Robert Manning took the helm of the nation's oldest fund shop during its darkest hour, but five months removed from its monumental settlement with regulators, it's time to refocus on performance, he said.

With the majority of MFS Investments' legal troubles in the rear-view mirror, now is the time to concentrate on portfolio managers' stock-picking abilities, Manning said. This is an area he knows well, having come from the investment side of the business with a background in distressed debt and junk bonds.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.