MFS Investment Management
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| Type | Privately held company |
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| Founded | 1924 |
| Headquarters | Boston Massachusetts |
| Key people | Rob Manning, CEO; Robert Pozen, Chairman |
| Industry | Asset Management |
| Employees | 1,650+ (as of December 2008) |
| Website | mfs.com |
We Invented the Mutual Fund
MFS Investment Management invented the mutual fund in 1924. MIT, or Massachusetts Investors Trust, the nation’s first open-end mutual fund, provided stock market access to all Americans who wanted to invest for a home, their children’s education and their future. Through the open-end mutual fund, what had previously been only available to the wealthy became accessible to everyone. Forbes Magazine identified the creation of Massachusetts Investors Trust in 1924 as “a business breakthrough that changed our lives in a profound way” in its 85th anniversary issue, December 23, 2002.
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[edit] Overview
Today MFS Investment Management offers a range of investment strategies across major asset classes for individual and institutional investors worldwide. Our regional investment analysts are integrated worldwide and grouped into eight global sector teams. These global sector teams include not only our fundamental equity and fixed income analysts, but our quantitative analysts and portfolio managers too. Having analysts and portfolio managers in local markets allows us to experience first-hand the investing climate, consumer trends and attitudes, and local perspective. It also allows us to compare the best securities across countries, industries, and at all levels of the capital structure.
MFS operates from offices around the world in Boston, London, Tokyo, Singapore, Mexico City and Sydney.
MFS is headquartered in Boston, Massachusetts, and employs more than 1,650 employees worldwide. MFS, which was formerly known as Massachusetts Financial Services, is owned by Sun Life of Canada. More information about MFS can found at MFS.com. As of December 31, 2008, MFS managed more than USD$134 billion on behalf of more than 5 million shareholders and clients worldwide.
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