Manulife has received administrator approval for the voluntary retirement savings plan (VRSP) in Quebec by the Autorité des marchés financiers (AMF).
Manulife Asset Management has named Craig Bethune and Diana M. Racanelli as portfolio managers on a new global natural resources equity team.
Kai Sotorp has been appointed president and CEO of Manulife Asset Management and executive vice-president and global head of wealth and asset management.
Manulife Asset Management won a series of institutional mandates during the first quarter of 2014, which brought in more than US$2.5 billion ($2.7 billion) in new assets.
Manulife Financial has reported first quarter earnings of $818 million, up 51% over the same period last year.
Manulife Financial has established a national mental health specialist team.
Manulife Financial has completed a sale in Taiwan and a purchase in Malaysia.
Manulife Financial's U.S. division, John Hancock, has acquired three office properties totalling US$618 million ($659.2 million) in New York, Chicago and Boston.
Manulife Asset Management has been awarded a new fixed income mandate from a U.S. public fund and has also been given additional funding from an existing U.S. public pension fund client.
Manulife Asset Management is expanding its institutional sales network in Europe.