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 |
|
Thursday, May 24, 2007 Pozen: MFS is Better Off Single Months after Sun Life put MFS through a very public and fruitless dating process, Bob Pozen says there's no point in selling. In an interview with Bloomberg, the MFS chairman pointed to the fund family's recent performance as a reason to stay right where it is. Like a child with parents from "the Old Country," though, MFS may not have much of a say in who it ever ends up marrying. "We think there would not be a benefit to selling the company because we operate as a relatively standalone operation and do very well," Pozen insisted, noting a 50 percent increase in MFS' assets since the management change three years ago, as well as 66 percent jump in year-over-year earnings. "We're feeling pretty good about it." Printed from: MFWire.com/story.asp?s=14505 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |