James Gallagher - Manulife Financial G Counsel

MFC-PL Preferred Stock  CAD 22.86  0.12  0.52%   

Insider

James Gallagher is G Counsel of Manulife Financial Corp
Phone416-926-3000
Webhttps://www.manulife.com

Manulife Financial Management Efficiency

Manulife Financial's management efficiency ratios could be used to measure how well Manulife Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Manulife Financial Corp has accumulated 11.86 B in total debt with debt to equity ratio (D/E) of 42.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Manulife Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Manulife Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Manulife Financial Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Manulife to invest in growth at high rates of return. When we think about Manulife Financial's use of debt, we should always consider it together with cash and equity.

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Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States. Manulife Financial Corporation was founded in 1887 and is headquartered in Toronto, Canada. MANULIFE FINANCIAL operates under Insurance - Life classification in Canada and is traded on Toronto Stock Exchange. It employs 34000 people. Manulife Financial Corp (MFC-PL) is traded on Toronto Exchange in Canada and employs 38,000 people.

Management Performance

Manulife Financial Corp Leadership Team

Elected by the shareholders, the Manulife Financial's board of directors comprises two types of representatives: Manulife Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Manulife. The board's role is to monitor Manulife Financial's management team and ensure that shareholders' interests are well served. Manulife Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Manulife Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Marianne Harrison, Pres Hancock
Rahul Joshi, Chief Officer
Rocco Gori, CEO Pres
CFA CFA, Chief Officer
CA CFA, Head Relations
Peter Wilkinson, VP Affairs
Lynda Sullivan, Ex Officer
James Gallagher, G Counsel
Philip Witherington, Chief Officer
Shamus Weiland, Chief Officer

Manulife Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is Manulife Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Manulife Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Manulife Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Manulife Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against Manulife Preferred Stock

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The ability to find closely correlated positions to Manulife Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Manulife Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Manulife Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Manulife Financial Corp to buy it.
The correlation of Manulife Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Manulife Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Manulife Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Manulife Preferred Stock

Manulife Financial financial ratios help investors to determine whether Manulife Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Manulife with respect to the benefits of owning Manulife Financial security.