An anonymous director reports
JOHN HANCOCK INVESTMENT MANAGEMENT EXPANDS MODEL PORTFOLIO REACH TO MORE THAN 50,000 ADVISORS
Manulife Financial Corp.'s John Hancock Investment Management has more than doubled the number of platforms where its model portfolios are available in the past 12 months. Its flagship and custom model portfolios are now available on multiple platforms to greater than 50,000 advisers since launching on Envestnet's Fund Strategist platform last year. Additional platforms include broker-dealers, turnkey asset management platforms, clearing platforms and model marketplaces to help give advisers seamless accessibility to John Hancock Investment Management's model portfolio capabilities.
The portfolios are designed by Manulife Investment Management (U.S.) LLC. For more than 25 years, Manulife Investment Management has managed multiasset portfolios using an open-architecture approach, and it has been building models for nearly 10 years. This approach is combined with robust manager research and oversight from John Hancock Investment Management's global manager research team, which helps strengthen diversification benefits across the range of portfolios. The models are designed to fit investor objectives and risk tolerance, while helping advisers and their clients by providing a diversified asset allocation portfolio supported by John Hancock Investment Management's multimanager network.
"We are seeing good response to our multimanager model portfolios, which are built with the expertise of our asset allocation team and leverage the enormous scope of manager research that's available. These models enable advisers to truly deliver a diversified portfolio to their clients," said Jeffrey O. Duckworth, CRPC, head of intermediary distribution at John Hancock Investment Management.
"In addition to the flagship suite of models, we've built ETF-only [exchange-traded fund] models and launched new income models to meet the demands of investors today," added Steven L. Deroian, head of asset allocation models and ETF product at John Hancock Investment Management. "We're excited to see adoption of the portfolios and will continue to structure our capabilities to help advisers meet the needs of their clients."
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