BOSTON, May 15, 2013 /PRNewswire/ -- John Hancock Advisers, LLC announced today a change to the portfolio management team of the John Hancock Investors Trust (NYSE: JHI) and John Hancock Income Securities Trust (NYSE: JHS). JHI and JHS are both managed by a team of portfolio managers from John Hancock Asset Management, a division of Manulife Asset Management (US) LLC.
Effective immediately, the portfolio management team at John Hancock Asset Management has changed as follows: Barry Evans no longer serves on the portfolio management team responsible for managing JHI. Jeffrey Given and John Iles will continue to serve as portfolio managers of JHI.
In addition, effective immediately, Barry Evans no longer serves on the portfolio management team at John Hancock Asset Management responsible for managing JHS. Jeffrey Given and Howard Greene will continue to serve as portfolio managers of JHS.
Barry Evans will remain at John Hancock Asset Management where he will become the President of John Hancock Asset Management North America as well as continue in his role as Global Chief Investment Officer of Asset Allocation.
Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.
An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.
About John Hancock Funds
The Boston-based mutual fund business unit of John Hancock Financial, John Hancock Funds, manages more than $91 billion in open-end funds, closed-end funds, college savings assets, retirement plans and related party assets for individual and institutional investors at March 31, 2013.
About John Hancock Financial and Manulife Financial Corporation
John Hancock Financial is a division of Manulife Financial, a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Operating as Manulife Financial in Canada and Asia, and primarily as John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$555 billion (US$547 billion) at March 31, 2013.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.
The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, annuities, fixed products, mutual funds, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at www.johnhancock.com.
SOURCE John Hancock Funds