assets under management – Benefits Canada.com

WISE Trust returns 7.9% in 2023, net assets increase to $4 billion

bmcgovern — Tue, 23 Apr 2024 19:00:50 +0000

The Workplace Insurance and Safety Employees Trust generated a net return of 7.9 per cent in 2023, with net assets reaching $4 billion, up from $3.8 billion in 2022, according to its latest report. In a press release, Christopher Brown, WISE Trust’s chief executive officer, said the results are a testament to its partnership with […]

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Kodak outsourcing US$1.6TN of pension assets to maximize overfunded status

bmcgovern — Wed, 06 Mar 2024 14:00:46 +0000

Eastman Kodak Co. is disbanding a team that manages the firm’s US$1.6 trillion of pension investments and moving its management to Boston-based investment consulting firm NEPC. In a statement, the organization said as at Dec. 31, 2022, the fair value of plan assets was approximately $3.7 billion, with the projected benefit obligation of the plan […]

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Canadian pension funds make top 10 list for largest annualized 10-year returns: report

bmcgovern — Wed, 14 Feb 2024 14:00:21 +0000

Three of Canada’s largest pension plans are among the top 10 pension funds that generated the largest compound annualized returns between 2013 and 2022, according to a report by data platform Global SWF. The report, which measured the compound annual growth rate of pension funds’ single-year investment returns between fiscal 2013 and fiscal 2022, found […]

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World’s 100 largest asset owners’ AUM down 9% in 2022: report

lbailey — Thu, 30 Nov 2023 14:00:54 +0000

The value of the total assets under management for the world’s 100 largest asset owners declined nine per cent to US$23.4 trillion as of Dec. 31, 2022, according to a new report by WTW’s Thinking Ahead Institute. Among these asset owners, pension funds retained 53 per cent of AUM, down from 60 per cent five […]

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Largest global pension funds’ combined assets decreased 12.9% in 2022: report

lbailey — Thu, 14 Sep 2023 13:00:25 +0000

The world’s largest 300 pension funds saw their assets decrease by 12.9 per cent to US$20.6 trillion in 2022, down from $23.6 trillion at the end of 2021, according to a new report by WTW. The report, which analyzed global pension fund assets across 22 major pension markets, found the largest 300 pension funds now represent […]

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Institutional investors making steady progress on ESG reporting, practices: report

lbailey — Tue, 11 Apr 2023 13:00:34 +0000

Institutional investors are steadily integrating environmental, social and governance into their investment reporting and practices, according to a new report by the United Nations’ principles for responsible investment. The report, which analyzed data from more than 1,800 investment organizations that have signed the PRI, found nearly all have formal, senior-level oversight and accountability for responsible […]

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World’s 100 largest asset managers’ AUM up 9% in 2021: report

lbailey — Mon, 05 Dec 2022 14:00:52 +0000

The world’s 100 largest asset managers grossed US$25.7 trillion in assets under management as of Dec. 31, 2021, up nine per cent from the previous year, according to a report by WTW’s Thinking Ahead Institute. The report found pension funds remain the single biggest group of asset owners in the global study, controlling more than half […]

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Canadian responsible investments holding steady at $3 trillion AUM: survey

lbailey — Wed, 23 Nov 2022 14:00:46 +0000

Canadian investment managers had $3 trillion in assets using responsible investment strategies as of Dec. 31, 2021, down slightly from the $3.2 trillion reported in 2019, according to a survey by the Responsible Investment Association. The survey, which polled 77 asset managers and 13 asset owners, found more than nine in 10 (94 per cent) respondents are […]

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World’s largest asset managers’ discretionary AUM up 10.2% in 2021: report

lbailey — Fri, 21 Oct 2022 19:00:37 +0000

The world’s 500 largest asset managers’ total discretionary assets under management increased by 10.2 per cent in 2021, reaching US$131.7 trillion, according to a new report by WTW’s Thinking Ahead Institute. It found North American AUM accounted for more than half (59.9 per cent) of AUM in the top 500 managers, garnering $78.9 trillion by […]

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2022 GIC coverage: Canada’s Maple 8 pension funds outperforming peers on a global scale

lbailey — Mon, 30 May 2022 12:51:54 +0000

Canada’s Maple 8 — the country’s largest eight public pension plans that manage a total of about $2 trillion in assets — use similar governance structures to consistently deliver strong returns. Pension systems around the world are difficult to manage, said Sebastien Betermier, an associate professor of finance at the Desautels Faculty of Management at […]

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