Keyword: diversification

45 results found

As places of economic activity, flood plains have their advantages — just ask the ancient Mesopotamians or the staff of the Winnipeg-based Teachers’ Retirement Allowance Fund. “Those of you who have been to our offices will know we’re right at the intersection of the Red and Assiniboine rivers. We are right in the flood plain […]

Finding yield and diversification opportunities in small-balance credit

Small-balance credit—a subset of alternative credit gaining traction in the United States as fintech makes modest consumer and business loans more investable—could be a yield generator for institutional investors. In addition, this type of credit could be a solid diversification tool, says Colin Kilgour, principal at Kilgour Williams Capital in Toronto. His firm runs the […]

Despite several bumps in the decade since the 2008/09 financial crisis, the swift and brutal crash in global equity prices when the coronavirus was declared a pandemic sent pension investors reaching for their playbooks to implement defensive strategies to mitigate the damage. “People have worked very hard at just acting on the set strategies that […]

How rebalancing can provide alpha

The San Bernardino County Employees’ Retirement Association implemented a simple innovation 15 years ago that’s added nearly US$1 billion to the fund’s total value as of Aug. 31, 2020. That innovation is “informed rebalancing,” said Arun Muralidhar, adjunct professor of finance at George Washington University, when speaking at the Canadian Investment Review’s Investment Innovation Conference […]

Learn more about the Risk Management Award finalists

The Canadian Investment Review’s Risk Management Award will go to a pension plan that has successfully implemented a robust approach to its risk management function. This can include implementing de-risking or re-risking or it can showcase day-to-day processes in place for risk management in pension plan investments. Highlights about the three finalists are available below: […]

  • By: Staff
  • November 30, 2020 January 19, 2021
  • 08:06
What role can insurance-linked securities play in pension portfolios?

In a market rocked by a considerable increase in cross-asset volatility, the need to search for alternative means of diversification that embrace different sources of risk and return is crucial. One solution for pension plan sponsors to consider is investing in insurance-linked securities. Often a misunderstood and underutilized asset class, insurance-linked securities are investments whose […]

A path forward for institutional investors amid market headwinds

The impact of powerful trends, including aging populations and growing debt levels in the world’s largest economies, has been somewhat mitigated in recent years by the ongoing involvement of central banks in markets and declining interest rates. However, with rates at historic lows, this is not something that can be relied on over the next […]

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The last decade of persistently low interest rates, exacerbated by the coronavirus crisis, has created challenges for institutional investors looking to generate income on their bond investments. The challenge has been more acute for pension funds and foundations, who rely on bond investments to fund their ongoing benefit and program obligations. Moreover, indications from global […]

How can pension plans position for potential deflationary or inflationary scenarios?

With so much uncertainty on the horizon, should pension plan sponsors be preparing to operate in a deflationary or inflationary environment? In the short term, the economic environment will be deflationary, says Hugh O’Reilly, executive in residence at the Global Risk Institute, noting demand is down because people are staying home and not spending. “And […]

In legal circles, it has always been thought that crises breed litigation. And while that appears to be the case in the current crisis, it may not have been the case in the global financial crisis of 2008/9, as pointed out in a recent article by Eric Blinderman, the chief executive officer for the U.S. […]