Manulife Financial Corp - Company Profile
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Manulife Financial Corp (MFC) is a provider of financial protection and asset and wealth management products and services. Capital adequacy, new business value, and assets under management and administration are the major strengths of the company, even as its increase in operating expenses remains an area for concern. Strategic initiatives, the short-term economic outlook in Canada, and a positive outlook for the Canadian life insurance market will provide ample growth opportunities to the company. However, risks related to online theft and hacking, intense competition, and the transition from CDOR may affect the company’s business performance.
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