Sun Life Financial Inc launched an asset management business on Thursday to provide private asset class pooled funds for pension plans and other institutional investors looking to boost yield with alternative investments like real estate. Sun Life Financial, Canada's third-largest life insurer, which already has a big defined benefit pension business, said the new business, Sun Life Investment Management Inc., will offer the full services of an asset manager to institutional investors seeking access to the hot alternatives market. Sun Life's initial product suite includes three pooled funds, including a private fixed-income fund, a Canadian commercial mortgage fund, and a Canadian real estate fund, which will try to increase the rate of return investors can typically get with corporate bonds, with less downside risk.
via Business News - Yahoo Finance http://ift.tt/1azJoYo
0 commentaires:
Enregistrer un commentaire