Cashing in on global gains
US financial giant MFS Investment Management announced the launch of a new global equity strategy, the MFS Meridian Funds – Prudent Capital fund, last week.
The fund will be manages by Citywire + rated Barnaby Wiener and David Cole.
Commenting on the launch, president of MFS International Ltd, Lina Medeiros, said: ‘It's been almost eight years since we've had a significant downturn in the markets. This market cycle, like all cycles before it, will eventually end and investors will rediscover the importance of capital preservation.’