The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Hancock's Mutual Fund Biz Soars Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, August 11, 2011

Hancock's Mutual Fund Biz Soars

Reported by Hung Tran

John Hancock's[see profile] mutual funds business reported another strong quarter with sales of US$3.5 billion, up 50 percent from the second quarter of last year. And Hancock's Lifestyle portfolios reported over US$75 billion of assets under management across its various products.

"The strength of the John Hancock brand has been clearly evident during these challenging economic times in the U.S.," said Jim Boyle, president, John Hancock Financial Services, in a statement.

The company attributed the increase in sales to having a diversified offering of competitive funds, with its fixed income portfolios continuing to experience strong sales momentum in the second quarter of 2011.

"Funds under management for JH Funds have increased to US$38.1 billion as at June 30, 2011, a 34 percent increase from June 30, 2010, attributable to positive market performance and net sales during the period," Hancock reported. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use