US Fund Manager Targets Europe with Fund Launch

Paul Das

27 September 2005

Boston-based MFS Investment Management has launched new funds targeted at European retail investors. The MFS Meridian Funds, a Luxembourg SICAV and UCITS III-compliant, are expected to increase brand-awareness for the US fund management throughout Europe, according to MFS. Previously investors in MFS funds were only available for European investors through structures based in the UK and the Cayman Islands. The launch also gives UK investors a choice of 28 funds across all asset classes, whereas before there were only three from which to choose, including MFS’s popular fixed interest investments.