News releases | Sun Life Hong Kong

Sun Life Wins Three awards at Top Fund Awards 2019 by Chinese edition of Bloomberg Businessweek

Recognized for consistent bright performance

HONG KONG, December 4, 2019 – Sun Life Hong Kong Limited (“Sun Life” or “the Company”) receives a total of three awards at Top Fund Awards 2019 by Chinese edition of Bloomberg Businessweek in recognition of its bright MPF investment performance across Hong Kong Equity and Mixed Allocation categories. The Awards apply a Bloomberg data-driven and performance-based methodology evaluating funds subject to asset class categories to identify the best performing funds. All assessments are based on market figures and historical data available on the Bloomberg Terminal.

The following is the full list of the Company’s accolades at Top Fund Awards 2019 by Chinese edition of Bloomberg Businessweek:

Best Performer

• Mixed Allocation – Growth (MPF – 10 Years)

Outstanding Performer

• Equity - Hong Kong (MPF – 5 years)
• Equity - Hong Kong (MPF – 10 years)

Commenting on the win, Stanley Ngan, Chief Executive Officer of Sun Life Asset Management (HK) Limited, said: “It is a tremendous pleasure to receive the awards and we are absolutely thrilled to have won the awards. We have been providing clients with high-quality and thoughtful services, assisting them in planning their fruitful life. Our experienced investment team is committed in seeking to deliver sustainable outstanding long-term returns and innovative retirement solutions to individuals in Hong Kong. We are encouraged that our effort is being recognized by the professionals and peers. We will continue to improve our products and services to better meet market and client needs.”

Sun Life, the 4th largest MPF provider in town, with the amount of Asset Under Management (AUM) of HKD79 billion as of September 30, 2019, recorded a 27% of net fund inflows in the third quarter of 2019, ranking second in the market¹.

To learn more about the Top Fund Awards 2019 by Chinese edition of Bloomberg Businessweek, please visit : http://www.bbwhkevent.com/

Photo caption: Jamie Lee, Head of Strategic Initiatives of Sun Life Hong Kong Limited (first on left); Stanley Ngan, Chief Executive Officer of Sun Life Asset Management (HK) Limited (second on left) and John Lui, Chief Investment Strategist of Sun Life Asset Management (HK) Limited (forth on left) received the awards on stage.

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About Sun Life

Sun Life Financial Inc. is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life 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 September 30, 2019, Sun Life had total AUM of CAD$1,063 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. Sun Life Financial Inc. is the holding company of Sun Life Assurance Company of Canada. Sun Life Hong Kong Limited is a wholly-owned subsidiary of Sun Life Assurance Company of Canada.

Note to editors

1. Source: Mercer MPF Report – Market Shares and Estimated Net Fund Inflows in the Hong Kong Mandatory Provident Fund System as at September 30, 2019.