The institutional sales team at John Hancock Funds [profile] is growing. The mutual fund arm of the insurer has hired Kevin Hogan as managing director, targeting consultants and corporate clients. He filled the newly created position on December 19 and reports to Todd Cassler, senior managing director and head of institutional sales.

Hogan most recently served as managing director, Institutional Mutual Funds, with The Hartford [profile]. A spokesman for The Hartford could not immediately comment on Hogan's departure.

"We are experiencing strong growth in our institutional business, with clients increasingly attracted to our platform offering exclusive access to multiple investment managers," stated Cassler.

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Company Press Reelase John Hancock Funds Names Kevin R. Hogan as Managing Director, Institutional Sales

John Hancock Funds is continuing the expansion of its institutional sales team with the hire of Kevin R. Hogan as Managing Director. Mr. Hogan joined the company on December 19 and will focus his efforts on consultants and direct corporate clients. He reports to Todd J. Cassler, Senior Managing Director and Head of Institutional Sales.

"Kevin brings a depth of knowledge and experience to our team, having spent the past ten years with the institutional group at The Hartford," said Mr. Cassler. "We are experiencing strong growth in our institutional business, with clients increasingly attracted to our platform offering exclusive access to multiple investment managers. We're confident that our strong John Hancock brand, investment management capabilities, and distribution expertise will lead to continued successes in this area."

Mr. Hogan most recently served as Managing Director, Institutional Mutual Funds, with The Hartford, after joining the firm in 1997 and holding analyst and sales positions and serving as director of the institutional solutions group. Prior to that, he worked for Merrill Lynch, Nomura Securities International and Daiwa Securities America. He holds an MBA from The Pennsylvania State University and a BS in mathematics from the University of Vermont.

About John Hancock Funds The Boston-based mutual fund business unit of John Hancock Financial, John Hancock Funds manages more than $62.3 billion in open-end funds, closed-end funds, private accounts, retirement plans and related party assets for individual and institutional investors as at September 30, 2011.

About John Hancock Financial and Manulife Financial Corporation John Hancock Financial is a unit of Manulife Financial Corporation, a leading Canada-based financial services group serving millions of customers in 21 countries and territories worldwide. Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, Manulife Financial Corporation 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 C$492 billion (US$473 billion) as at September 30, 2011. Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at manulife.com.

The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, fixed and variable 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 

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