Endre Pederson was named chief investment officer, global emerging market fixed income, at Manulife Investment Management.
The position is new, a spokeswoman said in an email. Based in London, Mr. Pederson will lead the money manager's newly dedicated $46 billion emerging markets fixed-income team and reports to John Addeo, CIO, global fixed income.
Mr. Pederson was previously deputy CIO, global fixed income and CIO, fixed income, Asia ex-Japan, and will continue in those responsibilities.
As of March 31, Manulife Investment Management had $608 billion in assets under management and administration.