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 their jurisdictions, municipal and provincial bonds are useful tools for institutional investors pursuing a thematic environmental, social and governance approach, according to a new report by the United Nations’ principles […]
The average discount rate used by Canadian defined benefit pension plans at the end of 2021 was 0.5 per cent higher than the previous year, according to an annual report from LifeWorks Inc. Drawing from figures submitted by 83 Canadian public DB plans, the report found the average plan used a three per cent discount […]
The Adirondack 46ers isn’t for the faint of heart — joining the club requires hiking 250 kilometres to reach the top of the 46 highest peaks in New York state. “What did it take? Perseverance, training and an ability to remain focused on an objective that is far away,” says François Quinty, director of investment […]
Diversified pooled fund managers saw median losses of 4.1 per cent in the first quarter of 2022, according to LifeWorks Inc.’s performance universe. While Canadian equities increased 3.8 per cent on the S&P/TSX composite index, the median return for Canadian equity managers was just three per cent. Significant losses were seen in the U.S., with the […]
The average solvency ratio of Canadian defined benefit pension plans in Mercer’s database increased five percentage points in the first quarter of 2022, according to a new report by the consultancy. The report, which assessed the performance of 464 pension plans, found as at March 31, 2022, the plans’ average solvency ratio reached 108 per […]
The average solvency ratio of Canadian defined benefit pension plans in Mercer’s database grew by seven per cent in 2021, according to a new report by the consultancy. The report, which looked at the overall performance of more than 500 Canadian DB plans in 2021, found, at the end of the year, the plans’ average […]
When it comes to new institutional money, which asset classes pulled in the most in 2015?