John Hancock Funds has finished adopting the
Robeco
Boston Partners Mid Cap Fund and launched it as the
John Hancock Disciplined Value Mid Cap Fund (JVMAX). This marks Hancock's 11th adoption in eight years. Adoptions will continue to play a key part in Hancock's strategy going forward, executives said.
The Disciplined Value Mid Cap Fund has $150 million of assets.
This is the second Robeco Boston Partners offering that
Hancock has taken under its wing. In 2008, Hancock
adopted the
Robeco Boston Partners Large Cap Value Fund,
which it launched as
John Hancock Disciplined Value Fund
(JVLAX) in January 2009. At the time of its adoption, the
fund had less than $50 million of assets; as of Friday last week,
AUM totaled $750 million.
"Our relationship with them is working out very well," said
Andy Arnott, executive vice president at John Hancock Financial, in an interview with
The MutualFundWire. "We're very happy with them as a sub-advisor."
As for future adoptions, Arnott declined to say who Hancock is
currently talking to, but said the firm is looking at fundamentally managed
international products. It is also looking at domestic products
with above-market yields and is likewise having discussions in the
alternative space. 
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