John Hancock Funds has unveiled a new alternative asset allocation fund. The JohnHancock Alternative Asset Allocation Fund will provide investors a diversified approach to allocating part of their portfolios to alternative asset classes and strategies.
The John Hancock Fund is a multi-managed fund that includes asset management firms as managers of its underlying funds. The firms include PIMCO, Wellington Management, Dimensional Fund Advisors, Stone Harbor, Deutsche Asset Management, First Quadrant and John Hancock Asset Management.
Click here for the release from PR Newswire.