MFS merges Cayman and European funds

European investors will soon be able to invest in MFS International global funds and US fixed income funds, following the decision to merge its Cayman range with its UK Oeic and Luxembourg Sicav. The Cayman Island funds and MFS UK Oeic will be merged into its Luxembourg Sicav and will be called the MFS Meridian Funds and will be established in September 2005. The move will create a single fund family designed to service all MFS markets on a pan-European and global level. The expanded MFS Meridian Funds will have 28 sub-funds with some $6.5bn in assets. For European investors the main...