Record sales lifted MFS Investment Management's [profile
] AUM in the first quarter. The firm had sales of $19.5 billion in Q1, redemptions of $13.6 billion, and $25.7 billion asset appreciation.
, MFS' parent, included the numbers in the Sun Life Q1 earnings report
"MFS Investment Management had a strong quarter and continues to expand its distribution," stated Dean Connor
, president and CEO of Sun Life.
Total AUM was $284.8 billion as of March 31, 2012, up from $253.2 billion on December, 31, 2011.
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