Manulife Financial boosts key profit target at investor day in Hong Kong

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Manulife Financial boosts key profit target at investor day in Hong Kong
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Manulife says it has increased its core return on equity target to at least 18% by 2027, up from its current target of 15%

says it has boosted a key profitability target as it hosts its first investor day in Asia since 2017.

The company says it has also increased its target for the amount of cash it returns to shareholders to $22-billion for the next three years, up from the $18.4-billion for the past three.

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