Is anyone buying right now?
If not why

Operating margin below industry average.
Industry is meh.
1 year, 3 year, 5 year performance all negative.
5 year beta of 1.4. Unfortunately all to the negative
Fee pressure on their managed division. They charge too much, better alternatives for investors
COVID has taken a toll. Net income down 60%

Fair value 12.50. Trading over that.
Interest rates are low......they could rise.....but when. They need rates to rise.

About 8% of Manulifes debt and private placement is energy related with 59% of that being below BBB.

Manulife offers really no advantage over great west or sun life.