BOSTON, July 30, 2024 /PRNewswire/ - John Hancock
Investment Management LLC (the "Adviser") today announced changes
to the portfolio management team for John Hancock Hedged Equity
& Income Fund (NYSE: HEQ). The Fund is advised by the
Adviser and subadvised by Wellington Management Company, LLP (the
"Subadviser").
Effective July 30, 2024,
Gregg Thomas, CFA, Co-Head of
Investment Strategy, Wellington Management will no longer serve as
a portfolio manager on HEQ. Roberto
Isch, CFA, Senior Managing Director, Wellington Management,
will continue to serve as portfolio manager on the Fund. Mr. Isch
has been involved in the management of HEQ since 2012 and was named
a portfolio manager in February
2019.
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.
Investing involves risks, including the potential loss of
principal.
About John Hancock Investment Management
A company of Manulife Investment Management, we serve investors
through a unique multimanager approach, complementing our extensive
in-house capabilities with an unrivaled network of specialized
asset managers, backed by some of the most rigorous investment
oversight in the industry. The result is a diverse lineup of
time-tested investments from a premier asset manager with a
heritage of financial stewardship.
About Manulife Investment Management
Manulife Investment Management is the global brand for the
global wealth and asset management segment of Manulife Financial
Corporation. We draw on more than a century of financial
stewardship and the full resources of our parent company to serve
individuals, institutions, and retirement plan members worldwide.
Headquartered in Toronto, our
leading capabilities in public and private markets are strengthened
by an investment footprint that spans 18 geographies. We complement
these capabilities by providing access to a network of unaffiliated
asset managers from around the world. We're committed to investing
responsibly across our businesses. We develop innovative global
frameworks for sustainable investing, collaboratively engage with
companies in our securities portfolios, and maintain a high
standard of stewardship where we own and operate assets, and we
believe in supporting financial well-being through our workplace
retirement plans. Today, plan sponsors around the world rely on our
retirement plan administration and investment expertise to help
their employees plan for, save for, and live a better retirement.
Not all offerings are available in all jurisdictions. For
additional information, please visit manulifeim.com.
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SOURCE John Hancock Investment Management