Toronto-based Manulife Asset Management said Friday that Randy LeClair joined the firm effective January 30th.
As a managing director with Manulife Asset Management, the asset management arm of Manulife Financial Corp. (TSX:MFC), LeClair continues to serve as portfolio panager for the Manulife Preferred Income Fund, which he has led since 2009.
“We are pleased to welcome Randy to our internal asset management team at Manulife, where he will provide leadership and continuity on our Manulife Preferred Income Fund,” says Paul Lorentz, president of Manulife Investments.
LeClair most recently served as chief investment officer and portfolio manager with Burlington, Ont.-based Portland Investment Counsel. He joined Portland, which provides portfolio management services as sub-adviser to several Manulife Mutual Funds, in 1998. He became CIO in 2010.
Previously, LeClair had served as portfolio manager for the Regional Municipality of Halton, in Oakville, Ont., from 1991 to 1998.
A CFA charterholder since 1991, LeClair earned a Bachelor of Education from the University of Windsor, and a Bachelor of Arts, ACS (Finance), from the University of Western Ontario.