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Rating:RS Investments Wins a Subadvisory Gig Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, July 03, 2012

RS Investments Wins a Subadvisory Gig

Reported by JY

The John Hancock Natural Resources Fund, with an AUM of $820.2 million, recently hired a second subadvisor: RS Investment Management Co. [SEC filing].

The fund's current subadvisor , Wellington Management Company, will continue to manage a portion of the fund's assets.

It is expected that these two subadvisors will shoulder equal responsibility in managing the fund.

Three PMs with RS Investments will be added to the fund: MacKenzie B. Davis, Andrew P. Pilara, Jr., and Kenneth L. Settles, Jr.

RS Investments, based in San Francisco, California, manages about $20.2 billion.

Representatives from John Hancock Funds and RS Investments declined to comment to MFWire

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