Why the CEO of Manulife Is Bullish on Oil Prices

The transcript covers an interview with Manulife's CEO discussing investment strategies amidst market volatility, focusing on energy and commodities. It highlights the challenges of long-term liabilities, the impact of oil prices, and the potential for increased equity exposure. The CEO expresses confidence in oil price recovery and addresses concerns about the Canadian mortgage market and stock price performance.

What was the primary reason for Manulife's financial charge in 2015?

• A rise in interest rates

• A decline in real estate values

• A drop in technology stocks

• A commodities rout

Why does Manulife invest in long-term assets like oil and gas?

• To capitalize on short-term gains

• To hedge against inflation

• To match their long liabilities

• To diversify their portfolio

How do institutional investors view Manulife's strategy in oil and gas?

• They are skeptical and prefer safer investments

• They understand and support the strategy

• They are unaware of the strategy

• They are actively opposing the strategy

What is Manulife's approach to investing in commodities?

• They are looking to increase their limited exposure

• They only invest in gold and silver

• They have a large commodity play

• They avoid commodities due to high risk

What is the CEO's view on the Canadian mortgage market?

• It is not a focus for Manulife

• It is overvalued and due for a correction

• It has a healthy loan-to-value ratio

• It is highly unstable and risky

What factors have recently affected Manulife's stock price?

• Oil and gas market conditions and concerns about China

• Technological advancements and market saturation

• Increased competition and regulatory changes

• Rising interest rates and inflation

What is the CEO's long-term outlook on oil prices?

• They will eventually recover

• They will remain stable

• They will continue to decline

• They will be replaced by renewable energy