MutualFundWire.com: Manulife in the Market for More U.S Fund Companies
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Wednesday, June 6, 2007

Manulife in the Market for More U.S Fund Companies


Manulife has accumulated a substantial amount of capital that it want to use for that perfect little black U.S mutual fund company. SeekingAlpha reports that at a Manulife investor day earlier this week, the company said it would buy businesses that would add to its mutual fund operations in Canada and the U.S. Manulife bought John Hancock in 2004.


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