Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Assets, Income and Inflows Dip For MFS Not Rated 5.0 Email Routing List Email & Route  Print Print
Thursday, November 03, 2011

Assets, Income and Inflows Dip For MFS

Reported by Neil Anderson, Managing Editor

The third quarter was a painful one for the S&P 500 (which lost over 14 more), and MFS [see profile] suffered, too, yet remained profitable. Yesterday Sun Life Financial revealed in its third quarter earnings report that MFS earned $60 million in Q3 2011, down from $68 million in Q2 2011 and up from $53 million in Q3 2010.

MFS' assets dipped to $208 billion on September 30, from $240 billion on June 30. And its net sales (i.e. inflows) fell to zero, from $3.2 billion in Q2.

The Canadian insurer also highlighted MFS' retail mutual fund performance, noting that 86 percent of its funds ranked in the top half of their Lipper categories based on five-year performance. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

5.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
40 Wall Street | 28th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use