The Boston-based asset management company, which manages over $230bn of assets, has launched five equity funds, which are the European Concentrated Fund, European Research Fund, Global Concentrated Fund, Global Research Fund and US Concentrated Fund as well as a high yield fund, a multi-asset fund and an absolute return fund.
In addition, the company has merged a number of its existing strategies into other portfolios. This includes merging its Hong Kong Equity Fund with its China Equity Fund, its US Large Cap Growth Fund, US Mid Cap Growth Fund and Technology Fund into its US Concentrated Growth Fund and its Euro High Yield Bond Fund and US High Yield Bond Fund into its newly launched High Yield Fund.
Lina Medeiros, president of MFS International, said: “The changes in the MFS Meridian fund range aim to align us with the needs of our UK and European client base. They also provide greater access to MFS’s market leading global investment capability.
“In the institutional and US domestic markets we have been successfully managing high conviction and tactical assets for a good number of years. The natural evolutionary step is to offer these capabilities to our European wholesale client base through the Meridian fund family.”
