Company Overview of Massachusetts Financial Services Company
Massachusetts Financial Services Company is a privately owned investment manager. The firm also provides retirement planning, college planning, and education and planning services. It primarily provides its services to investment companies. The firm also caters to pooled investment vehicles, pension and profit sharing plans, charitable organizations, corporations, state or municipal government entities, sovereign wealth separate account, and other investment advisers. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages equity, fixed income, and balanced mutual funds for its clients. The firm invests in the public equity and fix...
111 Huntington Avenue
Boston, MA 02199-7618
Founded in 1969
Key Executives for Massachusetts Financial Services Company
Co-Chief Executive Officer, Chairman of the Board of Directors, Director, and Member of Management Committee
President, Co-Chief Executive Officer, Director, Chief Investment Officer, Director of Global Research, Portfolio Manager, and Member of Management Committee
Executive Vice President, Chief Financial Officer, and Member of Management Committee
Executive Vice President, Chief Operating Officer, and Member of Management Committee
Executive Vice-President, Secretary, General Counsel, and Member of Management Committee
Compensation as of Fiscal Year 2016.
Massachusetts Financial Services Company Key Developments
MFS Investment Management Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2016
May 11 16
MFS Investment Management announced unaudited earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported net income of CAD 171 million against CAD 148 million a year ago. Operating net income was CAD 164 million against CAD 168 million a year ago. Negative net sales were CAD 1.5 million against CAD 0.2 million a year ago.
Sun Life Financial Asset Management Reports Earnings Results for the Fourth Quarter and Year Ended December 31, 2015
Feb 10 16
Sun Life Financial Asset Management reported earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, operating net income and underlying net income was CAD 183 million against CAD 156 million last year. Reported net income was CAD 177 million against CAD 157 million last year. Gross sales were CAD 24.2 billion against CAD 23.3 billion last year. Net sales were negative at CAD 5.8 billion against negative at CAD 2.2 billion last year. The favorable impact of the weakening Canadian dollar in the fourth quarter of 2015 relative to average exchange rates in the fourth quarter of 2014 increased operating net income by CAD 27 million. Net income increased primarily due to the favorable impact of exchange rates.
For the year, operating net income and underlying net income was CAD 700 million against CAD 616 million last year. Reported net income was CAD 691 million against CAD 491 million last year. Gross sales were CAD 100.5 billion against CAD 91.1 billion last year. Net sales were negative at CAD 19.0 billion against positive at CAD 1.2 billion last year. The favorable impact of the weakening Canadian dollar in 2015 relative to average exchange rates in 2014 increased operating net income by CAD 95 million.
Massachusetts Financial Services Company Presents at FIA/SIFMA Asset Management Derivatives Forum 2016, Feb-03-2016 through Feb-05-2016
Jan 5 16
Massachusetts Financial Services Company Presents at FIA/SIFMA Asset Management Derivatives Forum 2016, Feb-03-2016 through Feb-05-2016. Venue: Montage Laguna Beach, Laguna Beach, California, United States. Presentation Date & Speakers: Feb-03-2016, Nevis Bregasi, Vice President & Senior Counsel. Feb-05-2016, Nevis Bregasi, Senior Counsel.
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