Manulife Financial
About: Manulife Financial provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. Its investment management business contributes approximately 20% of its earnings and has around CAD 1.05 trillion in assets under management and administration as of the end of 2023. The US business, which primarily operates under the John Hancock brand, contributes about 27% of earnings and is mainly focused on providing insurance products for estate, business, and income protection. The Asia segment provides insurance products and insurance-based wealth accumulation products in over 11 countries and contributes around 30% of earnings. The Canadian business segment contributes approximately 23% of earnings.
Employees: 37,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
107% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 43
19% more funds holding in top 10
Funds holding in top 10: 16 [Q3] → 19 (+3) [Q4]
5% more funds holding
Funds holding: 657 [Q3] → 691 (+34) [Q4]
1.44% more ownership
Funds ownership: 46.63% [Q3] → 48.08% (+1.44%) [Q4]
5% more capital invested
Capital invested by funds: $24.8B [Q3] → $26B (+$1.18B) [Q4]
21% less repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 247
80% less call options, than puts
Call options by funds: $132M | Put options by funds: $664M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
RBC Capital Darko Mihelic 0% 1-year accuracy 0 / 6 met price target | 78%upside $51 | Outperform Maintained | 21 Feb 2025 |
Financial journalist opinion
Based on 15 articles about MFC published over the past 30 days
