Sun Life Global Investments announced today that it will launch a new suite of income funds for Canadian investors that are slated to launch in January 2013 . Included in this new offering will be the new Sun Life Granite Managed Income Portfolios.
Pending receipt of all regulatory approvals, these new income funds will leverage the expertise of many investment managers with proven track records, including those from Sun Life Global Investments' newest partners, Dynamic Funds and Sentry Investments. The partnerships and new funds are Sun Life Global Investments' latest move to grow its business in Canada , since launching two years ago.
"We are thrilled to be partnering with two first class managers to expand the fund line-up that we've been building over the past two years," said Sadiq S. Adatia, Chief Investment Officer, Sun Life Global Investments. "Through these partnerships and these income funds, we can help investors generate money for life and give them more choices for earning income leading up to and during their retirement."
By investing in income funds, investors can rely on a steady amount of income to help them meet their lifestyle needs, with the goal of maintaining the nest egg that they have built up over their working lives.
"Baby boomers approaching retirement have had an increasing desire for income as they move from the asset accumulation phase into the asset de-accumulation phase of their lives," adds Rick Headrick , President, Sun Life Global Investments. "Income funds help investors in the de-accumulation phase because the distributions provide investors with money in their pocket to help pay for their needs and lifestyle."
Since launching October 2010 , Sun Life Global Investments has grown its investment platform to include 60 funds and oversees $5.7 billion in client assets under management. As of September 30, 2012 , 10 of 11 of the original long-term funds were above their respective median, with eight of 11 funds ranked in the top quartile over a two year period.* In addition, Sun Life Global Investments won its first Lipper Award** in 2012. The expansion of Sun Life Global Investments builds on Sun Life Financial's focus to grow its leadership in wealth management in Canada , as well as broaden its asset management business around the world.
No comments:
Post a Comment