Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Manulife Financial Corporation    MFC   CA56501R1064

MANULIFE FINANCIAL CORPORATION

(MFC)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Manulife Financial : Investment Management earns top scores from United Nations-supported Principles for Responsible Investment

share with twitter share with LinkedIn share with facebook
09/18/2020 | 10:01am EDT

C$ unless otherwise stated
TSX/NYSE/PSE: MFC     SEHK: 945

An A+ was awarded for the strategy and governance, listed equity incorporation, and fixed-income SSA modules  

TORONTO, Sept. 18, 2020 /CNW/ - Manulife Investment Management announced today that it has been recognized with top scores from the United Nations-supported Principles for Responsible Investment (PRI) annual assessment report. For the second year in a row, Manulife Investment Management received a score of A+ for strategy and governance from the PRI for integrating environmental, social, and governance (ESG) considerations into investment practices across a range of asset classes. An A+ was also awarded in the listed equity and fixed-income sovereign, supranational, and agency (SSA) integration modules.

Other notable achievements included:

  • Manulife Investment Management's public markets received an A in all other direct investment and active ownership PRI modules for which it was assessed. Other modules covered its investments in corporate bonds and securitized debt. Manulife Investment Management saw notable increases in its scores as compared to 2018 in areas such as: communications regarding ESG screens, and integration and implementation of analysis of the ESG information for internally managed listed equity holdings. There was also improvement in the number of companies engaged with and the intensity of engagement and effort. Similarly, for fixed income, Manulife Investment Management saw improvements in the integration and implementation of the ESG issues reviewed and its disclosure of approach with the public. For securitized, an outcome of either financial/ESG performance was also noted as an additional assessment indicator.

  • Manulife Investment Management's private markets continued to be recognized as a leader with real estate receiving an A for the third consecutive year under the property module. In addition, Manulife Investment Management demonstrated its commitment to sustainable investing within private markets by expanding the scope of the assessment in 2019 to include submissions for infrastructure and private equity, achieving a B in each respective module.

"Manulife Investment Management strives to be a leader in ESG investment practices as a responsible steward of client capital," said Christopher P. Conkey, CFA, global head of public markets, Manulife Investment Management. "We are very proud of our investment teams for achieving an A+ for ESG strategy and governance for the second year in a row and for earning superior marks in the screening, integration, and engagements modules for listed equities and in direct fixed-income SSA. This is not only important for our clients who entrust us to implement ESG for specific portfolio goals, but also for the overall relevance of our strategies as we look to the future of investment management."

"Sustainability is one of the keys to creating long-term value for our clients within private markets," added Stephen J. Blewitt, global head of private markets. "It is important for us to consider sustainability because we're generally long-term investors across a diverse range of private markets asset classes and submitting to the PRI is an opportunity for us to demonstrate transparency while tracking our progress. It is rewarding for the work we have done to be recognized."

The key activities within Manulife Investment Management's investment teams in 2019, which helped to achieve the PRI scores include:

  • The release of its inaugural sustainable and responsible investment report in 2019.
  • Increased integration in industry analysis, sovereign analysis, and securitized fixed income. Manulife Investment Management developed a proprietary sovereign ESG assessment model in 2019, which is currently in use by its investment teams as an input into credit analysis. The model produces sovereign-specific baseline views on ESG issues.
  • The use of scenario analysis—a key tool for companies in demonstrating planning for climate change.
  • Engagement with 724 companies in 940 separate engagements across all investment teams. In 2019, 26% of engagements had an environmental factor focus, 20% had a social factor focus, and 54% had a governance factor focus.

For more information on Manulife Investment Management, please visit manulifeim.com/institutional

About Manulife Investment Management
Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 17 countries and territories. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We're committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement. 

As of June 30, 2020, Manulife Investment Management had CAD$900 billion (US$660 billion) in assets under management and administration. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.

Cision
View original content to download multimedia:http://www.prnewswire.com/news-releases/manulife-investment-management-earns-top-scores-from-united-nations-supported-principles-for-responsible-investment-301133978.html

SOURCE Manulife Investment Management

© Canada Newswire, source Canada Newswire English


share with twitter share with LinkedIn share with facebook
All news about MANULIFE FINANCIAL CORPORATION
10/19MANULIFE FINANCIAL : Investment Management named to PRI Leaders' Group 2020 in r..
AQ
10/16MANULIFE FINANCIAL : appoints Julie Nestor as new Chief Marketing & Experience D..
PU
10/15MANULIFE FINANCIAL : Named a World's Best Employer by Forbes
AQ
10/15MANULIFE FINANCIAL : Named a World's Best Employer by Forbes
PR
10/01MANULIFE FINANCIAL : Investment Management announces reduction of management fee..
AQ
10/01MANULIFE FINANCIAL : Investment Management's Strategic Fixed Income Strategy win..
AQ
09/28JOHN HANCOCK INVESTMENT MANAGEMENT : celebrates five-year anniversary of its ori..
PR
09/21MANULIFE FINANCIAL : 15 John Hancock wholesalers recognized as Advisor Allies by..
PR
09/18MANULIFE FINANCIAL : Investment Management earns top scores from United Nations-..
AQ
09/18MANULIFE FINANCIAL : launches market's first MPF retirement income fund aiming t..
PU
More news
Financials
Sales 2020 66 738 M 50 721 M 50 721 M
Net income 2020 4 345 M 3 302 M 3 302 M
Net cash 2020 27 761 M 21 098 M 21 098 M
P/E ratio 2020 8,49x
Yield 2020 5,85%
Capitalization 36 643 M 27 912 M 27 849 M
EV / Sales 2020 0,13x
EV / Sales 2021 0,11x
Nbr of Employees 35 000
Free-Float 100,0%
Chart MANULIFE FINANCIAL CORPORATION
Duration : Period :
Manulife Financial Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MANULIFE FINANCIAL CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 23,37 CAD
Last Close Price 18,89 CAD
Spread / Highest target 42,9%
Spread / Average Target 23,7%
Spread / Lowest Target -4,71%
EPS Revisions
Managers
NameTitle
Roy Gori President, Chief Executive Officer & Director
John M. Cassaday Chairman
Rahul M. Joshi Chief Operations Officer
Philip Witherington Chief Financial Officer
Shamus Edward Weiland Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
MANULIFE FINANCIAL CORPORATION-28.34%27 439
AXA-41.55%41 383
METLIFE, INC.-20.33%36 860
PRUDENTIAL PLC-25.85%36 542
PRUDENTIAL FINANCIAL, INC.-27.54%26 801
AFLAC INCORPORATED-29.09%26 741