October 2013

October 31
John Hancock Weather Beacon Flashes Red and Blue to Celebrate Red Sox World Series Victory

Within minutes of the Red Sox victory in the World Series, the famed weather beacon atop the John Hancock Building in Boston began flashing red and blue to signify the Win. The iconic beacon has flashed red and blue only twice before, in 2004 when the Red Sox defeated the St. Louis Cardinals, and again in 2007 when they topped the Colorado Rockies.......
October 30
Healthcare Continues To Rank as Top Financial Fear in Retirement in National Investor Survey

A new survey of investors who are currently working shows concerns about rising health care costs, changes to Social Security and/or Medicare and running out of money are among the greatest financial worries in retirement, and the percentage citing them has increased since prior surveys.......
October 28
John Hancock Investments Adds Geoffrey Johnson, John Lacey, and Michael Reynolds as Managing Directors on Institutional Team

John Hancock Investments announced that it recently hired three new managing directors on its Institutional team. Geoffrey Johnson is Managing Director, Defined Contribution Investment Only (DCIO), for the Northwestern United States; John Lacey is Managing Director, DCIO, for the Southwest; and Michael Reynolds is a Managing Director covering Registered Investment Advisors in the Southeast. Mr. Johnson and Mr. Lacey report to Gene Huxhold, Senior Managing Director, DCIO, while Mr. Reynolds reports to Todd J. Cassler, President of Institutional Distribution, John Hancock Investments.......
October 01
John Hancock Completes Acquisition of Symetra Investment Services

John Hancock, a unit of Manulife Financial Corporation (MFC), today announced the completion of its acquisition of Bellevue, Wash.-based Symetra Investment Services, Inc. from Symetra Financial Corporation (SYA). Terms were not disclosed.......
October 01
John Hancock Investor Sentiment Index Slides Six Points in Third Quarter of 2013

The John Hancock Investor Sentiment Index dropped six points in the third quarter of 2013, to +20 from its record high of + 26 in this year's second quarter, partly due to investors' increasingly negative views toward investing in stocks. While the Index score reached its lowest point of the year this quarter, it is still three points higher than it was in the third quarter of 2012.......