MFS will be adding personnel in investment management throughout its global footprint
Sun Life Financial has expanded its MFS Investment Management unit’s global investment and distribution platforms. As a result, MFS will be adding personnel in investment management throughout its global footprint. Areas the firm is targeting include new equity research analysts stationed in key and growing emerging markets, as well as specialists in quantitative analysis and tactical asset allocation.
Within distribution, MFS will be expanding in relationship management, dealer relations and sales to support the firm’s expanding efforts in global retail and institutional distribution.
Kevin Dougherty, president, Sun Life Global Investments, said: MFS has built unique global research and distribution platforms that align the firm very strongly with clients. Its excellent historical investment performance is a result of its distinctive team-approach to managing money. We intend to build on these strengths, while allowing MFS to continue to prosper organically, through investment of up to US$50 million in the firm’s infrastructure.
Robert Manning, CEO of MFS, commented: We are exceptionally fortunate to have a parent company in Sun Life that has encouraged MFS to accelerate its growth through direct investment in our operations. With their support, we have not only been able to expand our investment management capabilities, but also to continue to invest in our clients by expanding critical areas within distribution and client service.
Toronto-based Sun Life Financial offers protection and wealth accumulation products and services to individuals and corporate customers.