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Manulife Receives Approval to Engage in Trust and Fiduciary Business in Philippines
Manulife Asset Management and Trust Corporation has obtained approval to deal in trust and other fiduciary business in Philippines from the central bank.
“first trust corporation backed by resources of a multinational financial services group in Philippines.”
Manulife becomes the first trust corporation backed by resources of a multinational financial services group in Philippines. It aims to build on its investment capabilities to offer solutions to Philippines clients.
News Source: finews asia
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About Manulife
Manulife Financial is a leading Canadian-based financial services group serving millions of customers in 22 countries and territories world-wide. We provide financial protection and wealth management products and services, to individual and group customers in Canada, the United States and Asia. These products and services include individual life insurance, group life and health insurance, long-term care services, pension products, annuities, mutual funds and banking products. We offer reinsurance services, specializing in life retrocession and property and casualty reinsurance and provide investment management services with respect to the Company’s general fund and segregated fund assets and to mutual funds and institutional customers.
- Origin: Toronto, Canada
- Assets: $704,643 million CAD
- Revenue: $34,430 million CAD
- Employees: 34,000 employees & 63,000 agents
Official Website: www.manulife.com
News & Media: Press Release
Updated on 8th August 2016
Managing $20 million to $3 billion. Investing $3 million to $300 million.
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