MFS Investment Management

MFS Investment Management

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. MFS Investment Management is one of the oldest asset managers in the world, managing a family of over fifty funds for private and institutional clients. It is widely credited with inventing the mutual fund in 1924. Formerly known as Massachusetts Financial Services, MFS is headquartered in Boston, Massachusetts. The company's oldest fund is the Massachusetts Investors Trust, or MIT, the nation's first open-end mutual fund. It provided stock market access to all Americans who wanted to invest for a home, their children's education and their future. Through the open-end mutual fund, what had previously been only available to the wealthy became accessible to everyone. Forbes Magazine identified the creation of Massachusetts Investors Trust in 1924 as "a business breakthrough that changed our lives in a profound way" in its 85th anniversary issue, December 23, 2002.show more

Product details

  • Paperback | 132 pages
  • 152 x 229 x 8mm | 204g
  • Lect Publishing
  • United States
  • English
  • 6136707977
  • 9786136707976