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Manulife Trust is a wholly owned subsidiary of Manulife Bank. Like its parent company, Manulife Bank, Manulife Trust is a member of the Canada Deposit Insurance Corporation (CDIC). In 2015, Manulife Bank entered into a deal with Alimentation Couche-Tard to add ATM machines to 830 Mac's Convenience Stores, Circle K, and Couche-Tard locations. [6 ...
Manulife Financial Corporation (French: Financière Manuvie) is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulife" and in the United States primarily through its John Hancock Financial division. [ 4 ]
The following is a list of trust companies that operate or that have operated in Canada. Historically, trusts were one of the four main financial institutions in Canada, along with banks, insurance companies, and investment brokerages. [1]
2005 Manulife Investment Management selected Mawer to manage its investment funds in a subadvisory capacity. [2] [3] In November 2018, Mawer hired Bank of Nova Scotia to explore options such as a sale. This came at a time when other Canadian asset management firms were being acquired. However, in December, Mawer decided to remain independent ...
On September 29, 2003, Manulife Financial of Canada announced its intent to acquire John Hancock for $10.4 billion. The merged entity would be led by D'Alessandro, but he would step down in June 2004. The sale also included a Canadian subsidiary of John Hancock, Maritime Life; it was integrated into Manulife's Canadian operations. [6] [7] [8]
Harrison left TD to become Manulife's Executive Vice-President and Corporate Controller in 2003. [5] In 2007 she was recognized by the Globe and Mail as one of the 100 Most Powerful Women in Canada. [6] She moved to the US in 2012 to take on the role of President and General Manager, John Hancock Insurance Long Term Care. [7]
The transaction included a Global Collaboration Agreement where Manulife will seek to distribute Standard Life Investments' funds in Canada, the US and Asia. [14] In a round-up of 2014 business, pre-tax profits rose by 19% to £604m, fee-based revenue during the year grew 14% to 1.43bn, and over 340,000 auto-enrolment customers were added.
AIC Limited was a Canadian mutual fund company which commenced operations in 1985, as Total Finance. [1] AIC was purchased in 1987, by Michael Lee-Chin, Chairman.In May 2008, the company's total assets under management was just over $5.6 billion IFIC numbers.
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