Monday, June 4, 2007

Manulife wants to beef up Canada mutual fund ops

(Reuters) - "Acquisitions is something that we would look at strongly
if there's an opportunity out there," he said, adding that
Manulife would need a proprietary distribution network to
succeed in the retail mutual funds business.




Manulife, North America's second biggest life insurer and
Canada's largest, offers mutual fund products in Canada but is
a small player compared with the country's big banks.


Read more at Reuters.com Mergers News

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