News
Toronto Property Management

Sun Life Financial to Acquire Prime Advisors

Sun Life Financial is acquiring Prime Advisors, a US investment management firm specializing in customized fixed-income portfolios, primarily for insurance companies, with US$13B in assets under management. Sun Life says the purchase is part of a strategy to broaden its asset management operations by expanding and diversifying the capabilities of its investment management arm. Following Sun Life’s acquisition of Bentall Kennedy and Ryan Labs Asset Management, the Prime Advisors deal will grow Sun Life Investment Management's third-party assets under management to C$50B in just over a year.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Toronto Newsletters
Related Stories

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

How JLL Uses Experiences To Give Retail Customers 'A Reason To Be There'

Legionnaires'-Linked Building Owners Repeatedly Warned, Data Shows

The AI Playbook Telling Landlords How To Cut Jobs And Manage The Message

Operational Expenses Are Becoming 'Full Deal-Breakers'

AI‑Powered Building Optimization Is Here. What We've Learned So Far

CBRE Hires Former EQ Office CEO For Property Management Role

Not For 'The Faint Of Heart': How One Third-Party Property Manager Balances Growth And Client Service

NYC Doormen, Supers Approve Strike That Could Start Next Week

How Hospitality Can Help Technology Create A Better Tenant Experience

Why Adgar Canada Believes People Make The Difference In A Successful Office Property

'Like Managing An ER': Property Management In The Era Of Distressed Office Buildings