TSX:SLFInsurance
Sun Life Fund Shakeup With State Street Ties Into SLF Valuation
Sun Life Global Investments is replacing BlackRock with State Street Global Advisors as sub-advisor for two major mutual funds.
The affected funds, focused on Canadian equity and bond exposure, will also be renamed as part of the change.
The shift reflects a reset in Sun Life Financial's (TSX:SLF) asset management partnerships within its mutual fund lineup.
For investors watching TSX:SLF, this move comes as the stock is trading around CA$85.8 and has returned 6.8% over the past year. Over...