QUOTE AND NEWS
Forbes  Jul 14  Comment 
In trading on Thursday, shares of Manulife Financial Corp.'s Non-cumulative Rate Reset Class A Shares, Series 3 (Toronto: MFC-PRC) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.125), with shares changing hands...
MedPage Today  Jul 9  Comment 
(MedPage Today) -- Second-generation 8-marker MFC shows greater sensitivity, specificity
Forbes  Jun 27  Comment 
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative...
Mondo Visione  May 20  Comment 
Singapore Exchange (SGX) today welcomed Manulife US REIT to Mainboard under the stock code “BTOU”.   Manulife US REIT is the first pure-play United States office REIT to be listed in Asia. Its principal investment strategy is to invest,...
Reuters  May 20  Comment 
Units in newly listed real estate investment trust Manulife US REIT opened on Friday in Singapore at $0.82, slightly below their offer price in a $519.2 million sale,...
SeekingAlpha  May 16  Comment 
Wall Street Journal  May 12  Comment 
Manulife US Real Estate Management has started taking orders from retail investors for its US$470 million initial public offering in Singapore, slated to be the country’s largest in nearly two years.
Forbes  May 11  Comment 
On 5/13/16, Manulife Financial Corp. (Toronto: MFC) will trade ex-dividend, for its quarterly dividend of $0.185, payable on 6/20/16. As a percentage of MFC's recent stock price of $18.39, this dividend works out to approximately 1.01%, so look...




 

Manulife Financial Corporation (NYSE: MFC) is a broad-based financial services firm headquartered in Toronto, Canada. The company provides a wide range of financial products and services, including life insurance, group life and health insurance, pension products, annuities, and mutual funds to individual and group customers in the US, Canada, Asia, and Japan. The company operates as Manulife Financial in Canada and Asia, and primarily through John Hancock (which merged with Manulife in April 2004) in the United States. As an insurance provider, MFC will seek to profit from increasing insurance demand due to the aging "baby boomer" population. In addition, the firm's large portfolio of assets make it at risk to fluctuating interest rates.

Business Overview

In the past fiscal year, Manulife incurred declining revenue and a loss in net income.[1] For the current fiscal year, Manulife's presence in Japan may affect the firm's annual net income, as the March tsunami has caused a spike in insurance claims.[2]

Trends and Forces

Aging US Population Causes Shift in Insurance Demand

The "baby boomer" generation is heading towards retirement, which is expected to create robust demand for various insurance and wealth accumulation products. Increased longevity means that that this group will need to generate enough wealth to last decades into retirement. As a top insurance company with strong brand recognition and a diversified portfolio of products, MFC is very well positioned to take advantage of this demographic shift.

Changing Interest Rates cause Risk in MFC's Portfolio.

Interest rates will affect any firm involved in any type of investment or firm that issues corporate debt or equity. Changes in the interest rate will invariably change the fundamental values of both equity and debt, since the fundamental value of debt is determined by the time weighted average of payments discounted by current short or long interest rates, and the fundamental value of equity is determined by the value of a firm today along with any projects in the future discounted by some factor over the risk free interest rate. Manulife's large assets makes it particularly effected by the interest rate.

Competition

References

  1. MFC 2010 Annual Report
  2. Seeking Alpha, "Tsunami Raises Alarms at Manulife," 03/15/2011
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