Published by Hubbis – 9th May 2019
In a major restructuring announcement, Manulife is unifying its institutional, retail and retirement wealth and asset management businesses around the world under a single, new brand: Manulife Investment Management.
These businesses had formerly operated under multiple brands and as separate units in various markets. Manulife Investment Management now brings its wealth management and investment expertise together across these three complementary business lines, and across the Americas, Asia and Europe, to better serve investors worldwide.
This unified presence will provide customers and intermediaries with a more consistent, seamless entry into its various investment management businesses, including the launch of manulifeinvestmentmgt.com
The new brand allows Manulife Investment Management to extend its strengths deeper into existing channels and markets and strategically position products and solutions to both current and future investors. It will also bring additional capabilities to customers and drive efficiencies by leveraging the scale of the global wealth and asset management business. In addition, the business will now be better positioned to organically grow assets through an amplification and awareness of the size and offerings of the firm.
“Manulife Investment Management brings the absolute best of Manulife and John Hancock’s wealth and asset management offerings to our customers through a strong, unified, structure and global brand,” said Paul Lorentz, President & CEO, Global Wealth and Asset Management. “Our value proposition is dependent on our commitment to our customers’ success and on our investment and wealth management expertise across both public and private asset classes, coupled with a global model that can be delivered regionally.”
Manulife Financial Corporation operates primarily as John Hancock in the United States and Manulife elsewhere. At the end of 2018, the firm had more than 34,000 employees, over 82,000 agents, and thousands of distribution partners, serving almost 28 million customers. As of March 31, 2019, Manulife had USD849 billion in AUM and administration.
