Targeting Potential Markets, Manulife: Asia Is Very Important to Us
JAKARTA, KOMPAS.com - Manulife Wealth & Asset Management assesses that the Asian market promises significant long-term growth opportunities.
President and CEO of Global Wealth and Asset Management at Manulife, Paul Lorentz, revealed that over the past 15 years, Manulife’s global asset management business has consistently recorded positive net inflows every year.
Therefore, Manulife Group globally aims for the company’s business to grow much larger.
“To grow, we must seek markets that still have potential, and Asia is the answer. Asia is very important to us,” he said during the Manulife Asset Management Indonesia Media Briefing on Wednesday (22/4/2026).
“Asia actually offers much stronger growth prospects,” he added.
Paul explained that this is the reason he regularly visits Asia and several countries there. He hopes to drive local business growth.
“This strategy also explains why we make acquisitions, for example Schroders, as well as several other acquisitions over the years,” he continued.
According to him, this demonstrates the strength of combining local expertise with global capabilities, including risk management and compliance.
Furthermore, Manulife’s joint venture in India with Mahindra AM is also developing better than the company’s projections.
“In addition, two years ago we acquired an alternative credit manager in London (CQS) so that this capability can be distributed globally, including to Asia and Canada,” he revealed.
Although the business focus is in the US, they are interested in collaborating due to Manulife’s strong investor network in Asia, Canada, London, and other regions.
“In essence, our strategy is to acquire capabilities that can be utilised globally, while strengthening our business and presence in Asia, including in countries like China, India, and Indonesia,” he clarified.
From the total figures, Asia’s contribution is indeed still relatively small.
Nevertheless, particularly in Asia, especially in the retail segment, its contribution is far more significant and meaningful to the company’s growth.
“That’s what makes this region attractive,” he concluded.