Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Manulife Financial's Management Hosts UBS Global Financial Services Conference (Transcript)

Stock quotes in this article: MFC 

Manulife Financial Corp. (MFC)

UBS Global Financial Services Conference

May 8, 2012 9:20 am EST



Executives

Robert Allen Cook – Senior Executive Vice President & GM-Asia

Analysts

Peter Rozenberg – Analyst, UBS Securities Canada

Presentation



Peter Rozenberg – UBS Securities Canada

Hi we’re going to start. My name is Peter Rosenberg, Canadian Financial Services Analyst at UBS. I have the pleasure of introducing Robert Cook, Senior Executive Vice President and General Manager of Asian Operations for Manulife, since 2007. Robert has been with Manulife for over 30 years holding management positions in the Company’s Canadian, International and Corporate Divisions.

Manulife is the largest insurance company in Canada and one of the largest in North America with a market capitalization of $22 billion. Notwithstanding a difficult interest rate environment, the company has made excellent strides in reengineering its products, improving pricing, improving mix, and substantially reducing risk.

Manulife’s Asian operations currently account for 34% of adjusted earnings and a significant 49% of insurance sales in 2011. With Asia a key focus, I present Bob Cook.

Robert Allen Cook

Well thank you very much, Peter. It’s a pleasure to join you all here in New York from my home base, which is in Hong Kong, which is Manulife’s regional headquarters in Asia. I am mostly going to talk to you about Manulife’s strategy in Asia, but I just want to get started with, to put it in context of our overall corporate strategy. What we are trying to do is reformulate the direction of growth that we are taking the company and we’ve been engaged in that process for the last two years to three years.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,303.10 8.60 0.06%
NASDAQ 3,459.14 -0.28 -0.01%
S&P 500 1,649.60 -0.91 -0.06%
US 10 Yr 2.011% -0.012

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs