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MFS Has What Managers Crave: Active Stock Funds That Draw
FYI: As investors flee active managers, MFS Investment Management, which created the first mutual fund in 1924, is staying the course, picking blue-chip stocks and gaining assets Investors are pouring into the $39.1 billion MFS Value Fund, which has added almost $2 billion in the past year. Flows into the $25.6 billion MFS International Value Fund have been so strong that the firm closed it to new investors in 2015. Regards, Ted http://www.bloomberg.com/news/articles/2016-09-20/mfs-has-what-managers-crave-active-stock-funds-that-draw-money
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