MFS Investment Management, a full-service global Investment manager, has announced the hire of Jeri Savage as a retirement lead strategist, according to a press release. The company also announced monthly distributions of various closed-end funds, as well as data indicating a lack of knowledge of 401(k) plan target-date funds.
MFS Investment Management is one of the largest global asset managers, with a presence in the US, Latin America, Japan, and the UK. The company provides financial advisors, intermediaries, and institutional clients with a full range of Investment solutions.
In the last business cycle, MFS Investment Management has focused on intangible capital, such as research and development, brand marketing, and intellectual property. This has served to provide investors with potential opportunities that may not be available from traditional Investment.
MFS Investment Management has announced monthly distributions of the following closed-end funds, all with declaration dates of June 1: MFS Multimarket Income Trust, MFS High Income Municipal Trust, MFS Investment Grade Municipal Trust, and MFS Municipal Income Trust. Additionally, the company has released data that shows a lack of knowledge of 401(k) plan target-date funds among workers.
Other asset managers, including CFA Institute, Morgan Stanley Investment Management, and BlackRock, have also been pushing narratives about a soft landing and have noted the potential for economic growth in the near future. MFS Investment Management is no exception, investing in companies such as Adani Total Gas and Adani Transmission, Adani Green Energy, Adani Wilmar, and Adani Power.
MFS Investment Management is committed to providing investors with reliable, long-term Investment solutions. With the hire of Jeri Savage as a retirement lead strategist, the company is well-positioned to provide financial advisors, intermediaries, and institutional clients with the expertise necessary to help them reach their retirement goals.
