Maintaining highline performance in its mutual funds is a key strategy for MFS Investment Management to regain its position in the marketplace, according to C. James Prieur, president and chief operating officer of MFS parent Sun Life Financial. Prieur made his remarks during a presentation for a recent UBS Global Financial Services Conference.

"Fund performance improvement has always been a leading indicator of future fund flows, so [our improvement in this area] helps give us confidence that MFS will be able to regain market share in the domestic retail mutual fund market in the U.S.," Prieur said. "MFS has significantly improved its short- and medium-term fund performance in 2004 with 82% of funds over one year and 77% over three years in the top half of the Lipper ranking."

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