Original GIF Select, GIF and GIF encore contracts closing to new sales
Will sell stake in John Hanock Tianan unit to focus on Manulife-Sinochem
AIC funds will become part of a more diversified fund lineup and could benefit from a strong distribution system
Manulife to manage all AIC funds in Canada
A reduction of the dividend by 50% is intended to boost the company’s capital levels
Company working to establish “fortress levels of capital,” CEO says
Warren Thomson, who takes the helm as Manulife CIO, sees opportunities
Regulator says company failed to meet disclosure requirements regarding risks related to seg funds
CEO Guloien reports that Manulife’s consolidated MCCSR are near the highest levels in the firm’s history this quarter
Ratings on subsidiaries affirmed