BOSTON, July 1, 2015 /PRNewswire/ -- John Hancock Advisers, LLC today announced an addition to the portfolio management team for the John Hancock Financial Opportunities Fund (NYSE: BTO) (the "Fund"). The Fund is advised by John Hancock Advisers, LLC and sub-advised by John Hancock Asset Management (U.S.) LLC, a division of Manulife Asset Management (the "Subadviser").
Effective July 1, 2015, Ryan P. Lentell, CFA, joins Lisa A. Welch and Susan A. Curry as a portfolio manager of the Fund. Ms. Welch and Ms. Curry have served as portfolio managers of the Fund since 1998 and 2006, respectively.
Mr. Lentell, who has been with the Subadviser since 2008, is a managing director and portfolio manager at the Subadviser. He previously served as an analyst on the Fund. Prior to joining the Subadviser, Mr. Lentell held positions as a senior equity analyst at Morningstar, a vice president at Lentell Group and a consultant at PricewaterhouseCoopers. Mr. Lentell has a B.S. in Systems Engineering from the University of Virginia, an M.B.A. from the University of Notre Dame and holds the Chartered Financial Analyst designation.
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 Investments
John Hancock Investments provides asset management services to individuals and institutions through a unique manager-of-managers approach. A wealth management business of John Hancock Financial, we managed $130 billion in assets as of March 31, 2015, across mutual funds, college savings plans, and retirement plans.
About John Hancock Financial and Manulife Financial
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 C$821 billion (US$648 billion) as of March 31, 2015. 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 manulife.com.
The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers and administers a broad range of financial products, 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 johnhancock.com.
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SOURCE John Hancock Investments