With the Canadian overnight interest rates having held steady at 1% since 2010, and the 10-year Government of Canada bond yield hovering at 2.28%, there has been increasing questions as to how long these historically low interest rates can last.
BOSTON, Sept. 29, 2014 /CNW/ - John Hancock, the U.S. division of Manulife Financial Corporation, one of the largest life insurance companies in the world, announced today that it has acquired 55 West Monroe, a 40 story, 804,214 SF, Class "A" office ...
For Manulife Financial Corp., its $4-billion purchase of the Canadian assets of Standard Life marks a return to the pattern of growth across the life insurance and wealth management sectors it has been pursuing for much of the past 127 years.
Finding value in Canada's financial services sector is becoming increasingly difficult, with ever-improving financial performances and regular dividend hikes, particularly among the banks, garnering investor interest and driving share prices higher.
Manulife Financial Corp., a stock that stands to benefit in a rising interest rate environment, has seen a favourable summer for its shareholders and over the past year has outperformed the S&P/TSX composite index by nearly 9 per cent.
Manulife Financial Corp.'s $4-billion acquisition of Standard Life Canada may not have garnered much of a positive response from investors, but at least one analyst is suggesting the market is overlooking a key aspect related to the deal.