Robeco Boston Partners
has brought Todd Hawthorne
, who was previously running the Redwood long/short equity fund for John Hancock Investments
, on staff. Boston Partners and Redwood are both sub-advisors for John Hancock's family of funds, and Hawthorne will continue to manage money for John Hancock. He also previously managed the fund for Allianz
Hawthorne previously managed the fund at his own firm RCM Capital Management
in San Francisco, and will continue to be based there, although he's now managing money under Robeco's roof. It will continue to be branded under the Redwood name. Hawthorne spent eight years at RCM as a senior portfolio manager and was previously an equity analyst/derivatives specialist at RS Investments
for five years, according to his LinkedIn profile.
, the fund is listed as the JHFunds2 Redwood A
(JTRAX) fund. It has $505 million in assets under management and an inception date of Sept. 28, 2011. The fund returned 6.33 percent for the one year ending April 21. It uses a buy-write options strategy to generate income.
Value investing specialist Boston Partners also sub advises the John Hancock's Disciplined Value Fund
and the John Hancock Disciplined Value Mid-Cap Fund
. The firm has $62 billion in assets under management, with $25 billion in intermediary retail money.
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