MFS creates investment advisory council

19 April 2018
| By Oksana Patron |
image
image
expand image

MFS Investment Management has created the MFS Investment Advisory Council (IAC) which will consist of a group of current and former MFS investment professionals who will provide consultation for the firm’s investment team.

IAC would consult with MFS investment professionals on the following topics:

  • Industry, market and outlooks and trends
  • Consultation on areas such as management team interviews, mechanics of portfolio construction, time and risk management
  • Formal mentoring of investment professionals to help identify those with the potential to move into portfolio management, analyst and other roles

One of the main goals of the IAC would be also to enhance the MFS investment culture.

MFS Investment Management’s vice chair and portfolio manager, David Antonelli said: “MFS has  historically had low turnover among its investment team members, which has resulted in a consistent investment process and investment culture.

“That process and culture built around teamwork, investing with a long-term view and having a meritocracy. We believe the Investment Advisory Council will help MFS ensure that our process and culture thrive for generations.”

The IAC is a group of senior investors to be made of current and former employees and would include:

  • MFS’ chief executive and chief investment officer (CIO), Michael Roberge
  • Executive Chairman Robert Manning;
  • CIO – Global Fixed Income William Adams;
  • CIO – Global Equity Kevin Beatty;
  •  Vice Chair and Portfolio Manager David Antonelli
  • Former MFS Global Equity portfolio manager David Mannheim, who recently retired from MFS

The IAC would aim to complement existing programs and tolls MFS had in place to foster the development of its investment team, including formal mentoring programs in its equity and fixed income groups, the company said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 5 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

17 hours 51 minutes ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 3 days ago