Sun Life prepares to open HK asset management firm
The global financial group will open an asset management business in Hong Kong this year, a senior executive tells AsianInvestor. But he says it will not operate under the traditional fund house model.
Canada’s Sun Life Financial will establish an asset management company in Hong Kong this year, a senior executive has told AsianInvestor.
It will be the insurance and wealth management group’s second wholly-owned asset management firm in Asia, alongside its Manila fund house.
The firm is looking to implement a fund-of-funds structure, instead of the usual asset management model.
Roger Steel, Asia president for new markets and business development, said that the new Sun Life I…
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