Analyst RecommendationAs can be seen, he prefers SLF to MFC.
Disclosure: I own them both. GLTA
https://www.bnnbloomberg.ca/video/norman-levine-discusses-manulife-financial~2270013
DON'T BUY
Manulife Financial(MFC-T)
30/08/2021
Fundamentals are strong, but not reflected in the stock price. MFC chooses to invest most of its cash to growing its Asian business. He sold his holdings around the 2008 crash and bought SunLife instead, because they were too risky among the insurers, then MFC de-risked too much after the 2008-9 recession. If interest rates rise, he'd rather be in SunLife or Great-west Life. MFC volumes are high, because it is the biggest lifeco in Canada. He prefers SunLife.
INSURANCE
Norman Levine
$24.620
No