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MFS Investment Management (MFS) is an American-based global investment manager, formerly known as Massachusetts Financial Services. Founded in 1924, MFS is one of the oldest asset management companies in the world and has been credited with pioneering the mutual fund .
MFS Investment Management, the Boston-based asset manager that unveiled the world's first open-ended mutual fund a century ago, is making a foray into exchange-traded funds with the launch of five ...
He is the former chairman of MFS Investment Management, the oldest mutual fund company in the United States. Previously, Pozen was the President of Fidelity Investments. In 2001 and 2002, he served as a member of President George W. Bush's Commission to Strengthen Social Security. His proposal for utilizing a "progressive indexing" methodology ...
MFS Announces Portfolio Management Appointment for MFS Multimarket Income Trust BOSTON--(BUSINESS WIRE)-- MFS Investment Management® (MFS®) announced that Robert Persons, CFA, has been named a ...
MFS Announces Portfolio Management Appointments for MFS Charter Income Trust BOSTON--(BUSINESS WIRE)-- MFS Investment Management® (MFS®) announced today that Pilar Gomez-Bravo, CFA, and Robert ...
State Street Deposit & Trust Co opened in July 1891. The name was shortened to State Street Trust Company in 1897. It became the custodian of the first U.S. mutual fund in 1924, the Massachusetts Investors Trust (now MFS Investment Management). [18]
Sun Life's asset management operation includes subsidiaries: MFS Investment Management, which serves individual and institutional investors around the world; SLC Management, which provides investment options for defined benefit pension plans, insurance companies and other institutional investors globally.
The first open-end mutual fund with redeemable shares was established on March 21, 1924, as the Massachusetts Investors Trust, which is still in existence today and managed by MFS Investment Management. [14] [15] In the U.S., there were nearly six times as many closed-end funds as mutual funds in 1929. [16]
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