A key goal for plan sponsors is to align the duration of a portfolio with its liabilities—in general, strive to mitigate the risk of pension…
The continued strength in Canada's real estate industry, along with the expectation of low interest rates in the medium term, should provide added appeal for…
Ottawa should issue more real-return bonds (RRBs) to satisfy investor demand and lower its borrowing costs, according to a report released today by the C.D.…
Extraordinarily low interest rates are one of the legacies of the recent financial crisis: as of July 2012, the Bank of Canada has fixed the…
GPIF sells bonds to handle increasing payout costs.
High-grade corporate bonds are better investments than government securities, argues John Braive, vice chairman of CIBC Global Asset Management.
With interest rates stuck at historic lows, we’re at a point where the “annuities are expensive” mantra is conventional wisdom and rarely questioned. The purpose…
Fixed-income investing will continue to play a crucial role for investors, even as three decades of bond-market gains appear likely to come to an end,…
Ford Motor Co. will pump $3.8 billion into its global pension plans this year as it tries to get them closer to fully funding their…
Integra Capital Limited has entered into an agreement with Boston-based Columbia Management Investment Advisers, LLC to represent the firm in the Canadian institutional market.
Brandes Investment Partners and Sionna Investment Managers have launched a new monthly income fund, the Brandes Sionna Monthly Income Fund (BSMIF), which they describe as…
Pension plan sponsors continue to debate the merits of active management versus the efficiency of passive management. The answer of which strategy to use is,…
Dividend and earnings yields on many equities now exceed bond yields. Today’s investment professionals have rarely seen this circumstance. This situation is prompting many to…
The market is growing rapidly and is projected to reach $31 billion by 2017.
Falling asset values and low interest rates conspired to pull down the average funding ratio of Canadian pension funds in 2009, according to research by…
Third quarter returns on U.S. and international equities were up for institutional investors, but the assumed credit premium over fixed income yields fell, resulting in…
While the active versus passive asset management debate typically revolves around equity funds, the latest Standard & Poor’s Index Versus Active (SPIVA) report out of…
Canadian pension funds are breathing a little easier lately thanks to marginal but steady improvements in equity returns and bond prices, according to Mercer’s Pension…
For years, Canadian investors could count on two certainties: first, fixed income as an asset class did not draw too much attention; second, the relative…
Many plan sponsors have employed passive-core and active-satellite investment portfolios. Under this approach, the passive-core generally is a passive multi-asset (or balanced) portfolio, while the…
A new association representing the interest of the Canadian securities lending industry — the Canadian Securities Lending Association (CASLA) — was officially launched on Monday.…
With nowhere to hide in the unforgiving equity and fixed income markets, institutional assets shed 42% of their worth, amounting to US$2 trillion in losses,…
Vancity Circadian Monthly Income Fund and Inhance Monthly Income Fund Class A were the top two SRI mutual funds in Canada last year, according to…
With bonds exposed to market volatility, how can investors seize emerging opportunities in fixed income? The current liquidation in the market is the result of…
The Government of Canada should create a new debt security that will provide stable long-term cash flows for pension fund managers, according to a report…