The total encompasses two portfolios in the John Hancock Trust (JHT), which is made up of funds underlying Annuity and Life Insurance products, and one in JHF II, a platform made up of funds in the retail retirement plan channel.
In JHT, the U.S. Core Value Equity team will manage the Optimized All Cap Trust, which has about $1.23 billion in assets, and the Optimized Value Trust, with approximately $189 million in assets. In JHF II, the team will manage the Optimized Value Fund, with approximately $335 million in assets.
The U.S. Core Value Equity Team is led by Senior Managing Directors Walter T. McCormick and Emory W. (Sandy) Saunders, Jr.