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Sun Life hosts SLC Management Investor Day showcasing progress since inception

Sun Life Financial Inc. is pleased to host SLC Management Investor Day, where executives will share the strategic direction of SLC Management, the company’s alternatives asset management business focused on investment grade fixed income, alternative credit, and real assets.

Senior leaders from Sun Life and SLC Management, including its investment managers,will present the firm’s broad suite of investment capabilities, solutions and opportunities for continued growth.

SLC Managementwill also announce 2025 objectives of $225 billion in assets under management (AUM), $225 million of underlying net income and an operating margin of 30-35%.

“Since our inception seven years ago as a start-up Canadian asset manager, SLC Management has truly become a global organization of scale,” said Steve Peacher, President, SLC Management. “In 2016,we set a target of reaching $100 billion in AUM by 2020. Today, SLC Management, including its investment managers,BentallGreenOak, InfraRed Capital Partners and Crescent Capital, manage$145 billion in assets for over 1,300 institutional Clients around the world. In this low-rate environment, we are poised to continue to deliver yield, total return and diversification to meet our Clients’ financial objectives.”

SLC Management reached a milestone earlier this year with the addition of Crescent Capital, rounding out their set of alternative investment solutions for Clients. Since 2014, Sun Life has acquired six firms that have been added under the SLC Management umbrella, building a leading alternatives and fixed income asset manager.Now, SLC Management will focus on maximizing the capabilities that the firm has built and acquired over the past several years, while creating new strategies for Clients.

Sun Life’s ability to co-invest in SLC Management’s solutions is a key part of their growth strategy and a point of differentiation for the firm.

“From the beginning, our goal was to create an asset manager that offered to its institutional Clients the same types of investment strategies that we utilize in our General Account at Sun Life,” added Peacher. “We view this as a win-win-win, as it allows us to create alignment with our Clients, provide additional sources of return and diversification for Sun Life, and spur the growth of new solutions at SLC Management.”