Sun Life managing record assets of over $1.5-trillion despite outflow challenges [Globe and Mail, The (Toronto, Canada)]
Sun Life Financial Inc. (SLF)
Last sun life financial inc. earnings: 2/12 05:01 pm
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US:NYSE Investor Relations:
sunlife.com/global/investors?vgnlocale=en_ca
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Source: Globe and Mail, The
Chief executive Kevin Strain says the gains, up 13 per cent from the third quarter last year, make it the largest asset manager in Canada with more than $1.5-trillion under management. He says the growth came even as Sun Life is still facing “outflow challenges” from both institutional and retail clients, after it saw investors move a net $19.1-billion out of company's MFS Investment Management division in the quarter The company says the retail outflows are happening as investors continue to prefer high-growth tech stocks and shorter-term interest-bearing products to the offerings at MFS. Strain says the company is taking action to address the headwinds by offering a diverse range of products to meet evolving client needs. He says MFS will soon be launching five actively managed ETFs, while the company is also moving further into alternative strategies like private markets. Sign up for our new Business Brief newsletter. A daily look at the most important business stories
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SLF
News
- Sun Life U.S. donates $50,000 to Northeastern University's Roux Institute to help improve access to healthcare throughout MainePR Newswire
- Sun Life (SLF) Up 6.1% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- Sun Life U.S. and the Boston Celtics campaign #SunLifeDunk4Diabetes raises $105,000 for YMCA of Greater Boston [Yahoo! Finance]Yahoo! Finance
- Sun Life U.S. and the Boston Celtics campaign #SunLifeDunk4Diabetes raises $105,000 for YMCA of Greater BostonPR Newswire
- How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks [Yahoo! Finance]Yahoo! Finance
SLF
Earnings
- 11/4/24 - Beat
SLF
Sec Filings
- 11/13/24 - Form 6-K
- 11/5/24 - Form 6-K
- 11/5/24 - Form 6-K
- SLF's page on the SEC website