SLGI Asset Management Inc., a subsidiary of Sun Life Financial Inc., has announced several changes to its mutual fund lineup. The company will make adjustments to the management of the Sun Life Real Assets Private Pool and close one of its international equity funds.
Effective after business closes on October 14, 2025, Lazard Asset Management (Canada), Inc. will no longer serve as sub-advisor for the infrastructure portion of the Sun Life Real Assets Private Pool. Cohen & Steers Capital Management, Inc. will take over this role. Cohen & Steers is recognized for its global expertise in infrastructure investments spanning more than three decades.
On the same date, SLGI Asset Management will assume responsibilities previously held by KBI Global Investors (North America) Ltd., becoming sub-advisor to the Pool while also serving as portfolio manager. In addition, SLGI Asset Management plans to update the investment strategies of the Pool to include exposure to physical commodities. The overall investment objective for the Pool remains unchanged.
SLGI Asset Management has also decided to close the Sun Life JPMorgan International Equity Fund in an effort to streamline options available to investors. This fund will be terminated at close of business on October 14, 2025, and any remaining investors will have their holdings redeemed.
According to information from SLGI Asset Management Inc., as of December 31, 2024, it managed $40.95 billion for institutional and retail clients across Canada and is part of Sun Life's group of companies.
Sun Life operates internationally with services in asset management, wealth solutions, insurance, and health benefits across various markets including Canada, United States, United Kingdom, Ireland, Hong Kong, Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As reported on June 30, 2025,Sun Life had total assets under management amounting to $1.54 trillion.
"SLGI Asset Management Inc. is a subsidiary of Sun Life Financial Inc. and offers Canadians a diverse lineup of mutual funds and innovative portfolio solutions, empowering them to pursue their financial goals at every life stage. SLGI Asset Management Inc. brings together the strength of one of Canada's most trusted names in financial services, Sun Life, with some of the best asset managers from around the world to deliver a truly global investment platform."
"Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide..."