Tuesday, June 26, 2007

Manulife expands Canadian mutual fund business

(Reuters) - The deal is part of a plan by Canada's biggest life insurer
to expand its mutual funds unit.




The takeover adds more than 700 advisers and 237 branches
to Manulife Securities International, creating a sales force of
1,500 independent advisers and a business with about C$19
billion in assets under administration.


Read more at Reuters.com Mergers News

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