The U.S. wealth management division at John Hancock Financial Services says it will be offering 8 mutual funds run by managers at GMO L.L.C., Boston.[@@]
The deal will expand the number of retail funds that Hancock, Boston, offers to 40, from 32.
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John Hancock Enters Into Advisory Role For GMO
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Staff Writer
June 30, 2005 at 08:00 PM
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GMO also will become a sub-advisor for 3 existing portfolios offered to Hancock variable annuity and retirement plan customers, and GMO will become a sub-advisor for new investment options to be offered to VA and retirement plan customers, Hancock says.
Hancock is a unit of Manulife Financial Corp., Boston.
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