Sun Life Financial Inc. is combining some of its affiliates into a new autonomous asset management business called SLC Management.
SLC Management will hold the organization's affiliated fixed-income institutional asset management businesses – Prime Advisors, Ryan Labs Asset Management and Sun Life Institutional Investments (U.S. and Canada) – as well as Sun Life's general account. SLC Management also replaces the Sun Life Investment Management brand globally, effective immediately.
Provides range of investment solutions
With C$212 billion in combined assets under management as of March 31, 2019, SLC Management provides its more than 1,000 institutional clients with a range of yield-oriented investment solutions across public and private fixed-income asset classes as well as global real estate equity and debt.
“The launch of SLC Management builds on the organic growth that we've achieved since the establishment of our business and on the acquisitions of Ryan Labs, Prime Advisors and Bentall Kennedy,” said Steve Peacher, president, SLC Management.
“This next step … enhances the strength, breadth, and seamless functioning of our investment strategies so that we can further achieve the investment objectives of our institutional clients.”