Sun Life Global Investments (Canada) hired Lazard Asset Management (Canada) as subadviser of the Sun Life Infrastructure Fund.
Lazard replaces Sentry Investments as the subadviser of the fund, which had been branded as the Sun Life Sentry Infrastructure Fund, according to the fund's website.
Sentry was terminated because of organizational changes related to Sentry's acquisition by CI Investments that closed Oct. 2, according to a statement provided by Derek Kirk, Sun Life spokesman.
Sun Life Infrastructure Fund had C$139 million ($107 million) in assets as of June 30, all for institutional investors, Mr. Kirk said.
