Fund manager MFS Investment Management announced Monday that fourth-quarter sales totaled $100 million, reversing outflows of $2.5 billion in the third quarter.

The Boston-based firm noted that a robust $2.2 billion of net inflows from institutional clients and structured income products more than offset net outflows in retail funds and annuities. Assets under management finished the year at $146 billion, up $7 billion from the end of September 2004, and a $6 billion improvement from a year ago, the company said.

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.