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MFS Investment Management ( MFS ) is an American-based global investment manager , formerly known as Massachusetts Financial Services. Founded in 1924, MFS is one of the oldest asset management companies in the world and has been credited with pioneering the mutual fund . [1] The very first mutual fund, the Massachusetts Investors Trust fund, is still in operation today. MFS had USD$448.7 billion in assets under management as of April 30, 2017.
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