MFS Investment Management

also referred to as: mfs

8 statements across 1 episodes · 4 bullish · 4 bearish · 1 people on the record · first statement Dec 15, 2022 by Carol Geremia · said 42 times in 1 episodes since 2022 · across every show →

Mentions by year

brought up most by Ted Seides (34), Carol Geremia (8)

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Everything said about MFS Investment Management, oldest first

Dec 15, 2022 negative
Disclosure
Geremia: MFS aims for full-cycle outperformance rather than 1-to-5-year alpha
“We do not believe that we exist to generate alpha over short measurement periods like one, three, and five. Our goal is to outperform over a full market cycle”
Carol Geremia Dec 15, 2022 ▶ 17:13 Carol Geremia - Creating Long-Term Value for (almost) 100 Years at MFS (Capital Allocators, EP. 287)
Dec 15, 2022 negative
Prediction Didn’t hold up
Geremia: ESG will cease to be an investment term within three years
“The most exciting to me is that ESG will go away. It will not be an investment term in three years, and it has nothing to do with it not being super important.”
Carol Geremia Dec 15, 2022 ▶ 36:42 Carol Geremia - Creating Long-Term Value for (almost) 100 Years at MFS (Capital Allocators, EP. 287)
Dec 15, 2022 negative
Opinion
Geremia: Skeptical that investment personalization actually serves client needs
“I think there's a lot of talk about personalization, and I'm a little skeptical on that, because again, I'm not sure that's actually, it sounds good, and it sounds like it's about the customer. I'm not sure that's actually What the customer needs. I think it's…”
Carol Geremia Dec 15, 2022 ▶ 48:33 Carol Geremia - Creating Long-Term Value for (almost) 100 Years at MFS (Capital Allocators, EP. 287)
Dec 15, 2022 negative
Disclosure
Geremia: MFS Avoids Active ETFs Because They Cannot Be Closed for Capacity
“We have looked a lot at active ETFs as an example, but here's the problem with ETFs. You can't close the products. How do you manage capacity, and how do you protect performance as an active manager? That is the sole reason we have not offered an active ETF.”
Carol Geremia Dec 15, 2022 ▶ 34:39 Carol Geremia - Creating Long-Term Value for (almost) 100 Years at MFS (Capital Allocators, EP. 287)
Dec 15, 2022 positive
Assertion Supported
Geremia: MFS stock holding duration is 3-4x the industry average
“When you even look at the average holding of a stock inside our portfolios, it's three to four times the industry average.”
Carol Geremia Dec 15, 2022 ▶ 19:15 Carol Geremia - Creating Long-Term Value for (almost) 100 Years at MFS (Capital Allocators, EP. 287)
Dec 15, 2022 positive
Assertion Not checkable as stated
Geremia: Combining credit and equity analysts protected MFS in 2008
“It was the greatest differentiator for us in the global financial crisis. We could see our fixed income team knew and understood and started to understand the issues, especially in the financial sector, and really said, there's a lot of stuff here we can't val…”
Carol Geremia Dec 15, 2022 ▶ 22:29 Carol Geremia - Creating Long-Term Value for (almost) 100 Years at MFS (Capital Allocators, EP. 287)
Dec 15, 2022 positive
Disclosure
Geremia: MFS closed high-inflow product to protect existing shareholder returns
“About almost 20 years ago, and I was taking over the institutional business, and so I had a lot to learn. And you're dealing with large institutions all over the world, but we made the decision to close a product that was receiving lots of flow. And I, at the …”
Carol Geremia Dec 15, 2022 ▶ 5:05 Carol Geremia - Creating Long-Term Value for (almost) 100 Years at MFS (Capital Allocators, EP. 287)
Dec 15, 2022 positive
Disclosure
Geremia: MFS ties at least one-third of compensation to teamwork
“So we changed compensation decades ago, first and foremost, to say that we are a team and that's the way we're going to incent people to operate. So you're not just going to get paid on your results. That's going to be a huge factor for sure, but there's going…”
Carol Geremia Dec 15, 2022 ▶ 24:06 Carol Geremia - Creating Long-Term Value for (almost) 100 Years at MFS (Capital Allocators, EP. 287)
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