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Manulife Rebrands Institutional Group

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MFC Global Investment Management has renamed its U.S. institutional investment management unit.

MFC Global, the institutional investment management group of Manulife Financial Corporation, Toronto, changed the name of Sovereign Asset Management L.L.C., Boston, to MFC Global Investment Management (U.S.)

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The company also named Barry Evans president of MFC Global (U.S.). Evans had been the company’s chief fixed income officer and chief operating officer.