Boston-based MFS Investment Management set new record sales last quarter, according to its latest earnings report, issued by Canadian parent Sun Life Financial.

Specifically, the firm reported sales of mutual funds and managed funds in the first quarter of 2012 were $19.5 billion, an increase of $6.1 billion over the first quarter of 2011. Its total assets under management at March 31 were US$284.8 billion, compared to US$253.2 billion at December 31, 2011. “The increase of US$31.6 billion was driven by asset appreciation of US$25.7 billion and record gross sales of US$19.5 billion, partially offset by redemptions of US$13.6 billion,” according to the firm.

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