Canadian pension plan sponsors are facing a risky landscape in 2025 regarding currency fluctuation between the Canadian and U.S. dollar. Asset owners with access to U.S. investments typically buy assets unhedged during risk-off periods, with the expectation that the U.S. dollar would appreciate and provide a natural offset, says Etienne Bordeleau, vice-president and portfolio manager […]
Home-country bias is a conversation that ebbs and flows, with U.S. investment returns since the 2008/09 financial crisis reigniting the conversation, said Jon Knowles, institutional portfolio manager in global asset allocation at Fidelity Investments. However, it’s important to ask how to appropriately deal with home-country bias against a backdrop where one market and limited diversification […]
Amid all of the Canadian industries impacted by tariffs imposed by U.S. President Donald Trump, targeting the production of aluminum shows a misunderstanding of the industry, said Douglas Porter, chief economist and managing director at BMO Financial Group, during a session at Benefits Canada’s 2025 Defined Contribution Plan Summit on Feb. 28. “Frankly, not to […]
The Canada Pension Plan Investment Board is reporting a 3.8 per cent return and net assets of $699.6 billion as at Dec. 31, 2024, compared to $675.1 billion at the end of the previous quarter. The $24.5 billion net asset increase is credited to positive returns in private equity and credit. However, the quarterly gains […]
The Canada Pension Plan Investment board is reporting a 3.6 per cent return for the second quarter of its latest fiscal year, according to its latest quarterly report. As of Sept. 30, 2024, the CPPIB’s net assets totalled $675.1 billion, up from $646.8 billion at the end of the previous quarter. It reported a 10-year […]
Canada Pension Plan Investment Board generated returns of 6.8 per cent during its fiscal year, which ended on March 31, 2022. The institutional investor’s assets grew by $42 billion, rising from $497 billion to $539 billion. The $42 billion increase in net assets consisted of $34 billion in net income and $8 billion in net […]