Sun Life managing record assets of over $1.5 trillion despite outflow challenges

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Sun Life managing record assets of over $1.5 trillion despite outflow challenges
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Sun Life Financial Inc. says market gains helped it reach an all-time high for assets under management in the third quarter, even as it continues to struggle with investors pulling out funds.

November 05, 2024 at 2:12PM ESTTORONTO —

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.

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