Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Sun Life Returns to the Canadian Mutual Fund Business Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, May 14, 2010

Sun Life Returns to the Canadian Mutual Fund Business

News summary by MFWire's editors

Fundsters interested in finding out more about Sun Life's move to return to the mutual fund business in Canada may want to take a look at this morning's "Fund Track" column in the Wall Street Journal. Caroline Van Hasselt reports that the proposed new fund operation is still unnamed. Van Hasselt also notes that, despite buying U.S. fund firm MFS in 1982, Sun Life didn't dive into the Canadian fund market until 1987 when founding Spectrum Mutual Fund Services.

Sun Life subsequently bought two more fund firms, Calvin Bullock and McLean Budden, then swapped its fund units to Canada's number three fund firm (in terms of assets), CI Financial, in exchange for a 30 percent stake in CI. Sun Life sold that stake in 2008 but still maintains its fund co-manufacturing relationship with CI, and a spokesman says that relationship won't change. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
40 Wall Street | 28th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use