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Manulife Financial headquarters in Toronto, August 29, 2012.
Manulife Financial headquarters in Toronto, August 29, 2012.
(Galit Rodan/The Globe and Mail)

Alternative investment expertise boosts Manulife

Manulife Financial Corp.’s funds under management reached a new high of $575-billion according to the insurer’s latest earnings, reported on Thursday. But although general and segregated funds make up the bulk of those assets, the company has been quietly building up its institutional portfolio.

Institutional advisory accounts now make up $30.7-billion of the pool of fund, up from $23.7-billion at this time last year.