Canadian equities – Benefits Canada.com

Where do Canadian institutional investors stand on calls for increased domestic investments?

bmcgovern — Thu, 04 Apr 2024 13:00:53 +0000

A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the economy, says Malcolm Hamilton, a senior fellow at the C.D. Howe Institute. “I think it’s very natural for Canadian businesses . . . [that] focus on the Canadian economy, not […]

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Pension funds end Q4 2023 with positive results driven by equities, fixed income: report

bmcgovern — Tue, 05 Mar 2024 14:00:06 +0000

Stocks and bonds helped pension funds find positive results in the fourth quarter of 2023, according to the performance universe of pension managers’ pooled funds from Telus Health. The report is based on a universe of fund managers overseeing approximately $470 billion in assets under management, including $230 billion in pension fund assets. Read: Average Canadian […]

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Average Canadian DB pension plan returns 8.4% in Q4 2023: report

bmcgovern — Thu, 08 Feb 2024 14:00:20 +0000

The average Canadian defined benefit pension plan generated a median return of 8.4 per cent for the fourth quarter of 2023, according to a report by Northern Trust Corp. The report, which tracks DB plans within the Northern Trust Canada universe, found the average Canadian DB plan ended the year with a median 10 per cent return. […]

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Average Canadian DB pension plan returns 8.2% in Q4 2023: report

bmcgovern — Thu, 01 Feb 2024 20:00:51 +0000

The average Canadian defined benefit pension plan posted returns of 8.2 per cent in the fourth quarter of 2023, according to RBC Investor Services. It found the average Canadian DB plan ended 2023 with a 9.1 per cent return, a significant increase from negative 10.3 per cent in 2022. Read: Average Canadian DB pension plan returns […]

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

Gideon Scanlon — Tue, 27 Jun 2023 16:30:38 +0000

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 during the fiscal year ending March 31, 2023. According to the investment organization’s annual results, the $3.9 billion increase reflected investment gains of $6.8 billion and $2.8 million in net […]

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

Gideon Scanlon — Thu, 15 Jun 2023 16:30:30 +0000

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, according to a new report by Telus Health. During the month, the solvency of the average DB plan dipped by 0.6 per cent, falling to 101.4 per cent. The balance […]

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Canadian DB pension plan assets rise 1.9% in April: report

Gideon Scanlon — Thu, 11 May 2023 16:00:11 +0000

A typical Canadian defined benefit pension plan’s funded position improved on a solvency basis and decreased on an accounting basis in April as a result of the strong performance of domestic equities and decreases in bond yields, according to a new report by Telus Health. During the month, the solvency of the typical Canadian DB […]

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AIMCo investing in Toronto real estate fund, Caisse entering share repurchase in IT provider

Gideon Scanlon — Tue, 28 Feb 2023 17:00:18 +0000

The Alberta Investment Management Corp. is investing in a new real estate fund focused on developing rental housing across the Greater Toronto Area. The Fitzrovia DevCore Fund, which is the first fund set up by Fitzrovia Real Estate Inc., targets properties close to public transit and proximate to major centres of employment in Toronto and […]

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AIMCo sees ‘silver lining’ to higher inflation, interest rates

Gideon Scanlon — Thu, 23 Feb 2023 17:00:30 +0000

Marlene Puffer, chief investment officer of the Alberta Investment Management Corp., believes many public market asset classes are under-priced as a result of inflation and interest rate hikes in 2022. “The persistent rise in inflation caught many central banks off guard, forcing them to undertake the most aggressive interest rate hiking cycle seen in decades,” […]

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Canadian DB pension plans down 12.8% in 2022: report

Gideon Scanlon — Mon, 30 Jan 2023 20:00:22 +0000

The median Canadian defined benefit pension plan returned 2.8 per cent during the last quarter of 2022 after facing losses of 12.8 per cent over the course of the year, according to a new report by Northern Trust Canada. The report draws from the Northern Trust Canada universe, which tracks the performance of Canadian DB plans. […]

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