Sun Life Financial Of Canada (Philippines)

Sun Life Financial

Sun Life Financial, Inc. is a Canada-predicated financial accommodations company kenned primarily as a life indemnification company. It is one of the most immensely colossal life indemnification companies in the world, and withal one of the oldest with the history spanning back to 1865.It celebrates its 150th day of inchoation in 2015 and has a gallery of memorable milestones and stories from the company's history at SunLife.

Sun Life Financial has a vigorous presence in investment management with over CAD$734 billion in assets under management operating in a number of countries.

Predicated in Toronto, Canada, Sun Life and its partners provide indemnification, retirement and investment solutions for individuals and businesses around the world including Canada, the Amalgamated States, the Amalgamated Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. Sun Life ranks number 236 on the Forbes Ecumenical 2000 list for 2010 as well as on the Fortune 500 list.

Asset Management

Adjacent to having a vigorous presence in asset management industry through MFS Investment Management and Sun Life Ecumenical Investments (Canada) Inc. that it launched in 2010, Sun Life financial withal commenced a third-party asset-management arm in 2014, under the brand name Sun Life Investment Management, seeking to integrate fee revenue and distance itself from more capital-intensive operations such as annuities. The insurer in May 2014 hired Carl Bang from the Qatar Substructure Endowment as president of Sun Life Investment Management Inc. to avail lead a push with pension clients.

In January 2015, Sun Life Financial Inc. promulgated its purchase of U.S. asset manager Ryan Labs, integrating US$5.1B under management to reinforce its asset management presence in Amalgamated States. It is a component of the Sun Life Investment Management organization.

The company operates in India as Birla Sun Life Asset Management. Established in 1994, Birla Sun Life Asset Management Company Ltd. (BSLAMC), investment manager for Birla Sun Life mutual fund, has been a joint venture between the Aditya Birla Group and Sun Life Financial Inc. since 1999. Birla Sun Life Mutual Fund is the fourth most sizably voluminous Fund house in India predicated on domestic average assets under management as published by AMFI for the quarter ended March 31, 2014.

Sun Life Financial withal has vigorous asset management presence in Philippines. It is currently the most sizably voluminous non-bank affiliated asset management company in the country with virtually P47 billion in assets under management (AUM) as of December 2014.