The Canadian Institute of Actuaries is urging the federal government to reconsider its cessation of real return bond issuances, citing the potential financial impacts to defined benefit pension plans. “We request not only that the decision to cease issuing real return bonds be reconsidered, but also that the annual issuance of real return bonds be […]
Alongside a potential recession and lower global economic growth looming in 2023, defined benefit pension plan sponsors have several tools to minimize the impact of rising inflation, said Eric Menzer, senior portfolio manager and global head of outsourced chief investment officer and fiduciary solutions and multi-asset solutions at Manulife Investment Management, during a session at […]
Canada’s Maple 8 — the country’s largest eight public pension plans that manage a total of about $2 trillion in assets — use similar governance structures to consistently deliver strong returns. Pension systems around the world are difficult to manage, said Sebastien Betermier, an associate professor of finance at the Desautels Faculty of Management at […]
In the early days of 2020, no one could have foreseen the social and economic havoc the coronavirus pandemic would wreak on the world. Nearly two years later, as markets and economies continue to recover, Canadian pension plan sponsors are looking to their money managers to help light the way to a brighter financial future. […]
When the coronavirus pushed equity markets off a cliff, Canadian defined benefit pension plans had to mobilize to address a number of concerns. The Canadian National Railway Co. pension recently shifted towards a more defensive investment strategy, said Marlene Puffer, president and chief executive officer for the CN investment division of the company, at a […]
The top three extreme risks for investors to watch are global temperature change, global trade collapse and cyber warfare, according to a new report by Willis Towers Watson’s Thinking Ahead Institute. In the report, extreme risks are considered events that are highly unlikely to occur — but could have a large impact on economic growth […]
Mission hedging argues foundations and endowments can do more good by loading up on profitable companies they oppose.
Providers might need to go beyond off-the-shelf.
UK trustees concerned about market volatility but are under-hedged against longevity, investment and inflation.
Winner of the 2011 AIMA Canada - Hillsdale Research Award.