The outlier performance of investments in gold can be traced to risk-off activity from central banks around the world, according to Karlan Patel, vice-president and exchange-traded fund investment strategist at State Street Investment Management. “Specifically, it’s Turkey, India, China [and] Poland,” he said during a session at the Canadian Investment Review’s 2025 Investment Innovation Conference. […]
After years of strong performance, the long-term outlook for equities is becoming more muted, says August Cruikshanks, an investment consultant in Eckler Ltd.’s pension and benefits consulting practice. Read: Sounding Board: Checking index concentration key for institutional investors as bubble talk persists At the start of 2025, Eckler’s 20-year expected return for Canadian equities was […]
In building a resilient portfolio, institutional investors can use lessons from the past to draw on market similarities throughout history. Speaking during a session sponsored by BNY Investments Canada at the Canadian Investment Review’s 2024 Investment Innovation Conference, Mitesh Sheth, multi-asset chief investment officer at Newton Investment Management, said many of the challenges investors have […]
The rapid rise in the cost of living in 2022 and into 2023 underscored the need for target-date funds to not just protect against standard inflation, but inflation shocks as well. The problem that presents is the more inflation protection that’s added into a portfolio, the lower the returns, said Nick Nefouse, managing director, global […]
The Colleges of Applied Arts and Technology pension plan saw a net return of 9.5 per cent for 2023, with net assets of $20.1 billion, up from $18.2 billion in 2022, according to its latest annual report. As of Jan. 1, 2024, the investment organization maintained a healthy funding level of 124 per cent on a going-concern […]
The Ontario Teachers’ Pension Plan is reporting a net return of 1.9 per cent for 2023, according to its latest annual report. The investment organization underperformed its benchmark return of 8.7 per cent, a 6.8 per cent difference or $15.8 billion in negative value add. In 2022, the plan beat the benchmark by 1.8 per […]
The OPSEU Pension Trust returned 5.3 per cent for 2023, according to its latest year-end report. It found, as of Dec. 31, 2023, the plan’s net assets stood at $25 billion, up from $24.64 billion in 2022. It also reported a funded status of 100 per cent, marking 15 consecutive years at a fully funded […]
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 […]
Before Janet Jule joined the Saskatchewan Healthcare Employees’ Pension Plan as its chief investment officer in 2015, the pension plan sponsor started adding a wider variety of assets to its portfolio, emphasizing diversification and lowering its dependence on equities. Indeed, like many other plan sponsors, the SHEPP’s investment strategy is increasingly incorporating more alternative asset […]
More than half (53 per cent) of the world’s largest pension funds say the prospect of a global recession is their No. 1 short-term concern and the same percentage expect a recession to take place in the next 12 months, according to a new survey by the Official Monetary and Financial Institutions Forum. The survey, which […]