Manulife Financial Corp
MFC: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$99.10 | Njgr | Vptdrlb |
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.