Manulife Buys Investment Adviser Optique Capital

Law360, New York (February 14, 2011, 7:43 PM EST) -- Manulife Financial Corp.'s global asset management arm said Monday it acquired Milwaukee-based investment adviser Optique Capital Management Inc. in a move enhancing Manulife's international value equity capabilities.

Manulife Asset Management said it closed the deal Friday, but did not reveal specific terms of the acquisition.

As of Dec. 31, Optique's mutual fund and separate account assets under management were about $800 million in assets, according to Manulife, which operates as Manulife Financial in Canada and Asia, and primarily as John Hancock in the U.S.

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