Canadian fixed income yields are de-coupling from a sharp rise seen in the U.S. market, according to a new report from FTSE Russell. Despite a target interest rate cut of 50 basis points to 3.75 per cent from the Bank of Canada at the end of October, the market witnessed higher Canadian yields in October […]
The Canada Pension Plan Investment board is reporting a 3.6 per cent return for the second quarter of its latest fiscal year, according to its latest quarterly report. As of Sept. 30, 2024, the CPPIB’s net assets totalled $675.1 billion, up from $646.8 billion at the end of the previous quarter. It reported a 10-year […]
In the years following the 2008/09 financial crisis, Dan Langlois realized the allocation strategy for the Calgary Foundation’s endowment portfolio needed a significant adjustment if it planned to meet its annual funding goals. “I knew we needed to do something in terms of increasing the return in the portfolio to preserve the corpus or the […]
The ratio of the market value of assets to the projected benefit obligation for a hypothetical benchmark plan changed little for global defined benefit pension plans in the third quarter of 2024, according to a new report by WTW. It found this ratio increased among DB plans in Brazil (0.9 per cent), Canada (1.2 per […]
The volatile global conditions of the last four years have culminated in a looming economic downturn, impacting defined contribution pension plan sponsors and members alike. On Oct. 3 at the Omni King Edward Hotel in Toronto, the 2024 DC Investment Forum highlighted the various tools and strategies that can help plan sponsors navigate turbulent economic waters […]
Rising food, energy and housing prices aren’t just pocketbook issues for consumers or election fodder for politicians, they’re also social risk factors, indicators of a country’s economic health and highly important to bond investors, said Reina Berlien, head of environmental, social and governance at Brandywine Global Investment Management. While ESG factors may not seem important […]
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 […]
Defined benefit pension plans support more than one million beneficiaries in Ontario and these benefits provided more than $34.6 billion to the province’s gross domestic product in 2023, according to a new report by the Conference Board of Canada on behalf of the Healthcare of Ontario Pension Plan, the OPSEU Pension Trust and the University […]
The world’s 500 largest asset managers’ assets under management increased by 12.5 per cent to US$128 trillion in 2023, compared to $113.7 trillion at the end of 2022, according to a new report by WTW’s Thinking Ahead Institute. It noted the annual growth rate represents a significant recovery from the major correction seen in 2022, […]
Nearly two-thirds (63 per cent) of North American institutional investors say they’re sticking to their long-term investment strategy amid the short-term noise of the various elections taking place globally this year, according to a new survey by Schroders. The survey — which polled more than 2,800 professionals across more than 400 institutional investors, including 92 […]