Hancock swells portfolio strategies

John Hancock announced today that it is expanding its lifestyle portfolio strategies to include new emerging markets, mid-cap and small-cap values into the funds. The Boston-based company has a series of five asset allocation fund of funds that provide investors with a choice of varying degrees of investment risk from aggressive to conservative. The company will now offer Emerging Markets Value, which is subadvised by Dimensional Fund Advisors, Inc. Another addition will be the Mid Cap Intersection which is subadvised by Wellington Management Company. This portfolio will add capacity in the mid-cap blend style box, John Hancock officials said in a statement. The last addition is the Small Cap Intrinsic Value, which will be subadvised by MFC Global Investment Management (U.S.) This portfolio will be managed in a similar style to the John Hancock Small Cap Intrinsic Value Fund. “John Hancock remains focused on bringing premier asset management capabilities to the multi-managed platforms that underlie our investment products,” said Bob Boyda, senior vice president with John Hancock Investment Management Services, in a statement.