MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, May 9, 2006 MFS Execs Get New Roles MFS Investment Management on Monday unveiled changes to its management team amid the rapid growth of its international funds. Assets in MFS' international funds have ballooned from under $5 billion at the end of 2001 to more than $48 billion at present, said John Reilly, a company spokesperson. The Boston-based fund firm appointed executive vice president David Antonelli as chief investment officer for its non-US and global equity investments. Executive vice president Michael Roberge has been named chief investment officer for U.S. investments. The two will serve as co-directors of global research. Antonelli, a 15-year company veteran, most recently served as chief equity officer. He has served as portfolio manager of the International Discovery Fund since 1997. Roberge, who joined MFS in 1996, previously served as chief fixed income officer and director of fixed income research. He will continue in his current roles and will be supported by senior vice president Donald Mykrantz, who has been appointed head of the fixed income portfolio management team. Mykrantz also serves as director of global trading. “We have seen tremendous growth in our international funds and portfolios and we want to ensure that we have the correct alignment and structure in our investment management organization, both internationally and domestically,” said Robert Manning, CEO and CIO of MFS, in a statement. MFS also announced that senior vice president David Sette-Ducati will retire from the company effective June 30. Sette-Ducati is one of the portfolio managers of the Emerging Growth Fund and Mid-Cap Growth Fund. Printed from: MFWire.com/story.asp?s=11780 Copyright 2006, InvestmentWires, Inc. All Rights Reserved |