Core Insights - Sun Life has appointed Tom Murphy as the President of Sun Life Asset Management to accelerate its global asset management business [1][2] - The restructuring aims to consolidate all asset management operations into a single business unit, enhancing collaboration between asset management and insurance [1][2] - Sun Life Asset Management will include stakes in Aditya Birla Sun Life Asset Management and the pension risk transfer business, contributing over CAD 1.4 billion in revenue in 2024 [2] Company Overview - Sun Life is a leading international financial services organization providing asset management, wealth, insurance, and health solutions across multiple global markets [4] - As of June 30, 2025, Sun Life manages total assets of CAD 1.54 trillion [4] - Sun Life Financial Inc. is publicly traded on the Toronto Stock Exchange, New York Stock Exchange, and Philippine Stock Exchange under the ticker SLF [4] Business Strategy - Sun Life Asset Management plans to leverage its extensive asset management capabilities, including public and private asset classes such as equities, fixed income, real estate, infrastructure, and private credit [3] - The company aims to accelerate the distribution of asset management solutions through its own wealth channels and explore new strategic partnerships [3] - The financial performance of Sun Life Asset Management will be disclosed under the new structure starting January 1, 2026 [2][3] Leadership Background - Tom Murphy has over 25 years of experience in global asset management and previously served as President of SLC Management's fixed income division [3] - He will continue to serve as Chief Risk Officer until a successor is appointed to ensure a smooth transition [3]
Sun Life宣布新任总裁