Manulife Earnings: Growth In Asia Continues, Canada And U.S. Mixed

The company?s core earnings also dropped by nearly 6% y-o-y to C$713 million in the fourth quarter. Although the company benefited from an increase in business volume, unfavorable policyholder experience in North America and other expenses more than offset those gains. The company sustained growth momentum from higher insurance and wealth sales as well as an increase in assets under management during the fourth quarter, falling just short of its core earnings guidance for 2014. During the fourth...