- Prime Advisors is an investment management firm specializing in customized fixed income portfolios, mostly for U.S. insurance companies. As of May 31, it had about $13B in AUM. Terms of NYSE:SLF's purchase were undisclosed.
- Combined with the recently announced purchase of Bentall Kennedy and the closed deal for Ryan Labs Asset Management, Sun Life's third-party AUM have grown to a combined C$50B in just over a year.
- Source: Press Release