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Stock impact report

Manulife Expands Indonesian Scale And Global Reach With L&G Partnership [Yahoo! Finance]

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
Company Research Source: Yahoo! Finance
Manulife Wealth & Asset Management has completed the acquisition of PT Schroder Investment Management Indonesia, expanding its presence in Indonesia. The deal positions Manulife as Indonesia's largest asset manager, adding scale and local investment capabilities. Manulife has also entered a new long-term, multi-phase partnership with L&G to broaden global asset management and distribution. For investors watching TSX:MFC, these moves sit at the intersection of wealth management, insurance, and global asset gathering. Manulife is building out its investment platform in markets where demand for professional money management is growing, including Indonesia. At the same time, partnerships with global players such as L&G can reshape how products are created and distributed across regions. These developments give you more to monitor around Manulife's mix of fee based and insurance related earnings, product reach, and the scalability of its investment operations. The combination of a Show less Read more
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