Manulife will sponsor Allianz' Global Investors MPF Plan.
Allianz Global Investors Asia Pacific (AllianzGI) and Manulife have announced a strategic alliance for their Mandatory Provident Fund (MPF) businesses, a statement read.
Through this alliance, Manulife will become the sponsor of Allianz Global Investors MPF Plan, subject to regulatory approvals, whilst AllianzGI continues to be the scheme’s investment manager.
Manulife’s new ecosystem with user-friendly digital services will help AllianzGI’s MPF clients make their decisions in retirement planning easier and more efficiently. Meanwhile, AllianzGI will be dedicated to providing investment insights and generating long term value for investors.
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