Christoph Schumacher was named global head for real assets and private markets at Manulife Investment Management effective Monday, a spokeswoman said.
The role is new. Mr. Schumacher is responsible for the firm's private real assets strategy and operations globally.
Mr. Schumacher oversees $42.9 billion in assets under management and leads Manulife's real asset teams, reporting to global head of private markets Steve Blewitt.
As part of the role Mr. Schumacher will relocate to Boston from Zurich. The spokeswoman did not comment on the date of the move.
"Christoph shares our vision to unify and collectively grow our global real assets business," Mr. Blewitt said in a news release Monday. "As more of our clients seek solutions across a broad range of alternative asset classes, Christoph's acumen and experience will help ensure Manulife Investment Management continues to meet our clients' needs and help drive strong investment performance over the long-term."
Mr. Schumacher was most recently global head of real estate and managing director at Credit Suisse Asset Management in Zurich. A spokesman could not be reached to provide details of his replacement.
