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How we aim for smooth, positive returns—throughout the market cycle

May 2018 | Video

VIDEO: Combining a variety of positions across the world’s financial markets—including equity, credit, currency, interest rates, volatility, and inflation—John Hancock Global Absolute Return Strategies Fund pursues positive returns through a diversified, risk-managed collection of uncorrelated investments, including directional and relative value strategies. Adam C. Rudd, CFA, of the multi-asset fund management team at Standard Life Investments outlines the guiding philosophy that informs the investment process he and his colleagues implement each day.

The Fed’s balance sheet represents an underappreciated risk right now

May 2018 | Video

VIDEO: It’s not the market risks the consensus fears that matter most—rather, it’s the underappreciated or unforeseen developments that tend to do the most damage to investor portfolios. Adam C. Rudd, CFA, investment director at Standard Life Investments, manager of John Hancock Global Absolute Return Strategies Fund, shares his latest thoughts on the still-bloated balance sheet of the U.S. Federal Reserve (Fed)—and what such an outsize outstanding monetary base really represents in a regime of rising front-end policy rates.

Multi-asset opportunities have emerged across developing economies

May 2018 | Video

VIDEO: Opportunities in currencies, debt, and equities of emerging economies have resurfaced following a multi-year bear market in these assets. Adam C. Rudd, CFA, investment director at Standard Life Investments, walks through the mechanics of the team’s latest multi-asset approach to these markets. In the process, he identifies the most attractive pocket of government bond duration the world has to offer today.

U.S. equity outlook—see our case for long large caps, short small caps

May 2018 | Video

VIDEO: Valuations for U.S. small-cap stocks are too high compared with their large-cap counterparts, says Adam C. Rudd, CFA, investment director at Standard Life Investments. He walks through the team’s U.S. equity relative value strategy of obtaining long exposure to large caps and shorting small caps, which are more vulnerable to the wage growth, inflation, and interest-rate pressures that tend to mount as the business cycle matures.

As bond market risks mount, upside potential diminishes

May 2018 | Video

VIDEO: This year’s spike in market volatility hasn’t been limited to stocks: Bonds, too, have suffered a recent bout of capital losses. Is this a temporary setback for yield seekers or a harbinger of more difficult times to come? Adam C. Rudd, CFA, investment director at Standard Life Investments, manager of John Hancock Global Absolute Return Strategies Fund, shares his latest views on the outlook for interest rates and the prices of fixed-income assets.

We favor the outlook for oil stocks relative to the market

May 2018 | Video

VIDEO: An extended period of depressed oil prices placed great stresses on the large integrated energy companies engaged in its exploration, production, and distribution, but oil has staged an impressive comeback in recent weeks. Adam C. Rudd, CFA, investment director at Standard Life Investments, manager of John Hancock Global Absolute Return Strategies Fund, explains the fund’s new relative value equity pairing of global oil majors versus the broader market—a strategy designed with the mature stage of the business cycle in mind.

How to defuse one volatile market with another

May 2018 | Video

VIDEO: Fight market volatility with more volatility? The 2018 VIX spike unnerved many market participants, but it also presented opportunities for absolute return managers to match long volatility positions in one market against short volatility positions in another. Adam C. Rudd, CFA, investment director at Standard Life Investments, manager of John Hancock Global Absolute Return Strategies Fund, explains his pairing of comparatively concentrated and cyclical investments with those more diversified and defensive.

Global Absolute Return Strategies Fund quarterly update

April 2018 | Conference Call Replay

Neil Richardson, Investment Director at Standard Life Investments, shares his latest thoughts on the market environment and how those views are reflected within John Hancock Global Absolute Return Strategies Fund.

Global Market Outlook

April 2018 | PDF

John Hancock Asset Management's Chief Economist Megan E. Greene and Co-Head of Global Asset Allocation Robert M. Boyda share their views on the global economy and the opportunities ahead. Bob and his asset allocation colleagues manage our three suites of target-date funds for retirement investors.

Market Intelligence | The latest thinking from our asset management network

April 2018 | PDF

Our multimanager approach to investing provides us with a unique advantage: the ability to leverage the very best market insight from our diverse asset management network. Our dedicated in-house research team analyzes and evaluates those views to develop our outlook for a range of asset classes. The result is Market Intelligence, an award-winning review of the investment landscape—and now an interactive app for your iPad.

Can history teach us anything about today’s trade tensions?

April 2018 | Video

VIDEO: The Great Depression’s Smoot-Hawley tariffs and the history of empires rising and falling are instructive for anyone wishing to better understand today’s rising trade tensions, says Megan E. Greene, chief economist with John Hancock Asset Management. Megan examines the lessons that may be drawn from history as the U.S. and China engage in retaliatory threats that are triggering financial market volatility and could envelop the world’s great economic powers in a trade war.

The risks of using tariffs to rein in America’s current account deficit

April 2018 | Video

VIDEO: Attempts to reduce or reverse the United States’ current account deficit by imposing trade tariffs could create unnecessary risks and do more harm than good to the broader economy, says Megan E. Greene, chief economist with John Hancock Asset Management. Megan examines the domestic policies that drive America’s current account deficit—independent of trade—and discusses why any approach that alleges unfairness on the part of U.S. trading partners may be misdirected. What’s more, it’s unclear whether an account deficit should be considered a sign of economic weakness, she says.

Trade tensions rising—where we go from here

April 2018 | Video

VIDEO: As the U.S. and China ratchet up plans to impose tariffs, market volatility has skyrocketed. Megan E. Greene, chief economist with John Hancock Asset Management, puts the trade tensions in context and explains where the world’s two largest economies are likely to go from here. She outlines retaliatory options that China could eventually consider if the dispute escalates, including devaluing its currency and trimming its purchases of U.S. Treasury bonds—moves that could have negative implications for the broader economy and the U.S. government’s fiscal health.

Equity long/short as a core allocation

March 2018 | PDF

Long/short strategies are likely to become a more integral part of the average investor’s mainstream equity allocation and less of an esoteric outlier. Keith H. Van Etten, CAIA, CFP, CIMA, founder of Van Etten Consulting, explains why.

Volatility spikes, but earnings steam ahead

February 2018 | Video

VIDEO: Although the market pullback of recent days may feel severe, it is not out of the ordinary for intrayear market declines. The largest peak-to-trough decline in 2017 was only 3%—an unusually mild drawdown that was well below the long-term average intrayear market decline of roughly 10%. With a 2018 outlook for double-digit earnings growth driven by rising corporate revenues rather than expense cuts and share buybacks, attractive investment opportunities may not be hard to find in the near term.

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