PETALING JAYA: Manulife Holdings Bhd
(MHB) reported a year of growth and progress at its AGM, underscoring its commitment to sustainable growth.
In 2024, MHB reported an increase in profit before tax to RM185.4mil, supported by strong business fundamentals. Manulife Investment Management also saw its assets under management (AUM) grow 18% year-on-year (y-o-y) to RM17.2bil as of end of 2024. It said AUM’s growth surpassed the industry average for equity and fixed income funds, strengthening its position in the retail investment market.
