Some of the most important elements of the corporate culture at MFS [profile] include a collaborative, team-oriented culture, according to Morningstar.

Associate director of fund analysis Bridget Hughes also notes that there has been someevolution at the country’s oldest mutual fund company, which is nearing 90-years old. For example, once primarily a U.S.-focused investment organization, MFS now has more assets in international-equity mandates. One of its value strategies, represented by separate accounts and the MFS Value fund, has grown to be the firm's largest single strategy as investors have recognized its strong long-term record.

Moreover, Hughes notes that much of the firm's asset growth over the past three years has come from the institutional side, as opposed to the financial-intermediary channel, where MFS had always focused (though the industry is blurring those lines).

“For the first time, MFS now has more money invested through institutional accounts than it does in its lineup of mutual funds. Assets under management total more than $300 billion, with mutual fund assets making up roughly $90 billion of that,” Hughes writes.

More of the analysis can be found in Morningstar.  

Edited by: Tommy Fernandez


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