CIR news

Latest news in Research & Markets

Canadian DB pension plans return 1.19% in second quarter of 2023: report

Canadian defined benefit pension plans generated a median return of 1.19 per cent in the second quarter of 2023, according to the BNY Mellon Canadian…

  • By: Staff
  • August 10, 2023 August 9, 2023
  • 11:30

New study explores how DB pension plan size impacts investment mandates, asset allocation

A new study looking at the implications of scale in defined benefit pension plans found size is key for several trends over time, including investment…

Average Canadian DB pension plan returns 0.8% in Q2 2023: report

The average Canadian defined benefit pension plan posted returns of 0.8 per cent in the second quarter of 2023, according to RBC Investor and Treasury…

  • By: Staff
  • August 2, 2023 August 2, 2023
  • 15:00

Manitoba’s TRAF returns -0.42%, increases funded ratio in 2022

Manitoba’s Teachers’ Retirement Allowances Fund returned negative 0.42 per cent in 2022, exceeding its benchmark return of negative 5.04 per cent. “While we are pleased…

  • By: Staff
  • July 31, 2023 July 31, 2023
  • 15:00

Survey finds half of global investors reduced investment in digital assets in the past year

While nearly half (49 per cent) of global institutional investors and wealth managers have reduced their investment levels in digital assets in the past 12 months,…

  • By: Staff
  • July 27, 2023 July 26, 2023
  • 11:00
Copyright_Tinnakorn Jorruang_123RF

New report highlights importance of ESG factors in Canadian municipal, provincial bonds

Since municipalities and provinces fund public services and infrastructure with clear environmental and social benefits, as well as having substantial power to shape policies in…

  • By: Staff
  • July 27, 2023 July 26, 2023
  • 09:00

U.S. public pension funding shortfall unlikely to meaningfully improve in 2023: report

U.S. state and municipal pension funds are on track to miss investment targets and are unlikely to see meaningful improvements in their unfunded liabilities or…

  • By: Staff
  • July 21, 2023 July 21, 2023
  • 15:00

Average DB pension plan’s funded position up in June: report

The funded position of a typical defined benefit pension plan increased on both a solvency and accounting basis during the month of June, according to…

  • By: Staff
  • July 20, 2023 July 18, 2023
  • 12:00

Canadian institutional investors optimistic about emerging markets fixed income: survey

Canadian institutional investors are optimistic about the prospects of emerging markets bonds, with more than half (52 per cent) saying they’re likely to increase their…

  • By: Staff
  • July 18, 2023 December 20, 2023
  • 11:00

BoC raises key interest rate to 5%, expects slower return to inflation target

The Bank of Canada raised interest rates again on Wednesday and released new projections that suggest it will take longer to get inflation back to…

ICPM appointing Julie Mallory to research committee

The International Centre for Pension Management is appointing Julie Mallory, managing director of portfolio strategy and investment risk at Ontario Power Generation Inc., to its…

  • By: Staff
  • July 11, 2023 July 11, 2023
  • 12:30

Median solvency ratio of Canadian DB pensions up in Q2: reports

Canadian defined benefit pension plans’ median solvency ratio increased in the second quarter of 2023, according to a new report by Mercer. The report, which looked…

  • By: Staff
  • July 6, 2023 July 5, 2023
  • 09:00

Canadian annuity prices show asymmetrical response to interest rate shifts: experts

Canadian annuity prices have an asymmetrical response to changing interest rates, making it more expensive to de-risk defined benefit pension plans shortly after rates rise,…

Asset managers anticipating short-term growth: survey

More than four-fifths (84 per cent) of asset managers expect their firms will grow over the next 18 months, according to a new survey by…

  • By: Staff
  • June 29, 2023 June 30, 2023
  • 12:30
Copyright_millenius_123RF

BCI’s net assets grow 3.5% in fiscal 2023, led by alternatives

The British Columbia Investment Management Corp. saw a return of 3.5 per cent and increased its assets under management from $228.6 billion to $233 billion…

  • By: Staff
  • June 27, 2023 June 27, 2023
  • 12:30

Caisse failing to fulfill investment mandate, according to report

The Caisse de dépôt et placement du Québec isn’t fulfilling its mandate to achieve optimal investment returns within its investment framework, according to a new…

  • By: Staff
  • June 22, 2023 June 22, 2023
  • 12:30

81% of institutional investors anticipate de-risking over next two years: survey

Institutional investors expect market volatility, high inflation and rising interest rates to spur portfolio de-risking policies over the next two years, according to a new…

  • By: Staff
  • June 20, 2023 June 20, 2023
  • 12:30

Top 5 HR, benefits, pension and investment stories of the week

An article on Saskatchewan’s Public Employees Benefits Agency transition to a not-for-profit corporation was the most-read story on BenefitsCanada.com over the last week. Here are…

  • By: Staff
  • June 16, 2023 June 15, 2023
  • 09:00

Canadian DB pension plan assets decline 0.6% in May: report

The funded position of a typical Canadian defined benefit pension plan fell slightly on a solvency basis and rose on an accounting basis in May,…

  • By: Staff
  • June 15, 2023 June 15, 2023
  • 12:30

PSP Investments returns 4.4% led by infrastructure investments

The Public Sector Pension Investment Board is reporting a net return of 4.4 per cent for fiscal 2023. As of March 31, 2023, the investment…

  • By: Staff
  • June 8, 2023 June 8, 2023
  • 12:30

Coverage of the 2023 Global Investment Conference

On April 12-14, a group of defined benefit pension plan sponsors, asset managers and academics gathered at the Fairmont Chateau Whistler in British Columbia for…

2023 GIC coverage: Saving the global economy from conventional thinking

If Irish economist David McWilliams is to be believed, overconfident fools are tampering with the global economy. “If I were an American, Canadian or —…

Mina Krishnan

2023 GIC coverage: The good, the bad and the ugly sides of regime shifts

“Let me start by pointing out the obvious: the last few years have been exhausting,” said Mina Krishnan, multi-asset portfolio manager at Schroders, during a…

GIC 2023 coverage: Understanding the secondary private equity market

“If it’s in private equity or an alternative asset allocation, it’s a long-term investment strategy,” said Simon Oak, principal at Lexington Partners, during the Canadian…

2023 GIC coverage: Resiliency of commercial office real estate keeping remote working ‘doom loop’ at bay

The commercial office real estate doom loop that was expected from the growth in remote working hasn’t really caught on, according to Victor Couture, assistant professor of economics at…