The Money Management Institute bulked up its governing body yesterday by electing new members from Eaton Vance, Fidelity Investments, MFS Investment Management and Phoenix Investment Partners.
The expansion of MMI's governors with representatives of top investment management firms indicates the investment management community's increasing support of the fast-growing importance of the separately managed accounts industry, which last year topped $500 billion in assets under management, said Christopher Davis, executive director of MMI.

"As the national organization for the [SMA] industry, adding members of this caliber to the Board is more important than ever," he said.
Bill Taylor, SVP and director of private portfolio services at MFS Investment; Lawrence Sinsimer, senior managing director, managed accounts, at Eaton Vance; Thomas O'Shea, VP p. of managed accounts for Fidelity's Registered Investment Advisor Group; and Stephen Gresham, EVOP, chief sales and marketing officer of Phoenix's Private Client Group, were elected to terms scheduled to run through the end of 2006.

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