This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

John Hancock Announces Portfolio Manager Change On John Hancock Investors Trust

Stock quotes in this article: JHI, MFC

BOSTON, June 26, 2013 /PRNewswire/ -- John Hancock Advisers, LLC today announced changes to the portfolio management team of the John Hancock Investors Trust (NYSE: JHI). JHI is managed by a team of portfolio managers from John Hancock Asset Management a division of Manulife Asset Management (US) LLC ("John Hancock Asset Management").

Effective July 1, 2013, John F. Addeo, CFA, and Dennis F. McCafferty, CFA, will join the portfolio management team of JHI.  John Iles is retiring and, effective July 1, 2013, he will no longer serve as a portfolio manager of JHI. Jeffrey N. Given, CFA, who has served on the portfolio management team since 2002, will continue to serve as a portfolio manager of JHI.  

Jeffrey Given is a senior managing director and senior portfolio manager at John Hancock Asset Management. He has over 20 years of investment experience and currently manages other John Hancock Funds. He has a B.A. from Boston University and an M.S. from Boston College.

John Addeo is a managing director and portfolio manager at John Hancock Asset Management. He joined the firm in 2012 and has over 29 years of investment experience. Prior to joining the firm, Mr. Addeo was with MFS Investment Management, where he held various portfolio management/analyst roles, most recently as an investment officer for the high-yield bond group. He has also held high-yield analyst roles at Eaton Vance and Keystone Investments. Mr. Addeo has a B.S. from Siena College.

Dennis McCafferty is a managing director and portfolio manager at John Hancock Asset Management. He joined the firm in 2008 and has over 18 years of investment experience. Prior to joining the firm, he was a principal and senior analyst at Pardus Capital Management and held analyst roles at Griffen-Rose and W.R. Huff Asset Management. Mr. McCafferty has a B.S. from The College of New Jersey and an M.B.A. from Villanova University.

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 Mutual Funds

The Boston-based mutual fund business unit of John Hancock Financial, John Hancock Mutual Funds, managed more than $91 billion in open-end funds, closed-end funds, college savings plans, retirement plans, and related party assets for individual and institutional investors as of March 31, 2013.

About John Hancock Financial Services, Inc. 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 $555 billion ( US$547 billion) as of 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 online at manulife.com.

The John Hancock unit, through its insurance companies, is 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 johnhancock.com.

SOURCE John Hancock Funds

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,804.71 -238.19 -1.40%
S&P 500 1,946.16 -26.13 -1.32%
NASDAQ 4,422.0850 -71.3050 -1.59%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs