Business
Sun Life announces the appointment of Tom Murphy as President, Sun Life Asset Management
Sun Life announces the appointment of Tom Murphy as President, Sun Life Asset Management ...
About this update from Sun Life Financial Inc.
[{"type":"text","content":"\n\n\n\n Sun Life announces the appointment of Tom Murphy as President, Sun Life Asset Management\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n Company brings all asset management businesses together under one pillar\n \n\n\n\n\n\n\n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n Oct. 6, 2025\n \n\n /CNW/ - Sun Life today announced the appointment of\n \n Tom Murphy\n \n as President, Sun Life Asset Management as it continues to accelerate growth across its global asset management businesses.\n \n\n \"Sun Life is a leading global asset manager, and this new role and structure will bring all of Sun Life's asset management businesses together under one pillar. Sun Life Asset Management will also build new capabilities to better drive synergies between our asset management and insurance businesses,\" said\n \n Kevin Strain\n \n , President & CEO, Sun Life.\n \n\n In addition to MFS, a global provider of equity and fixed income solutions, and SLC Management, a global provider of alternative assets and fixed income, Sun Life Asset Management will include Sun Life's stake in Aditya Birla Sun Life Asset Management, one of the largest asset management businesses in\n \n India\n \n , as well as Sun Life's pension risk transfer business, currently part of Sun Life's Canadian business. Together these businesses generated over CAD\n \n $1.4 billion\n \n in earnings for Sun Life in 2024.\n \n\n \"Sun Life is among the largest asset managers and insurance companies in the world, with CAD\n \n $1.54 trillion\n \n in assets under management,\" added Mr. Strain. \"Tom's leadership and the additional businesses now within our asset management pillar mark an important next step for Sun Life, enabling collaboration and co-creation between our market leading asset management companies and our global insurance and wealth businesses to unlock new growth opportunities and to better serve our Clients.\"\n \n\n Effective\n \n January 1, 2026\n \n , Sun Life's asset management financial results will reflect this new structure. This chang...