American Skandia Investment Services hired MFS Investment Management...

American Skandia Investment Services hired MFS Investment Management as "interim co-portfolio manager” for two mutual funds run by Fred Alger Management, the AST and ASAF Alger All-Cap Growth Portfolios. The funds have combined assets of $835 million. David Alger, CIO of Fred Alger Management, was among those still listed as missing in the terrorist attack. American Skandia said it has "great confidence” in Fred Alger Management’s ability to rebuild.