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[Hong Kong, May 30, 2018] Sun Life Financial has been honoured with eight awards in recognition of its bright MPF investment performance across several sectors, including Equity Hong Kong, Mixed Asset Hong Kong Dollar Aggressive, Mixed Asset Hong Kong Dollar Balanced, and Mixed Asset Hong Kong Dollar Conservative.
Commenting on the win, Stanley Ngan, Chief Executive Officer of Sun Life Asset Management (HK) Limited, said: “It is a testament to the strength and capabilities of our investment team. We are absolutely thrilled to have won the awards. Our experienced investment team is committed to delivering sustainable outstanding long-term returns and innovative retirement solutions to individuals in Hong Kong. In March 2018, the team introduced a multi-sector approach to a constituent fund investment strategy, the first in Hong Kong’s MPF market.”
Sun Life, the 5th largest MPF provider in town, has recorded the fastest growth in the MPF market over the past 10 years in terms of the cumulative growth in percentage of MPF assets. The MPF assets managed by Sun Life increased from HKD4.6 billion as of Dec 31, 2007, to HKD60 billion as of Dec 29, 2017, representing a cumulative growth of 1,214%. Sun Life MPF recorded a net fund inflow of HKD7.6 billion in 2017, ranking second in the market1.
To learn more about the Thomson Reuters Lipper Fund Awards, please visit http://www.lipperfundawards.com/Awards/HongKong/2018 .
About Sun Life Financial
Sun Life Financial is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life Financial has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2018, Sun Life Financial had total assets under management ("AUM") of CDN$979 billion. For more information please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.
Notes to editors
1. Source: Gadbury Report - MPF Market Shares and Estimated Net Fund Inflows in the Mandatory Provident Fund System, Hong Kong as at 31 December 2007 and Mercer MPF Report – Market Shares and Estimated Net Fund Inflows in the Hong Kong Mandatory Provident Fund System as at 29 December 2017
Stanley Ngan (second left), Chief Executive Officer of Sun Life Asset Management (HK) Limited; Victor Man (third left), Head of Business Proposition, Wealth & Pensions of Sun Life Hong Kong Limited and Cliff Chan (fourth left), Vice President, Business Development, Wealth & Pensions of Sun Life Hong Kong Limited at the awards presentation ceremony of the Thomson Reuters Lipper Fund Awards Hong Kong 2018.