Manulife proposed a retirement fund suite with private-market investments, but the story gives no expected sales, fees, or customer demand. The proposal adds an option without showing a change to its business outlook.
A broader retirement offering could help Manulife serve plans seeking private-market access. But the story gives no customer demand, assets, or fees, and the suite is still proposed. No business gain is reported to change its outlook.
StepStone was named to manage private-market investments for the proposed suite, opening a possible business opportunity. The story gives no mandate size or fee amount.
Apollo was named among firms chosen to manage private-market investments for the proposed suite, opening a possible business opportunity. The story gives no mandate size or fee amount.
J.P. Morgan Asset Management was named among firms chosen to manage private-market investments for the proposed suite, opening a possible business opportunity. The story gives no mandate size or fee amount.
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