already high-performing high yield team."

Before joining Manulife Asset Management, he had been an analyst and portfolio manager with MFS Investment Management, helping to manage several billion dollars in high yield institutional and investment fund assets. Before MFS, Addeo worked at Eaton Vance and Keystone Investments.

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