MFS Investment Management has announced Alison O’Neill as the chief investment officer to replace Edward Maloney as he takes over as CEO in January 2025.
O’Neill has been with MFS since 2005 which she joined as an equity research analyst. She became the co-CIO of equity in 2020, and before was the director of research for North America and worked in a diversified portfolio management role.
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“Alison is an exceptional leader and culture carrier. She brings valuable investment knowledge across industries and sectors to her role as CIO, as well as deep conviction in the firm’s long-term-focused investment platform,” Maloney said.
“During her nearly 20 years with the firm, she has been involved in hiring and mentoring many members of the investment team and has collaborated with leadership across the department to help enhance our investment platform. Alison is a fantastic teammate in the truest sense of the word, and we look forward to her bringing her unique experience and perspective to MFS’ Management Committee.”
Maloney will succeed Michael Roberge in his role of CEO as Roberge becomes the company’s executive chair. As of the end of February, MFS held $615.1bn (£482.6bn) assets under management.
