TSX:MFCInsurance
How Investors Are Reacting To Manulife Financial (TSX:MFC) After CIBC’s Upgrade On Asian Momentum
Earlier in January, CIBC upgraded Manulife Financial Corporation to Outperformer from Neutral, citing the insurer’s steady progress toward its medium-term goals and healthier core life insurance operations supported by higher long-duration yields and better asset-liability matching.
CIBC also pointed to accelerating momentum in Manulife’s Asian wealth management business, underscoring how this region has become central to the company’s longer-term growth ambitions.
Next, we’ll explore how...