Manulife Asset Management has acquired the assets of Optique Capital Management of Milwaukee, Wisc. Terms of the deal were not disclosed, but the companies did say that Optique has $800 million in mutual fund and separately managed account assets under management.

Eight members of the former Optique team will join Manulife to form a new equity team. They will be led by Wendell L. Perkins, senior managing director and senior portfolio manager; and Margaret A. McKay and Edward T. Marraccini, both managing directors and portfolio managers. The team will report to Manulife Asset Management Chief Investment Officer, Global Equities Christopher P. Conkey.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.