Earnings surge for Great-West Lifeco in Q4
The firm recently acquired a U.S. retirement business and sold its asset management group
- By: IE Staff
- February 11, 2021 February 11, 2021
- 12:05
The firm recently acquired a U.S. retirement business and sold its asset management group
The fund's net assets were $475.7 billion, compared with $456.7 billion a quarter earlier
The company's assets increased dramatically following several acquisitions
The asset manager also announced it had raised its dividend
The insurers profits climbed 3.5% to $744 million in the quarter
Core earnings dip slightly despite profit increase, however
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