Manulife Financial's Q4 Net Income Plunges 74%; CEO Shrugs It Off As A 1-Time Hit Saying ""We Feel Very Robust About Our Future.”

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“Manulife is a complex story. You have a lot of moving parts because they are in several difference businesses.… If you’re thinking about this as an investment, you should look at the core earnings -- which were very strong – and trust enough that the Manulife people will sort out this interest-rate-hedge situation.”

Manulife closed the calendar year with $977 billion in total assets under management and administration, a six per cent increase from a year prior -- and putting the company close to breaking through the trillion-dollar threshold.  "I suspect before I retire it will be $1 trillion, and that makes my feel very proud," Guloien said.

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