Ever since the financial crisis in 2007 where Manullife insiders were selling to ensure their financial positions, Manulife's board of directors has undergone some changes. One new director was appointed this month and purchased 30,000 shares along with her appointment. In addition, Teck Resources CEO also bought shares after joining the board in 2010. Seeing directors investing their money is indicating one sign, that is - they believe the company is doing well and has a prosperous future.
Source: http://www.theglobeandmail.com/globe-investor/investment-ideas/new-manulife-director-breaks-the-ice-with-buying/article9791755/
Source: http://www.theglobeandmail.com/globe-investor/investment-ideas/new-manulife-director-breaks-the-ice-with-buying/article9791755/