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Manulife Financial Corp
Symbol MFC
Shares Issued 1,957,390,032
Close 2019-08-02 C$ 22.60
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Manulife's JH puts multimanager portfolios on Envestnet

2019-08-06 08:57 ET - News Release

Mr. Jeff Duckworth reports


Manulife Financial Corp.'s John Hancock Investment Management has made multimanager model portfolios managed by its affiliated asset manager, Manulife Investment Management, available on Envestnet's Fund Strategist (FSP) platform. The models leverage the investment expertise of Manulife's global asset allocation team combined with the robust due diligence from John Hancock's global manager research group to construct these portfolios. They are designed to fit investor objectives and risk tolerances while helping advisers and their clients by providing a diversified asset allocation portfolio supported by John Hancock's multimanager model.

"Envestnet serves advisors in nearly every channel and provides a tremendous resource to enable advisers to deliver diversified portfolios to their clients," said Jeff Duckworth, head of intermediary distribution at John Hancock Investment Management. "And, as one of the only multimanagers on Envestnet's platform, the John Hancock model portfolios are a differentiated offering that combines our best-in-class managers with the expertise of our asset allocation team, making these capabilities even more accessible to advisers."

Two suites of portfolios are currently available on the Envestnet platform and are differentiated by underlying holdings. These are the John Hancock multimanager model portfolios, made up of primarily actively managed holdings, and the John Hancock active/passive model portfolios, a hybrid suite of both active mutual funds and primarily passive ETFs (exchange-traded funds). Each of the suites offers five risk tolerances levels: aggressive, growth, balanced, moderate and conservative. The availability of the models to an adviser is contingent on specific broker-dealer approval.

"We know that both advisers and their clients are seeking more consistent and long-term portfolio returns, irrespective of risk tolerance. Introducing the John Hancock multimanager model portfolios on Envestnet's platform is an important part of our commitment to delivering on these objectives in the model space," said Bruce Picard, lead portfolio manager for the John Hancock multimanager model portfolios.

"Our team has a long track record of success and manages over $105-billion in asset allocation portfolios," said Nathan Thooft, global head of the asset allocation team at Manulife Investment Management. "The John Hancock multimanager model portfolios are managed in a similar style as the established approach used for the John Hancock lifestyle funds to meet the growing demand for model delivery."

About John Hancock Investment Management

John Hancock has helped individuals and institutions build and protect wealth since 1862. Today, it is one of the strongest and most-recognized financial brands. John Hancock Investment Management, a company of Manulife Investment Management, serves investors globally through a unique multimanager approach: It searches the world to find proven portfolio teams with specialized expertise for every strategy it offers, then it applies robust investment oversight to ensure they continue to meet the company's uncompromising standards and serve the best interests of its shareholders.

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