Market Intelligence

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An award-winning review of the investment landscape

At John Hancock Investments, our multimanager approach to investing provides us with a unique advantage: the ability to leverage the very best market research from our diverse asset management network.

Our dedicated in-house research team aggregates, analyzes, and evaluates that market analysis to develop our 12- to 18-month outlook on a range of asset classes. The result is Market Intelligence.

Head of Investments Leo M. Zerilli, CIMA, explains the process behind producing the firm's signature research publication.

A natural by-product of our manager research

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Leveraging the best ideas of the 75+ asset managers, independent research firms, broker-dealers, and banks in our network

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More than 60 researchers—part of 200+ professionals specializing in manager research and oversight—analyze and evaluate the views from our network

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Research is vetted and debated to develop our 12- to 18-month outlook on a range of asset classes

An interactive investment app for your iPad

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Provide a richer, hands-on experience of our network's insight

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Ensure you're always up to date with the latest data and analysis

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Explore our Viewpoints blog, portfolio manager videos, and white papers on a range of topics


An unparalleled network

We leverage the research of some of the best and brightest minds in the investment industry to create every issue of Market Intelligence.

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What's inside

Asset class views: our 12- to 18-month outlook

The eight-year-old bull market may be due for a setback after its postelection rally but remains supported by improving fundamentals.

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color scaleDarker shading indicates a greater concentration of views within our network.

Our view is consistent with the consensus that U.S. equities will see further upside in the next 12 to 18 months. Improving global growth should result in opportunities. Our neutral view on growth versus value is a result of favoring sectors in both styles (e.g., technology and financials).

Stronger growth and earnings appear to be taking hold globally, while in Europe voters are deciding several key elections.

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color scaleDarker shading indicates a greater concentration of views within our network.

We agree with the consensus view that investors should maintain their current exposure to non-U.S. equities, both broadly and across major developed-market regions. While corporate fundamentals and valuations are increasingly potential tailwinds, populist politics in Europe could lead to greater volatility.

A nimble approach may be warranted to pursue income opportunities outside of low-yielding government sectors.

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color scaleDarker shading indicates a greater concentration of views within our network.

Our fixed-income view stems from the bearish outlook we heard from a number of managers; some have actively reduced duration. We believe bank loans and investment-grade corporates still offer upside.

color scaleDarker shading indicates a greater concentration of views within our network.

Key macro themes from our asset management network

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Whereas central banks were the primary drivers of markets for much of the economic cycle, governments are likely to exert greater influence in the years ahead. The near certainty of a pro-business agenda in the United States contrasts with the uncertainty surrounding Brexit negotiations and key elections in Europe.

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Economic indicators and corporate earnings are turning up across developed and emerging markets. Geopolitical risks remain, including fallout from Brexit negotiations and European elections. Any good news could provide a catalyst for relatively undervalued international markets.

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The U.S. Federal Reserve continues to withdraw liquidity at a measured pace, in keeping with strong employment data and rising wage inflation. Elsewhere, central bankers appear to be moving beyond peak accommodation as growth firms.


Download Market Intelligence for more detailed asset class views and strategies
 to consider for your portfolio today.

Learn more

Contact your John Hancock Investments Business Consultant to schedule a detailed review of Market Intelligence and how the trends taking place in today’s markets may affect your practice.