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

News Room
By News Room 5 Min Read

TORONTO – 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.

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.

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