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Stock Market & Financial Investment News

News Breaks
December 17, 2012
08:15 EDTSLF, SLFSun Life Financial to host conference call
Conference call to discuss the sale of the company's domestic U.S. annuity business will be held on December 17 at 8:30 am. Webcast Link
News For SLF From The Last 14 Days
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January 28, 2015
09:31 EDTSLFSun Life Financial acquires Ryan Labs Asset Management
Sun Life Investment Management and Ryan Labs Asset Management announced an agreement whereby Sun Life Financial will purchase Ryan Labs of New York City from the firm's current owners. The transaction is expected to close in the first quarter of 2015, subject to regulatory approval and customary closing conditions, and is not material to the results of Sun Life Financial. Ryan Labs has approximately $5.1B in assets under management for clients across the United States. Following completion of the transaction, the firm will operate as a unit of Sun Life Investment Management, which offers investment solutions to liability-based institutional investors. Sun Life Investment Management launched its third-party business in Canada in 2014, and the addition of Ryan Labs will extend its footprint in the U.S. Ryan Labs will retain its brand name and will maintain the location of its headquarters at 500 Fifth Avenue in New York City. Its operations will continue to be managed by its current team, headed by President, Sean McShea. McShea will report to Steve Peacher, President, Sun Life Investment Management and Chief Investment Officer, Sun Life Financial.

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