Friday, November 7, 2008
Manulife Q3 2008 Earnings
RBC Capital Markets, 7 November 2008Manulife's regulatory capital position is stronger than we expected, which in our view should be more positive than what was reflected in the stock's move relative to Canadian peers yesterday as regulatory capital strength was the biggest source of near term uncertainty.� The October 31 pro-forma MCCSR was 225% - well in excess of the regulatory minimum of 150%
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