The world’s 100 largest asset managers grossed US$25.7 trillion in assets under management as of Dec. 31, 2021, up nine per cent from the previous year, according to a report by WTW’s Thinking Ahead Institute. The report found pension funds remain the single biggest group of asset owners in the global study, controlling more than half […]
Canadian investment managers had $3 trillion in assets using responsible investment strategies as of Dec. 31, 2021, down slightly from the $3.2 trillion reported in 2019, according to a survey by the Responsible Investment Association. The survey, which polled 77 asset managers and 13 asset owners, found more than nine in 10 (94 per cent) respondents are […]
The Canada Pension Plan Investment Board’s assets returned 0.2 per cent during the third quarter of 2022, according to its latest quarterly report. By Sept. 30, 2022, the investment organization’s net assets reached $529 billion, up from $523 billion at the end of June. About $5 billion was generated by net transfers, while the remainder […]
Institutional investors must recognize the risks and opportunities presented by climate change and national efforts to mitigate it, says Jaakko Kooroshy, head of sustainable investment research at FTSE Russell. “Climate-related physical and transition risk threats to the global economy are real,” says Kooroshy, who leads a team that recently published a paper on the carbon reduction […]
Canada’s defined benefit pension plans improved on both a solvency basis and an accounting basis in October, according to a new report by LifeWorks Inc. The monthly pension indices report found the average Canadian DB pension plan saw its solvency ratio rise to 103.2 per cent, up 3.1 per cent from the previous month. On […]
An article on Telus Communications Inc.’s win in Benefits Canada‘s 2022 Workplace Benefits Awards was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Telus wins award for supporting employees’ holistic well-being 2. Survey finds nearly all young employees globally experiencing burnout 3. Half of employees say employer hasn’t communicated […]
The number of global indexes increased 4.43 per cent this year, led by environmental, social and governance indexes, which grew to new records, according to a new survey by the Index Industry Association. Although overall growth for 2022 slightly trailed 2021’s pace of nearly five per cent for the industry, the number of ESG indexes […]
Canadian defined benefit pension plans saw a median return of 0.27 per cent for the third quarter of 2022 amid a challenging economic environment, according to the BNY Mellon Canadian master trust universe. The universe, which is designed to provide peer comparisons by plan type and size, comprises 80 Canadian corporate public and university pension […]
Canadian pension plan investments saw very modest gains in the third quarter of 2022 as both stock and bond markets responded favourably to the pace of interest rate hikes around the globe, according to a new report by Northern Trust Canada. The report, which tracks the performance of Canadian defined benefit plans, found the median […]
A popular method for tracking a business’ carbon footprint over time creates the illusion of increased efficiency during periods of high inflation, warns Sudhir Roc-Sennett, head of environmental, social and governance at Vontobel Asset Management Inc. “The most consistent way [of analyzing an organizations’ carbon footprint] is looking at tons-per-sales units, usually the tons of […]