Japanese Prime Minister Shinzō Abe’s economic policies, known as ‘Abenomics,’ have led to big improvements in corporate governance in the country, says Iain Campbell, a portfolio manager for the Baillie Gifford Overseas Fund. While there’s been a lot of discussion about whether Abenomics is working, the improvements in corporate governance are coming through in how […]
The Canada Pension Plan Investment Board saw a 2.3 per cent return, net of all costs, in the second quarter of its 2020 fiscal year for its base account and a 1.9 per cent return for its additional account. “CPPIB continued to deliver steady returns this quarter,” said Mark Machin, president and chief executive officer of […]
The majority (70 per cent) of global institutional investors agree that sustainability will play a more important role in investments over the next five years, according to a new survey by Schroders. The survey, which polled 650 investors responsible for US$25.4 trillion under management, found this response was most prevalent in Europe (84 per cent) and Asia Pacific […]
In its November, semi-annual index review, MSCI Inc., implemented the third increase in a series of planned increases to China A shares within its emerging markets indexes. Within its China index specifically, MSCI will be adding 204 new constituents, mostly mid-cap companies. The inclusion factor of the existing shares will also be increased. China A […]
The Canada Pension Plan Investment Board has dramatically increased its investments in renewable energy companies, from $30 million in 2016 to $3 billion as of June 2019, according to its annual sustainable investing report. The substantial increase is part of the fund’s expanded climate change program. “We have a number of groups involved in efforts […]
Globally, 10 per cent of mining companies’ tailings dams have experienced stability issues, according to an analysis by a group of global institutional investors representing US$13.5 trillion in assets. The investor group, which includes pension funds and other institutional investors led by the Church of England Pensions Board and the Council of Ethics of the […]
Canadian defined benefit pension plans posted a median 1.7 per cent return in the third quarter of 2019, down from 2.7 per cent in the previous quarter, according to the latest RBC Investor and Treasury Services’ universe. In comparison to the same quarter last year, the returns represent an improvement, with DB plans posted a meagre […]
Active investors should combine their own analytical work with the use of machine learning to get a leg up on their passive peers, according to a new paper. Fiona Frick, Unigestion’s chief executive officer, argued that, in an environment where institutional investors are using the same strategies and no one is left with an edge, active managers should use “collaborative […]
Defined contribution plan sponsors have a tough job. “Every day that goes by, DC is getting harder and harder to solve for,” said Lorie Latham, senior defined contribution strategist at T. Rowe Price during a session at Benefits Canada’s 2019 Defined Contribution Investment Forum in Toronto on Sept. 27. Looking to lessons learned in the […]
There are two fundamental reasons for including alternatives in a defined contribution pension portfolio, according to Ed Studd, solutions manager for U.S. portfolio solutions at Schroders, during a session at Benefits Canada’s 2019 Defined Contribution Investment Forum in Toronto on Sept. 27. First, alternatives can help the portfolio achieve better diversification by accessing different types […]