Manulife Looks To Join The Party And Enter The ETF Marketplace
“Yet another asset manager wants in on the ETF action. On August 21 John Hancock Advisers, John Hancock Investment Management Services and MFC Global Investment Management (all part of the Manulife) filed with the SEC to create a series of index-based exchange-traded funds, utilizing both foreign and domestic securities. (Each member of the trio would serve as an adviser to one of the new funds.) The filing does not reveal the branding of the proposed ETF’s, nor does it identify which indexes the ETFs would track,” Reports Neil Anderson From Mutual Fund Wire.
View the filing with the SEC: HERE
About Manulife: Manulife Financial Corporation (MFC), through its subsidiaries, operates as a life insurance company. It provides various financial protection and wealth management products and services, including individual life insurance, group life and health insurance, long-term care insurance, pension products, annuities, and mutual funds to individual and group customers in Canada, the United States, and Asia. The company also offers investment management services to institutional customers, as well as provides reinsurance services, specializing in life retrocession, and property and casualty reinsurance. It has a joint venture partnership agreement with NAL Oil & Gas Trust. Manulife Financial Corporation was founded in 1887 and is headquartered in Toronto, Canada.
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