Since embarking on its mutual fund adoption strategy in 2002, John Hancock Funds
has done nine adoptions -- the latest one was completed earlier this month -- and the Boston-based investment manager continues to be on the lookout for prospective fund adoptees.
Hancock's Adoption History
2002 -- US Global Leaders Growth Fund from Yeager, Wood & Marshall, Classic Value from Pzena Investment Management
2003 -- Large Cap Select Fund from Shay Asset Management
2004 -- Small Cap Fund from Independence Investment LLC
2005 -- Technology Leaders Fund from Light Index Investment Co., Growth Opportunities and International Core Funds from GMO
2008 -- Rainier Growth Fund from Rainier Investment Management, Disciplined Value Fund from Robeco Asset Management
"We might do one more adoption in 2009," said Andrew Arnott
, senior vice president and head of product management and development, in an interview with The MFWire
Hancock is looking at the large cap core, domestic equity income and small cap areas, Arnott said.
On January 12, Hancock finished the adoption of the Robeco Boston Partners Large Cap Value Fund
and launched it as the John Hancock Disciplined Value Fund
"As a result of our adoption strategy and the capabilities of our internal affiliate MFC Global, JHF has never been better positioned as we are today," Arnott said, noting that Hancock has more than 15 four or five star rated funds and "can now offer core and alpha enhancing strategies
in all major categories."
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