MFS Investment Management has opened a new alternative investments subsidiary that will provide products specifically geared for institutional clients as well as seed and expansion capital for hedge funds. MFS will offer operational and systems support.

“Our institutional clients are increasingly demanding alternative investments to complement long-only strategies and diversify their portfolios,” said MFS President and Chief Executive Officer Robert J. Manning. “Our evolution into the alternative investments business is a natural and thoughtful extension of our core business.”

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