MFS announced that Robert Lau of MFS Emerging Markets Equity will step down on Aug. 1, 2021, to focus on his responsibilities at MFS International Small-Mid Cap Equity. Jose Luis Garcia, a manager since 2008, and Henry Purcell, who joined as comanager in 2017, will remain in place. With plenty of advance notice for the transition and a capable team intact, this news doesn't impact the strategy's Above Average People rating. Its Morningstar Analyst Rating, ranging from Bronze to Neutral, depending on price, remains intact.
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