Sun Life Investment Management hires Murphy as affiliate development and biz strategy head

Sun Life Investment Management has named Tom Murphy as head of affiliate development and business strategy. His appointment begins September 4, 2018. Murphy’s work background includes building Mercer‘s European outsourced chief investment officer business.


NEW YORK CITY, Aug. 21, 2018 /PRNewswire/ – Sun Life Investment Management is pleased to announce the appointment of Tom Murphy as Head of Affiliate Development and Business Strategy, Sun Life Investment Management.

In this new role, Murphy will be responsible for driving the global business strategy for Sun Life Investment Management’s third-party institutional business. He is uniquely poised for this role with over 25 years of global investment experience that includes building Mercer’s European Outsourced Chief Investment Officer (OCIO) business, and most recently overseeing its US Wealth Business, which includes the US OCIO, Defined Benefit (DB), Defined Contribution (DC), Not For Profit and Wealth Management businesses. Based in Sun Life Investment Management’s Wellesley, Massachusetts office, he will join the team on September 4, 2018. Murphy will report to Steve Peacher, President, Sun Life Investment Management and will be a member of the Sun Life Investment Management Senior Leadership Team.

“We are thrilled to welcome Tom Murphy to Sun Life Investment Management,” said Peacher. “With over 25 years of experience in the investments industry, specifically building and leading OCIO and pension consulting businesses in Europe and North America for one of the world’s largest investment consultants, Tom is well positioned to contribute toward our ambition of becoming a global institutional asset manager.”

Sun Life Investment Management was established as a third-party asset management business in 2014 and today has assets under management of over $47 billion. The group of companies across Sun Life Investment Management provide investment solutions to over 800 institutional investors, including Total Return Fixed Income strategies, Liability Driven Investing strategies, Private Debt, Real Estate Debt and Equity and Leveraged Loan strategies.

“Tom’s appointment reinforces our ability to attract top talent and validates our strategic focus on fixed income, liability driven investment strategies and alternative asset classes. He will add valuable insight as we expand our capabilities and position our offerings for the institutional marketplace,” added Peacher.
Additional details of the appointment:

Tom Murphy joins Sun Life Investment Management with over 25 years of global investment strategy and business growth experience. Most recently, Murphy was a senior partner at Mercer and Head of their US Wealth Business, providing a range of investment, retirement and financial wellness services to over 3,000 institutional clients, including public and private corporations, government and state bodies, not-for-profit organizations and financial service intermediaries.

Murphy led many parts of the global business since joining Mercer in 1997, including the US Delegated (OCIO) Investments Business (growing it from $10 billion in 2011 to over $90 billion today). He also started and led Mercer’s European Delegated (OCIO) Investment Business, which has grown to over $100 billion and serves clients across Europe, the Middle East and Asia. Murphy was a member of Mercer’s Global Investment Leadership Team and the North American Executive Leadership Team.

Murphy holds a degree in Economics and Statistics from the University College Dublin and subsequently qualified as a Fellow of the Institute of Actuaries. He also has an MBA from the Smurfit School of Business, Dublin Ireland.

About Sun Life Investment Management
The Sun Life Investment Management group of institutional investment management companies comprises Sun Life Institutional Investments (Canada) Inc. and Bentall Kennedy (Canada) Limited Partnership in Canada, and Prime Advisors Inc., Ryan Labs Asset Management and Bentall Kennedy (U.S.) Limited Partnership in the United States. These operations have combined third-party assets under management of $47 billion as of June 30, 2018.

Sun Life Investment Management is supported by the investment division of Sun Life Assurance Company of Canada that manages $112 billion in assets under management for the Sun Life Financial group of companies as of June 30, 2018.

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Note to Editors: All figures in US dollars except as otherwise noted.