Canadian pension funds – Benefits Canada.com

Top 5 HR, benefits, pension and investment stories of the week

lbailey — Fri, 08 Mar 2024 14:00:52 +0000

An article on Eastman Kodak Co.’s plans to outsource management of its pension assets was the most-read story on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the week: 1. Kodak outsourcing US$1.6TN of pension assets to maximize overfunded status 2. OMERS returns 4.6% for 2023, driven by equities, fixed income […]

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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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MPs calling on government to bar pension funds from investing in Chinese companies linked to human rights abuses

lbailey — Thu, 04 Jan 2024 15:00:46 +0000

The House of Commons Special Committee studying Canada-China relations is calling on the federal government to bar Canadian pension funds from investing in Chinese companies linked to human rights abuses or that pose a threat to national security. In a report released last month, the special committee noted the Canada Pension Plan Investment Board and […]

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Trusteed pension funds’ assets valued at $2.2TN in Q1 2023: StatsCan

lbailey — Tue, 10 Oct 2023 13:00:43 +0000

The value of Canadian trusteed pension funds’ assets rose by $40.9 billion — roughly two per cent — in the first quarter of 2023 to $2.2 trillion, according to a new report by Statistics Canada. Within trusteed plans, public sector assets grew five per cent to $1.7 trillion, while private sector assets increased to $451 billion. Total revenue decreased […]

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Canadian institutional investors’ cycle of bias against domestic markets could be over: report

bmcgovern — Thu, 05 Oct 2023 15:00:04 +0000

The days of Canadian institutional investors dismissing domestic opportunities for international ones may be over, according to a new research note. In the note, Ian de Verteuil, managing director of equity, markets research and global markets at CIBC Capital Markets, predicted pension funds in Canada have ended a period of shifting their assets to international […]

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Uptick in U.S. commercial office real estate defaults concerning but risk in Canada low: expert

lbailey — Thu, 27 Jul 2023 13:00:32 +0000

Despite recent uptick in U.S. commercial office real estate landlords defaulting on their loans, the chances of the same trend moving north of the border is low, says Jim Clayton, professor and Timothy R. Price chair in real estate and infrastructure with the Schulich School of Business at York University. Since the onset of the […]

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Why are individual pension plans poorly understood by the pension sector?

Gideon Scanlon — Thu, 01 Jun 2023 16:30:13 +0000

While individual pension plans have been around since 1991, they aren’t being widely used by the people they’re designed to help and remain poorly understood by the traditional pension sector, says Jean-Pierre Laporte, chief executive officer of Integris Pension Management Corp. “There’s no published statistics, but the last number I heard from a [Canada Revenue […]

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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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Coalition publishes model investment contracts to enforce plan ESG guidelines

Gideon Scanlon — Thu, 19 May 2022 12:55:02 +0000

The Pension Fund Coalition is publishing a set of generic contracts aimed to help plan sponsors in establishing minimum environmental, social and governance criteria with asset managers. The model contracts are designed to be flexible across a range of scenarios, approaches and asset classes, according to a press release, which noted although the coalition is […]

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