A subsidiary of Manulife Financial has signed a deal to acquire MAAKL Mutual Bhd, a unit trust company based in Malaysia.
Manulife Financial is expanding its global third-party private asset management business.
Alex Macdonald has been appointed as the next chief investment officer of OPTrust. He will succeed Morgan Eastman, who is retiring at the end of the year.
Manulife is launching a new product designed for people who are between five and 15 years from retirement.
Manulife Financial is the first Canadian company to be issued a license to administer federal pooled registered pension plans.
Scott S. Eversole has joined Manulife Asset Management as managing director on the institutional sales team.
John Hancock, the U.S. division of Manulife Financial, has purchased an office building from Brookfield Office Properties for US$135.5 million ($142.4 million).
Manulife Financial has agreed to sell its life insurance operations in Taiwan to CTBC Financial, one of the largest financial holding companies in that country.
Manulife Financial’s real estate division plans to build a 27-storey office building in Calgary’s downtown core.
Manulife Real Estate, the global real estate arm of Manulife Financial Corp., has begun construction on an office building in downtown Vancouver.