investment management – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 03 May 2024 21:03:19 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Kodak outsourcing US$1.6TN of pension assets to maximize overfunded status https://www.benefitscanada.com/pensions/defined-benefit-pensions/kodak-outsourcing-us1-6tn-of-pension-assets-to-maximize-overfunded-status/ Wed, 06 Mar 2024 14:00:46 +0000 https://www.benefitscanada.com/?p=152633 Eastman Kodak Co. is disbanding a team that manages the firm’s US$1.6 trillion of pension investments and moving its management to Boston-based investment consulting firm NEPC. In a statement, the organization said as at Dec. 31, 2022, the fair value of plan assets was approximately $3.7 billion, with the projected benefit obligation of the plan […]

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]]> Head to head: Is it time for DC plan sponsors to quit the balanced fund? https://www.benefitscanada.com/archives_/benefits-canada-archive/head-to-head-is-it-time-for-dc-plan-sponsors-to-quit-the-balanced-fund/ Fri, 15 Dec 2023 13:59:57 +0000 https://www.benefitscanada.com/?p=148443 One defined contribution plan sponsor sings the praises of the traditional balanced fund, while another outlines a different option that better matches risk levels according to plan members’ life stages. Rob Jackett, senior director of finance and administration at Canadian Baptist Ministries Balanced funds are still relevant today for employer-sponsored savings plans. It’s important for employers […]

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]]> U.S. institutional investors paid $1.5 billion in management fees in 2022: report https://www.benefitscanada.com/canadian-investment-review/cir-news/u-s-institutional-investors-paid-1-5-billion-in-management-fees-in-2022-report/ Fri, 08 Dec 2023 20:00:29 +0000 https://www.benefitscanada.com/?p=148339 U.S. institutional investors paid $1.5 billion in management fees in 2022, according to a new report by investment consulting firm Callan. The report, which analyzed mandates by more than 300 investment firms and more than 180 institutional investors, found 98 per cent of the total fees paid in 2022 went to active managers, up one per cent […]

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]]> Survey finds 75% of global asset managers have an ESG policy https://www.benefitscanada.com/canadian-investment-review/strategies/survey-finds-75-of-global-asset-managers-have-an-esg-policy/ Mon, 13 Nov 2023 20:00:25 +0000 https://www.benefitscanada.com/?p=146934 Environmental, social and governance considerations have gained traction in recent years with nearly 75 per cent of global asset managers saying they have an ESG policy and an equal percentage incorporating ESG considerations across their investment platforms, according to a new survey by investment consulting firm Callan. The inaugural study, which polled more than 1,200 […]

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]]> Survey finds 66% of asset owners increasing allocations to private markets https://www.benefitscanada.com/canadian-investment-review/alts/survey-finds-66-of-asset-owners-increasing-allocations-to-private-markets/ Fri, 13 Oct 2023 19:00:16 +0000 https://www.benefitscanada.com/?p=145322 Two-thirds (66 per cent) of large institutional asset owners say they plan to increase their allocations to private markets over the coming year, according to a new survey by Mercer. The survey, which polled about 60 global asset owners, found among those planning to increase their private market investments, 50 per cent said they’re pivoting […]

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]]> Pulling Simon Fraser University’s endowment funds back from the brink https://www.benefitscanada.com/archives_/benefits-canada-archive/pulling-simon-fraser-universitys-pension-endowment-funds-back-from-the-brink/ Fri, 11 Aug 2023 12:51:33 +0000 https://www.benefitscanada.com/?p=141883 Jacky Shen suspects he was the oldest intern Simon Fraser University’s treasury department ever had. It was 2007, he was in his early 40s, had just arrived in Canada with his family and was studying for a master’s degree in the university’s wealth management program. As an intern, Shen — now the university’s treasurer and […]

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]]> New study explores how DB pension plan size impacts investment mandates, asset allocation https://www.benefitscanada.com/news/cir-news-news/new-study-explores-how-db-pension-plan-size-impacts-investment-mandates-asset-allocation/ Thu, 03 Aug 2023 15:00:07 +0000 https://www.benefitscanada.com/?p=141591 A new study looking at the implications of scale in defined benefit pension plans found size is key for several trends over time, including investment mandates, asset allocation and cost in returns. The research, ‘Scale Economies, Bargaining Power and Investment Performance: Evidence from Pension Plans‘ was recently awarded first prize in the International Centre for […]

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]]> Saskatchewan’s pension and benefits administrator transitioning to not-for-profit model https://www.benefitscanada.com/pensions/governance-law/saskatchewans-pension-and-benefits-administrator-transitioning-to-not-for-profit-model/ Mon, 12 Jun 2023 13:00:29 +0000 https://www.benefitscanada.com/?p=139613 Saskatchewan’s Public Employees Benefits Agency is transitioning to a not-for-profit corporation. The PEBA began pursuing the transition in 2021 at the request of the trustees of the two largest pension plans it administers — the Public Employees Pension Plan and the Municipal Employees Pension Plan. The not-for-profit will begin operations on Jan. 1, 2024 under the […]

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]]> Institutional investors making steady progress on ESG reporting, practices: report https://www.benefitscanada.com/canadian-investment-review/strategies/institutional-investors-making-steady-progress-on-esg-reporting-practices-report/ Tue, 11 Apr 2023 13:00:34 +0000 https://www.benefitscanada.com/?p=136296 Institutional investors are steadily integrating environmental, social and governance into their investment reporting and practices, according to a new report by the United Nations’ principles for responsible investment. The report, which analyzed data from more than 1,800 investment organizations that have signed the PRI, found nearly all have formal, senior-level oversight and accountability for responsible […]

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]]> Canada Growth Fund emphasizing ‘over-hyped’ transition technologies, says watchdog https://www.benefitscanada.com/pensions/governance-law/canada-growth-fund-emphasizing-over-hyped-transition-technologies-says-watchdog/ Tue, 04 Apr 2023 16:30:23 +0000 https://www.benefitscanada.com/?p=136029 A watchdog organization is criticizing a government fund dedicated to attracting investments in green technologies. “The government seems to be saying this is concessional finance,” says Adam Scott, executive director of Shift Action for Pension Wealth and Planet Health. “The goal [of the Canada Growth Fund] is to put the first money into higher risk investments […]

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