MFS makes senior wholesale appointment

MFS Matthew WeisserMFS Investment Management has appointed Matthew Weisser as managing director for Europe, a newly created role.

Weisser will be responsible for managing and developing the US firm’s wholesale business across Europe and will also lead sales management across distribution channels.

Weisser has over 13 years in the industry and joins from Standard Chartered Bank where he spent five years leading and managing the bank's distribution team for Europe, the Middle East and Africa. Prior to that he spent eight years with UBS Wealth Management, working within the Americas sales team and more recently the North, East and Central Europe sales team.

According to MFS IM, since 2010 it has seen its international wholesale business grow from $10.8 billion (€9.8 billion) to $30.4 billion today.

“We have made good strategic progress building our presence across Europe in recent years. By focusing on a group of core growth markets, we have seen our business go from strength to strength,” says Lina Medeiros, president of MFS International, a subsidiary of MFS Investment.

MFS has $403.7 billion in assets under management as of September 30, this year.

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