Sun Life Financial acquires 51% stake in Advisors Asset Management for $214m

Sun Life Financial acquires 51% stake in Advisors Asset Management for $214m

Sun Life Financial has wrapped up the previously announced $214 million acquisition of a 51% stake in American retail distribution firm Advisors Asset Management (AAM). The Canadian financial services company announced the deal in September 2022. Advisors Asset Management will now come under SLC Management, which is the institutional fixed income and alternatives asset manager […]