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Sun Life completes acquisition of Excel Funds and the investment Advisor Excel



January 4, 2018 09:45

Rick Headrick, president of Sun Life global Investments, and Bhim D. Asdhir, president and chief executive officer of Excel Funds.

Sun Life global investments concluded the acquisition of all the outstanding units of the Excel Funds and investment Advisor to Excel, announced last September. This allows Sun Life to expand its wealth management activities in Canada by adding a range of emerging markets fund.

«Sun Life global investments has achieved a significant milestone by welcoming officially the Excel Funds within the family of Sun Life. By expanding its range of emerging markets fund and adding funds exchange-traded Funds Excel, it may offer a wider choice of options to help clients achieve their financial goals, » says Rick Headrick, president of Sun Life global Investments. We have started the process of integration, and strive for a smooth transition for clients and advisors of Sun Life global Investments and Funds Excel. «

Bhim D. Asdhir, the former CEO of Excel Funds joins the executive team of Sun Life global Investments as head of business development, emerging markets. Excel funds manages assets of approximately $ 700 million ($M), bringing the total assets under management of Sun Life global Investments to more than $ 18 billion.

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