Welcome to our dedicated page for Manulife Finl news (Ticker: MFC), a resource for investors and traders seeking the latest updates and insights on Manulife Finl stock.
Manulife Financial Corporation (MFC) delivers insurance, wealth management, and retirement solutions across Canada, Asia, and the United States through its John Hancock division. This news hub provides investors and professionals with timely updates on corporate developments directly affecting market positioning and strategic direction.
Key resources include earnings reports, product innovation announcements, and regulatory filings. Users gain access to verified information about leadership changes, partnership agreements, and sustainability initiatives – all essential for assessing MFC's performance in global financial markets.
Regular updates cover digital transformation progress including AI implementation in customer service, reinsurance transactions, and expansion strategies in Asian markets. Content is curated to help stakeholders monitor operational milestones and industry trends impacting this multinational insurer.
Bookmark this page for streamlined access to MFC's official communications and third-party analyses. Combine frequent checks with portfolio reviews to maintain informed decision-making in dynamic financial markets.
Hancock Natural Resource Group, part of Manulife Investment Management, has acquired a majority stake in Chilean fruit production and export firm David Del Curto S.A. This acquisition diversifies Manulife's agricultural portfolio under its Farmland Plus initiative. DDC operates over 11 farms and three packing facilities, producing a variety of fruits and managing significant sales relationships in global markets. The acquisition aims to expand operations and enhance marketing partnerships, leveraging DDC's strong market position and the expertise of its existing management team.
Manulife Investment Management's Global Intelligence report forecasts a promising global economic recovery, focusing on COVID-19's impact on sustainable investing and fixed income strategies. Key insights reveal a K-shaped recovery, rising inflation, and opportunities in Asian fixed income. The report emphasizes the growing demand for ESG investments, particularly in light of the Paris Agreement, while also highlighting the importance of flexibility in real estate investments. As of September 30, 2020, the firm manages CAD$923 billion (US$692 billion) in assets.
Manulife Financial Corporation (MFC) will announce its fourth quarter and year-end 2020 financial results on February 10, 2021, after market close. A conference call to discuss the results will take place on February 11, 2021, at 8:00 a.m. ET, featuring CEO Roy Gori and CFO Phil Witherington. Interested parties can access the call via phone or through a live webcast. The company, headquartered in Toronto, Canada, reported $1.3 trillion in assets under management as of September 30, 2020, and provided $31.2 billion in payments to customers in the past year.
Manulife Investment Management has announced the construction of a new 175,414 sq. ft. high-image warehouse facility at 955 Weigel in Elmhurst, Illinois, in partnership with Crow Holdings Industrial. The project aims to provide durable returns and is strategically located near O'Hare International Airport, with access to major expressways. This development is positioned to meet strong demand in sectors such as e-commerce and healthcare. The facility is expected to be completed in early 2021, enhancing Manulife's extensive real estate portfolio totaling over 63 million sq. ft.
John Hancock Investment Management, part of Manulife Investment Management, announced the creation of three strategic roles in its distribution organization to enhance client service and internal synergies. The appointments include Andrew J. McFetridge as head of strategic relationships, Darren D. Smith as head of U.S. sales, and Kathleen Pritchard as head of value add. These changes aim to better adapt to the evolving needs of financial professionals, as highlighted by Jeffrey O. Duckworth, head of intermediary distribution.
Manulife Investment Management has appointed Scott Greenberg as managing director of institutional distribution, focusing on business development in the southeast United States. He will work from Miami, Florida, collaborating with institutional investors to provide various investment solutions including agriculture, real estate, and fixed income. Reporting to Michael Kotarski, Greenberg brings extensive experience from his previous roles at Nuveen and GE Asset Management. As of September 30, 2020, Manulife managed CAD$923 billion (US$692 billion) in assets.
Manulife Investment Management's Hancock Natural Resource Group (HNRG) has released its inaugural climate disclosure report, highlighting the importance of carbon removal in timber and agriculture investments. The report follows the Task Force on Climate-related Financial Disclosures' guidelines and outlines HNRG's strategies for assessing climate risks and opportunities. CEO William E. Peressini emphasized the shift towards 'impact-first investments' aimed at maximizing carbon sequestration. The report also discusses HNRG's risk management processes and commitment to sustainable practices, underscoring the significance of these measures for investor returns.
Manulife Investment Management announced the acquisition of the Bellingham Logistics Center, a Class A industrial park in Bellingham, MA, comprising two buildings with a total area of 427,000 square feet. This strategic acquisition is aimed at enhancing their portfolio, capitalizing on the favorable market dynamics in the Greater Boston area, including strong rent growth and limited available land. The property is fully occupied by three high-quality tenants and is situated in a key industrial submarket, benefiting from its proximity to major transportation routes.
John Hancock Investment Trust has announced changes to the dial-in instructions for the special meeting of shareholders of John Hancock Infrastructure Fund, scheduled for December 18, 2020, at 10:00 a.m. ET. The meeting will be conducted virtually due to COVID-19 safety concerns. Shareholders can still vote without attending by authorizing a proxy in advance. Relevant proxy materials have been filed and are accessible online. The meeting aims to approve an update to the fund's investment restrictions.
