John Hancock announced Monday that it has added three additional strategies to its five target-risk lifestyle funds, which have $50 billion in assets under management.
“In our continual effort to strengthen and add capacity to select style boxes on our investment platform, we are pleased to add new strategies from leading institutional investors,” said Bob Boyda, senior vice president for John Hancock Investment Management Services.
The new Emerging Markets Value fund will be sub-advised by Dimensional Fund Advisors. The fund is designed to offer exposure to emerging markets and dovetail with Hancock’s Natural Resources portfolio.
The Mid Cap Intersection Fund, which will be managed by Wellington Management Company, will blend quantitative and fundamental analysis, allowing the fund manager to be consistent on style but still able to adapt to achieve results.
MFC Global Investment Management will run the new Small Cap Intrinsic Value Fund, which will complement the small cap funds John Hancock already offers, and will focus on companies that deliver high returns will fat safety margins.