Anthony Kingsley leaves MFS UK Equity to set up his own company

Anthony Kingsley, named manager of the MFS UK Equity fund, has left the group to set up his own company. The American group has not yet named a replacement as head of the fund but expects to make an announcement this week. Although named manager of the fund, Kingsley's role was never seen within the group as a portfolio manager. The fund, which contains 25-30 stocks, is a best UK equity ideas portfolio, with the ideas gathered together from the 50 global analysts employed by MFS. Kingsley fulfilled a role in bringing these ideas together but was, in effect, the first among equals. Th...