Important Notes:
17 April 2026
Paul Kalogirou, Head of Client Portfolio Management, Asia & Global Multi-Asset Solutions
Luke Browne, Global Head of Multi-Asset Solutions, Senior Portfolio Manager, Head of Multi-Asset Solutions, Asia


Global markets turned to a risk‑off mode in March 2026 as rising geopolitical tensions in the Middle East eclipsed earlier optimism about growth and policy support. Equity and fixed-income markets declined as energy price shocks and uncertainty weighed on investor confidence. However, the diversified portfolio construction and income‑generation focus supported the Manulife Global Fund – Global Multi‑Asset Diversified Income Fund (“GMADI” or “the Fund”) in delivering relatively resilient performance (‑4%)1.
1 Manulife Investment Management, as of 31 March 2026. Past performance is not indicative of future performance.
Manulife Global Multi-Asset Diversified Income (GMADI) Fund: Navigating the selloff
The strategy has not been immune to the recent equity sell-off, particularly given its selected exposure to semiconductor and AI-infrastructure themes. Looking ahead, the emphasis remains on diversification, income generation and disciplined security selection.
Asian Fixed Income: Navigating the selloff
We remain constructive on Asia fixed income despite recent market volatility. We see a few potential medium-term catalysts, including stronger foreign investment flows into select Asian economies and a more benign inflation backdrop.
US midterm elections: what today’s result could mean for investors
Nathan W. Thooft, Chief Investment Officer, Multi-Asset Solutions Team, Global Equities, shares his latest view on the implications of the US midterm elections.
Manulife Global Multi-Asset Diversified Income (GMADI) Fund: Navigating the selloff
The strategy has not been immune to the recent equity sell-off, particularly given its selected exposure to semiconductor and AI-infrastructure themes. Looking ahead, the emphasis remains on diversification, income generation and disciplined security selection.
Asian Fixed Income: Navigating the selloff
We remain constructive on Asia fixed income despite recent market volatility. We see a few potential medium-term catalysts, including stronger foreign investment flows into select Asian economies and a more benign inflation backdrop.
US midterm elections: what today’s result could mean for investors
Nathan W. Thooft, Chief Investment Officer, Multi-Asset Solutions Team, Global Equities, shares his latest view on the implications of the US midterm elections.