* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, October 14, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Mexican singer Pedro Fernández to make Ave Fénix tour stop in Stockton. Tickets, schedule – Yahoo

    Mexican Singer Pedro Fernández Brings the Ave Fénix Tour to Stockton – Don’t Miss It!

    Flutter Entertainment’s SWOT Analysis: Uncovering the Growth Potential Amid Challenges

    Dylan Efron Shares Sweet ‘DWTS’ Rehearsal Photos Featuring His Little Sister Olivia – yahoo.com

    Dylan Efron’s Heartwarming ‘DWTS’ Rehearsal Moments with Little Sister Olivia

    Diane Keaton, Oscar-Winning Star of ‘Annie Hall’ and ‘The Godfather,’ Dies at 79 – Yahoo

    Diane Keaton, Oscar-Winning Star of ‘Annie Hall’ and ‘The Godfather,’ Dies at 79 – Yahoo

    THE VAMPIRE LESTAT Shares First Look Teaser Trailer (And It’s Fangtastic) – Yahoo

    THE VAMPIRE LESTAT Shares First Look Teaser Trailer (And It’s Fangtastic) – Yahoo

    The Live-Action Simpsons Movie That Was Supposed To Star Phil Hartman – Yahoo

    The Live-Action Simpsons Movie That Was Supposed To Star Phil Hartman – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Tracking DNA and RNA Together To Unlock Disease Insights – Technology Networks

    Unlocking Disease Insights by Tracking DNA and RNA Together

    The future of battery technology – Engineer Live

    Revolutionizing Energy: Exploring the Future of Battery Technology

    How Can Boosting Your Travel Experience with Less Technology Lead to a More Relaxing Vacation? All You Need to Know About This Latest Trend – Travel And Tour World

    How Can Boosting Your Travel Experience with Less Technology Lead to a More Relaxing Vacation? All You Need to Know About This Latest Trend – Travel And Tour World

    Davenport CornCon Cybersecurity Conference helps students explore technology, AI use – KWQC

    Davenport CornCon Cybersecurity Conference Ignites Student Passion for Technology and AI Innovations

    Inside Europe’s military technology resurgence – NBC News

    Europe’s Bold Comeback: Unveiling the Rise of Cutting-Edge Military Technology

    Vicor Corporation: Great Technology, Execution Trapped In Time (NASDAQ:VICR) – Seeking Alpha

    Vicor Corporation: Innovative Technology Hindered by Lackluster Execution

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Mexican singer Pedro Fernández to make Ave Fénix tour stop in Stockton. Tickets, schedule – Yahoo

    Mexican Singer Pedro Fernández Brings the Ave Fénix Tour to Stockton – Don’t Miss It!

    Flutter Entertainment’s SWOT Analysis: Uncovering the Growth Potential Amid Challenges

    Dylan Efron Shares Sweet ‘DWTS’ Rehearsal Photos Featuring His Little Sister Olivia – yahoo.com

    Dylan Efron’s Heartwarming ‘DWTS’ Rehearsal Moments with Little Sister Olivia

    Diane Keaton, Oscar-Winning Star of ‘Annie Hall’ and ‘The Godfather,’ Dies at 79 – Yahoo

    Diane Keaton, Oscar-Winning Star of ‘Annie Hall’ and ‘The Godfather,’ Dies at 79 – Yahoo

    THE VAMPIRE LESTAT Shares First Look Teaser Trailer (And It’s Fangtastic) – Yahoo

    THE VAMPIRE LESTAT Shares First Look Teaser Trailer (And It’s Fangtastic) – Yahoo

    The Live-Action Simpsons Movie That Was Supposed To Star Phil Hartman – Yahoo

    The Live-Action Simpsons Movie That Was Supposed To Star Phil Hartman – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Tracking DNA and RNA Together To Unlock Disease Insights – Technology Networks

    Unlocking Disease Insights by Tracking DNA and RNA Together

    The future of battery technology – Engineer Live

    Revolutionizing Energy: Exploring the Future of Battery Technology

    How Can Boosting Your Travel Experience with Less Technology Lead to a More Relaxing Vacation? All You Need to Know About This Latest Trend – Travel And Tour World

    How Can Boosting Your Travel Experience with Less Technology Lead to a More Relaxing Vacation? All You Need to Know About This Latest Trend – Travel And Tour World

    Davenport CornCon Cybersecurity Conference helps students explore technology, AI use – KWQC

    Davenport CornCon Cybersecurity Conference Ignites Student Passion for Technology and AI Innovations

    Inside Europe’s military technology resurgence – NBC News

    Europe’s Bold Comeback: Unveiling the Rise of Cutting-Edge Military Technology

    Vicor Corporation: Great Technology, Execution Trapped In Time (NASDAQ:VICR) – Seeking Alpha

    Vicor Corporation: Innovative Technology Hindered by Lackluster Execution

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Manulife Looks to Harvest More Than Trees With Forestland Bet

May 29, 2024
in Business
Manulife Looks to Harvest More Than Trees With Forestland Bet
Share on FacebookShare on Twitter

At Manulife Financial Corp.’s asset-management business, a slow and steady investment with some novel revenue sources is proving lucrative for the Canadian insurer: timber.

Author of the article:

Bloomberg News

Bloomberg News

Christine Dobby

Published May 29, 2024  •  3 minute read

Roy Gori, president and chief executive officer of Manulife Financial Corp., listens during an interview at the company's head office in Toronto, Ontario, Canada, on Wednesday, June 26, 2019. Gori said he sees India as becoming a Roy Gori, president and chief executive officer of Manulife Financial Corp., listens during an interview at the company’s head office in Toronto, Ontario, Canada, on Wednesday, June 26, 2019. Gori said he sees India as becoming a “significant” part of the Canadian insurer’s operations in Asia in the next 10 to 20 years, building off last week’s toehold into the South Asian nation. Photo by Cole Burston /Bloomberg

(Bloomberg) — At Manulife Financial Corp.’s asset-management business, a slow and steady investment with some novel revenue sources is proving lucrative for the Canadian insurer: timber.  

The firm has amassed more than $16 billion of timberland and agricultural assets under management in countries including the US, New Zealand, Australia and Brazil as it sought alternative investments to help diversify both its own portfolio and those of its clients. When held over decades, the investments help Manulife match the longer-duration liabilities of its life-insurance policies and offer opportunities for extra revenue, its executives said. 

Advertisement 2

This advertisement has not loaded yet, but your article continues below.

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others.Daily content from Financial Times, the world’s leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others.Daily content from Financial Times, the world’s leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.

Sign In or Create an Account

or

Article content

Article content

“Timberland is not correlated to the fate of equities,” Paul Lorentz, chief executive officer of Manulife Investment Management, the company’s wealth- and asset-management division, said in an interview. “There are also opportunities to generate other income,” he said, pointing to carbon-offset credits, renting the land out and selling forestry products such as pine straw. 

Investor appetite for timber has increased amid climbing levels of energy consumption, food demand and construction, as well as efforts by corporations to mitigate the impacts of climate change. The assets helped Manulife  — which says it’s the largest investment manager of timberland for institutional investors — score C$9 billion ($6.6 billion) of net inflows into its institutional asset-management business in 2023, up 84% from the prior year. In the third quarter, the timber business drove higher performance fees in its wealth- and asset-management business, it said at that time.

“A lot of folks steer away from timber because of short-term price fluctuations, but we have a long-term philosophy,” Chief Executive Officer Roy Gori said in the interview. 

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

Advertisement 3

This advertisement has not loaded yet, but your article continues below.

Article content

The sector is indeed prone to big swings in value, but as of 2022, privately owned US timberland generated a 20-year average annual return of 7.2%, according to the National Council of Real Estate Investment Fiduciaries Timberland Property Index, which tracks investment performance in the sector. 

There are other major asset managers in the area — MetLife Inc.’s institutional investment-management business has built an expertise in loans backed by timberland as collateral — and even rich families have taken an interest in forestry assets in recent years to diversify their holdings and act as a hedge against inflation.    

Read More: Rich Families With Time on Their Side Turn to Timber for Growth

Manulife Investment Management in April secured more than $330 million of commitments in a second close of its Manulife Forest Climate Fund — including its first corporate investors. The fund gives backers access to forests that prioritize carbon sequestration over timber production and seeks to generate carbon credits for investors.

The business of selling voluntary carbon credits to polluters is poised for surging demand, but it can be fraught, with allegations such as data fraud and questionable accounting practices denting its reputation. Manulife’s executives said they recognize the importance of credibility in the space and say they hire their own teams to manage the timberland — overseeing about 5.4 million acres (2.2 million hectares) — and use third-party certification programs to validate the sustainability of their forestry assets.  

Advertisement 4

This advertisement has not loaded yet, but your article continues below.

Article content

Manulife manages most of its forestland assets for institutional clients as part of its wealth-management business. But the company also held C$5.7 billion of timber and agricultural assets in its own general fund as of the end of last year. The land makes up a portion of the firm’s alternative, long-duration assets, held in a portfolio for investing customer insurance premiums that also includes private equities, government and corporate bonds, mortgages and cash. 

The assets help Manulife generate revenue from one more surprising activity: relocating a species of tortoise that’s under threat. In Florida, it’s set up a conservation bank on one of its timber properties to rehome gopher tortoises — and sells credits in exchange for accepting the reptiles. 

Article content

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Financial Post – https://financialpost.com/pmn/business-pmn/manulife-looks-to-harvest-more-than-trees-with-forestland-bet

Tags: businesslooksManulife
Previous Post

Nue’s “Everything Billing” delivers agile billing for every B2B revenue model

Next Post

China’s ‘Small-Town Literature’ Trend Turns Rural Into Retro

India play Singapore in must-win AFC Asian Cup qualifier; Denmark Open Super 750 begins: Indian Sports LIVE, October 14 – ESPN

India Faces Singapore in Crucial AFC Asian Cup Qualifier as Denmark Open Super 750 Kicks Off: Indian Sports LIVE, October 14

October 14, 2025
From Iceland to Cape Verde: The 5 smallest countries ever to reach the World Cup – ABC News – Breaking News, Latest News and Videos

From Iceland to Cape Verde: Discover the 5 Smallest Countries Ever to Shine at the World Cup

October 14, 2025
Economy travellers on Virgin flights face new restrictions on luggage as part of the airline’s plan to simplify boarding. – facebook.com

Virgin Unveils New Luggage Rules to Speed Up Boarding for Economy Passengers

October 14, 2025
Mexican singer Pedro Fernández to make Ave Fénix tour stop in Stockton. Tickets, schedule – Yahoo

Mexican Singer Pedro Fernández Brings the Ave Fénix Tour to Stockton – Don’t Miss It!

October 14, 2025
Downtown hosts history, health events – Pine Bluff Commercial News

Downtown Comes Alive with Exciting History and Health Events

October 14, 2025
Scott Jennings removes hostage pin after 2 years, replaces with U.S. flag – CNN

Scott Jennings Replaces Hostage Pin with Proud U.S. Flag After Two Years

October 14, 2025
Biodiversity Impact of Fruit and Veg Consumption Varies – Bioengineer.org

The Surprising Impact of Eating Fruits and Vegetables on Biodiversity

October 14, 2025
Home | Letters & Science – ls.berkeley.edu

Home | Letters & Science – ls.berkeley.edu

October 14, 2025
What happens when nutrition science collides with politics? Kevin Hall found out – FoodNavigator-USA.com

When Nutrition Science Collides with Politics: Kevin Hall’s Groundbreaking Discovery

October 14, 2025
Dumpster divers make valuable discovery inside store trash cans: ‘That’s the good stuff’ – Yahoo

Dumpster Divers Discover Hidden Treasures Inside Store Trash Cans: “That’s the Good Stuff!

October 14, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (866)
  • Economy (888)
  • Entertainment (21,760)
  • General (17,588)
  • Health (9,930)
  • Lifestyle (900)
  • News (22,149)
  • People (888)
  • Politics (898)
  • Science (16,098)
  • Sports (21,388)
  • Technology (15,868)
  • World (871)

Recent News

India play Singapore in must-win AFC Asian Cup qualifier; Denmark Open Super 750 begins: Indian Sports LIVE, October 14 – ESPN

India Faces Singapore in Crucial AFC Asian Cup Qualifier as Denmark Open Super 750 Kicks Off: Indian Sports LIVE, October 14

October 14, 2025
From Iceland to Cape Verde: The 5 smallest countries ever to reach the World Cup – ABC News – Breaking News, Latest News and Videos

From Iceland to Cape Verde: Discover the 5 Smallest Countries Ever to Shine at the World Cup

October 14, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version