Global asset manager MFS Investment Management has appointed Matthew Weisser as managing director for Europe. He will be responsible for managing and developing MFS’ growing wholesale business across Europe and will lead the sales management effort across key distribution channels.
Weisser joins from Standard Chartered Bank, where he spent five years leading and managing the bank’s distribution team for the EMEA region. Before that he spent eight years with UBS Wealth Management, working within their Americas sales team and more recently the North, East and Central Europe sales team.
He said: “This is an exciting opportunity for me. I’m looking forward to taking my experience gained working at two multinational wealth managers and using that knowledge to help MFS reach its future growth potential in Europe.”
President of MFS International Ltd Lina Medeiros said: “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. As we look ahead to the next phase of our development, we are firmly focused on plans to deepen our client base across the region and to diversify our product offering.’
‘When we looked at what was needed to sustain this high level of growth for the years ahead, we felt it was strategically important to strengthen the leadership of our sales team. We are delighted to have been able to attract such a talented and knowledgeable individual, who brings years of regional and global experience. I am confident that Matthew will prove to be a great asset to the team as we extend our position in the European market.”
Since 2010 MFS has seen its international wholesale business grow from $10.8 billion to $30.4 billion today over the last five years.