Sun Life Global Investments (Canada) Inc. (SLGI), Toronto-based Sun Life Financial Inc.'s mutual funds division, has announced that Lazard Asset Management (Canada) Inc., also of Toronto, has been appointed subadvisor for Sun Life Infrastructure Fund.
The change is anticipated to occur on or about Dec. 15. The fund's investment objective and investment strategies will remain the same.
"Lazard Asset Management is a globally recognized leader in the infrastructure equity asset class, with a strong track record of delivering value throughout market cycles," SLGI says in a news release.
SLGI and Lazard Asset Management have partnered before in several capacities.