Manulife Financial Corp
MFC: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 29.00 | Jmpk | Nmnqvdqtr |
Manulife Benefits From Strong Growth Momentum in Asia Business; Increasing FVE to CAD 34
Business Strategy and Outlook
Manulife provides a variety of financial services products including life insurance, annuities, and investment management, mainly in the US, Canada, and Asia. Its investment management business has achieved adequate scale and is a source of stable earnings and durable cash flows.