Sun Life posts higher profit on strength in asset management, Asia

May 5, 2015 10:01 PM

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TORONTO May 5 (Reuters) - Canadian insurer Sun Life Financial Inc reported a higher quarterly profit on Tuesday, driven by strength in its asset management business and healthy growth in Asia.

The Toronto-based company's net profit rose to C$441 million, or 72 Canadian cents a share, in the quarter ended March 31, compared with a net profit of C$400 million, or 65 Canadian cents a share, in the same period last year.

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