Manulife Asia ousts Aviva in 12bn DBS partnership
The Asian arm of Manulife has sealed a $1.2bn deal to sell its insurance products with Singapore bank, DBS, marking the end of the bank’s 14-year partnership with Aviva.
The Asian arm of Manulife has sealed a $1.2bn deal to sell its insurance products with Singapore bank, DBS, marking the end of the bank’s 14-year partnership with Aviva.
Manulife Asia has merged its wealth and asset management divisions in order to target $19trn worth of untapped cash deposits throughout the region.
Standard Life has confirmed the sale of its Canadian business for £2.2bn (C$4.0bn, 2.9bn).
Manulife Singapore has introduced three products to cater for high-net worth individuals.
Manulife Asset Management has hired Kathryn Langridge and Philip Ehrmann to run its new global emerging markets equity portfolio management team.
Manulife has appointed a new chief executive and president for the Asian arm of the firm following the retirement of Robert Cook.
Manulife Financial delivered very strong Q3 life sales growth in Asia with Japan standing out from other parts of the region.
RHB Bank Singapore is to sell insurance and retirement products from Manulife through its distribution network.
Manulife Asset Management has launched two multi-asset products in Singapore that seek to offer regular income along with capital appreciation.
The seal of approval has been given by Standard Life shareholders to sell the company’s Canadian business to Manulife for £2.2bn.
Manulife Asset Management (Taiwan) has introduced the country’s first RMB-hedged share class for a non-China focussed fund.
Standard Life is to let Manulife Financial distribute its investment products across retail markets in Asia, the US and Canada as part of a deal that also involves the sale of the Edinburgh-headquartered company’s Canadian arm for £2.2bn ($3.6bn, 2.75bn).