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John Hancock Adds to Lifestyle Fund Lineup

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Effective May 1, John Hancock added three new strategies to its five Lifestyle asset allocation fund of funds, which already has an aggregate of $50 billion under management. The three new strategies are: Emerging Markets Value, subadvised by Dimensional Fund Advisors, Inc., which Hancock said would be managed in a style similar to the DFA Emerging Markets Value Fund; Mid Cap Intersection, a mid-cap blend strategy subadvised by Wellington Management Company; and Small Cap Intrinsic Value, a small-cap blend strategy subadvised by MFC Global Investment Management (U.S.).