Sun Life Financial has completed the acquisition of New York City-based Ryan Labs Asset Management, which specializes in liability driven investing (LDI) and total return fixed income strategies for institutional clients across US.
The LDI strategies of Ryan help meet the risk management objectives of defined benefit pension funds in an actively managed framework, whereas Ryan’s total return strategies range are managed against traditional fixed income benchmarks.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Following the deal, Ryan will operate as a unit of Sun Life Investment Management, which offers investment solutions to institutional investors.
Sun Life Financial chief investment officer and Sun Life Investment Management president Steve Peacher said, "Extending our asset management footprint in the U.S. through this acquisition is an important milestone for Sun Life Investment Management.
"Ryan Labs has a strong focus on its customers and excellent investment performance across their LDI and total return platforms. The acquisition builds on our successful launch of Sun Life Investment Management Inc. in Canada, and continues to grow our asset management business as part of Sun Life Financial’s four-pillar enterprise strategy."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
