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Manulife Investment Management completes acquisition of CQS to accelerate growth in global wealth and asset management

Apr 03, 2024

Acquiring Company

Manulife Investment Management

Acquired Company

CQS

TorontoLondonFinancial ServicesFinanceFinancial ServicesFinanceFintechLending

Description

Manulife Investment Management has successfully closed the acquisition of multi-sector alternative credit manager CQS. This strategic acquisition accelerates the growth of Manulife Investment Management as a leading global wealth and asset manager, providing income solutions across the credit spectrum to retail, institutional, and retirement investors.

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Company Information

Company

Manulife Investment Management

Location

Toronto, Ontario, Canada

About

Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 18 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We're committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement.

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Frequently asked

Who acquired CQS?

CQS was acquired by Manulife Investment Management, based in Toronto. The deal was reported on April 3, 2024. Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation. Manulife Investment Management is privately held and operates in Financial Services.

When did Manulife Investment Management acquire CQS?

Manulife Investment Management's acquisition of CQS was reported on April 3, 2024. Manulife Investment Management has successfully closed the acquisition of multi-sector alternative credit manager CQS. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CQS do?

CQS is a multi-sector alternative credit manager with a 20+ year history of managing research-driven credit strategies over multiple market cycles. It is privately held, operating in Financial Services, and is based in London.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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