Manulife redoubles its Asia ambitions

NEW YORK: Even after operating in Asia for more than century, Manulife Financial Corp is counting on the region to be its most promising driver of growth in an increasingly turbulent world.

The Canadian insurer, wealth adviser and fund manager expects to hit a goal of getting half of its profit from the region by 2025 – despite recent rocky quarters – and may not stop there, chief executive officer Roy Gori said in an interview.