bonds – Benefits Canada.com

Average funded ratio of Canadian DB pension plans up 7% in Q1 2024: report

bmcgovern — Tue, 23 Apr 2024 13:00:03 +0000

The funded ratio of the average Canadian defined benefit pension plan, excluding the effect of asset smoothing, reached 124 per cent as at March 31, 2024, up seven per cent from the fourth quarter of 2023, according to a new report by Normandin Beaudry. It found the average solvency ratio of Canadian pension plans was […]

The post Average funded ratio of Canadian DB pension plans up 7% in Q1 2024: report appeared first on Benefits Canada.com.

Back to basics on investment glide paths

bmcgovern — Fri, 12 Apr 2024 12:53:46 +0000

Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee first joins a defined contribution pension plan with a target-date fund, they’re exposed to capital appreciation assets that offer the most attractive risk-adjusted returns in the wealth accumulation phase, typically […]

The post Back to basics on investment glide paths appeared first on Benefits Canada.com.

Global pension assets up 11% in 2023: report

bwolfe — Thu, 14 Mar 2024 13:00:59 +0000

Global pension assets increased by 11 per cent to reach US$55.7 trillion in 2023, up from $50.2 trillion at the end of 2022, according to a new report by WTW’s Thinking Ahead Institute. This growth was attributed to stronger capital market performance following a much more negative impact from markets in the correction of 2022, […]

The post Global pension assets up 11% in 2023: report appeared first on Benefits Canada.com.

Ontario DB pension plans’ average solvency ratio increased to 119% in Q4 2023: FSRA

bmcgovern — Wed, 06 Mar 2024 14:00:22 +0000

The average projected solvency ratio for Ontario defined benefit pension plans was 119 per cent as of Dec. 31, 2023, up two per cent from Sept. 30, 2023, according to a new report by the Financial Services Regulatory Authority of Ontario. It found the median projected solvency ratio exceeded 100 per cent for 12 consecutive […]

The post Ontario DB pension plans’ average solvency ratio increased to 119% in Q4 2023: FSRA appeared first on Benefits Canada.com.

OMERS returns 4.6% for 2023, driven by equities, fixed income

bmcgovern — Thu, 29 Feb 2024 14:00:22 +0000

The Ontario Municipal Employees’ Retirement System returned 4.6 per cent in 2023, or $5.6 billion, in investment income in 2023, according to its latest year-end report. It found as of Dec. 31, 2023, the plan’s net assets stood at $128.6 billion, up from $124.2 billion in 2022. It also reported a funded status of 97 per […]

The post OMERS returns 4.6% for 2023, driven by equities, fixed income appeared first on Benefits Canada.com.

Caisse returns 7.2% for 2023, driven by bonds, equities

bwolfe — Fri, 23 Feb 2024 14:00:54 +0000

The Caisse de dépôt et placement du Québec is reporting a net return of 7.2 per cent for 2023, with net assets increasing to $434 billion. The investment organization’s year-end report said public equities returned 17.7 per cent in 2023, driven by large U.S. technology stocks as well as growth stocks and the Caisse’s large […]

The post Caisse returns 7.2% for 2023, driven by bonds, equities appeared first on Benefits Canada.com.

2023 Defined Benefit Investment Forum: Managing liquidity through listed assets

bwolfe — Wed, 24 Jan 2024 12:56:34 +0000

After the simultaneous sell-off of both equities and bonds in the first half of 2022, many defined benefit pension plan sponsors were forced to “pay much more attention to the liquidity profiles of their portfolios” and manage risk by implementing a temporary policy reprieve, halting new investment activity or selling assets in the secondary market, […]

The post 2023 Defined Benefit Investment Forum: Managing liquidity through listed assets appeared first on Benefits Canada.com.

2023 Investment Innovation Conference: Equities, fixed income assets generating real returns in volatile market regime

bwolfe — Thu, 18 Jan 2024 12:56:39 +0000

Institutional investors are preparing for a bumpy return risk space where volatility is higher for all assets and real returns are much lower than what has been the norm over the past 10 years, said Robertas Stancikas, a senior research associate of institutional solutions at AllianceBernstein, during the Canadian Investment Review‘s 2023 Investment Innovation Conference in […]

The post 2023 Investment Innovation Conference: Equities, fixed income assets generating real returns in volatile market regime appeared first on Benefits Canada.com.

2023 Investment Innovation Conference: How institutional investors can hedge risk, find positive alpha in volatile economy

lbailey — Thu, 18 Jan 2024 12:55:09 +0000

Despite pension funds navigating a “swim-at-your-own-risk” environment with a lower probability of positive returns, they can’t just stop and sink — they have to keep swimming, said Karin Sullivan, vice-president of fixed income at Trans-Canada Capital Inc., during the Canadian Investment Review‘s 2023 Investment Innovation Conference in November. “[These financial challenges] have been going on now for two […]

The post 2023 Investment Innovation Conference: How institutional investors can hedge risk, find positive alpha in volatile economy appeared first on Benefits Canada.com.

Half of global institutional investors believe recession is inevitable: survey

Jennifer Paterson — Thu, 07 Dec 2023 16:00:44 +0000

About half (51 per cent) of global institutional investors believe a recession is inevitable, a sentiment that runs strongest in the U.K. (67 per cent) and North America (62 per cent), according to Natixis Investment Managers’ 2024 outlook survey. The survey, which polled 500 institutional investors in 27 countries, also found among those expecting a […]

The post Half of global institutional investors believe recession is inevitable: survey appeared first on Benefits Canada.com.