MFS creates investment advisory council
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.
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