“I’m here to convince you that fixed income is back as an attractive asset class,” said Benoit Anne, lead strategist of the investment solutions group at MFS Investment Management, during the Canadian Investment Review’s 2023 Global Investment Conference. Two major factors mean allocations to fixed income are becoming increasingly attractive, he added. First, the U.S. Federal […]
“There’s a new market regime in 2023,” said Justin Thomson, chief investment officer and head of international equity at T. Rowe Price, during the Canadian Investment Review’s 2023 Global Investment Conference. “It’s characterized by higher trend inflation, rates normalization, liquidity withdrawals, de-globalization and elevated volatility.” While he said he expects these conditions will encourage equity […]
“Let me start by pointing out the obvious: the last few years have been exhausting,” said Mina Krishnan, multi-asset portfolio manager at Schroders, during a session on regime shifts at the Canadian Investment Review’s 2023 Global Investment Conference. “We’ve had the [coronavirus] pandemic, the war in Ukraine, the energy crisis and Brexit.” As a result […]
While China’s presence on emerging market indexes may be shrinking, the case for investing in it remains compelling, said Vivian Lin Thurston, a partner and portfolio manager for emerging markets growth at William Blair Investment Management, during a session at the Canadian Investment Review’s 2023 Global Investment Conference. “China now accounts for approximately 31 per […]
Institutional investors are entering a golden period ripe with opportunities in current global and emerging markets, said Karl Dasher, president of Polen Capital, during the Canadian Investment Review‘s 2023 Global Investment Conference. From early 2020 to the end of 2021, the market was flooded with liquidity from the unprecedented combination of fiscal stimulus, U.S. Federal Reserve […]
The Alberta Investment Management Corp. is appointing Kevin Bong as chief investment strategist and head of Singapore, effective Aug. 14. In the new role, he’ll be responsible for setting the investment organization’s overall investment strategy, including total portfolio management, dynamic and tactical allocation, currency and cash management, with a focus on geographic diversification and thematic […]
A renewable energy company owned by the Investment Management Corp. of Ontario is securing a £175 million credit facility. Pulse Clean Energy, which was formerly known as Green Frog Power, will use the three-year facility to fund the expansion of its battery storage capacity in the U.K. The battery storage facilities are used to store […]
The British Columbia Investment Management Corp. is acquiring a minority stake in a corporate consultant and fund administration provider. Zedra, which provides wealth, governance and administrative services for corporations, pensions, trusts and funds, was launched in the Isle of Man in 2016. It now conducts operations in Asia, Australia, Europe, North America and South America. […]
The Canada Pension Plan Investment Board is bracing for headwinds in the event of a recession, but says a wide range of investments makes it well-positioned for uncertain economic conditions. The CPPIB reported Wednesday it earned a net return of 1.3 per cent in its latest fiscal year as inflation and rising interest rates weighed on both […]
At the best of times, selecting an optimal asset mix for a defined benefit pension plan is challenging. The times of today are downright turbulent. Last year, inflation reached 8.1 per cent in Canada as a result of a prolonged period of government stimulus spending to manage the fallout of the coronavirus pandemic. In response […]