A Canadian company is thinking about the future of a U.S. money management unit.
Sun Life Financial Inc., Toronto, says it has hired investment bankers to advise it on “strategic alternatives” for MFS Investment Management, Boston.
“Sun Life Financial continually reviews the performance of all of its businesses to deliver and grow shareholder value,” Sun Life says. “The company values MFS as a strategic asset and remains committed to growing the business organically while assessing strategic alternatives.”