MutualFundWire.com: Hancock Funds Posts a Q4 Loss
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Thursday, February 12, 2009

Hancock Funds Posts a Q4 Loss


John Hancock Mutual Funds posted a net loss of $6 million in the fourth quarter, compared to net income of $6 million in the year-ago period. Mutual fund deposits totaled $1.28 billion in the final months of 2008, compared to $1.75 billion in the same period in 2007. Boston-based Hancock ended the year with AUM of $17.91 billion, down from $22.78 billion in end-September and $27.91 billion at the end of 2007.


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