Nature-based mitigants to climate change will offer attractive risk-adjusted returns to investors, according to a new report from the Canada Pension Plan Investment Board. Natural carbon dioxide sinks, like forests, remove carbon dioxide from the atmosphere. By managing these natural assets, investors can monetize the carbon absorption through the sale of carbon credits. “Companies looking […]
Despite rising concerns about inflation and the war in Ukraine, the funded position of a typical Canadian defined benefit pension plan improved slightly on both a solvency and accounting basis in February, according to a new report by LifeWorks Inc. In February, the solvency of the average DB pension plan rose by half a per […]
In a move widely anticipated by the financial sector, the Bank of Canada is increasing its target for the overnight rate to 0.5 per cent. “Persistently elevated inflation is increasing the risk that longer-run inflation expectations could drift upwards,” said the bank in a press release. “The bank will use its monetary policy tools to […]
North American stock markets plunged after opening to news that Russian forces have launched a new military offensive in Ukraine. In New York, the Dow Jones industrial average was down 624.50 points at 32,507.26. The S&P 500 index was down 49.24 points at 4,176.26 and the Nasdaq composite index was down 70.20 points at 12,967.28. […]
The funded position of a typical defined benefit pension plan decreased on a solvency basis but increased on an accounting basis in January, according to LifeWorks Inc.’s latest monthly report. During the first month of the year, the solvency index, which provides an indication of changes in the solvency funding level of the average pension […]
A new textbook on value investing is aiming to combat the academic community’s premature dismissal of the subject, says author George Athanassakos, professor of finance and the Ben Graham chair in value investing at Western University’s Ivey School of Business. “There are plenty of books on value investing — but not academic books. I decided […]
The median return of Canadian defined benefit pension plans was 4.11 per cent for the fourth quarter of 2021, the seventh consecutive positive quarterly return following the initial reaction to the coronavirus pandemic in the first quarter of 2020. BNY Mellon Asset Management Canada Ltd.’s master trust universe, which comprises 84 Canadian corporate, public and […]
While target-date funds have traditionally been a one-sized-fits-almost-all solution, innovation to integrate environmental, social and governance-oriented strategies into these funds is coming just as plan members are seeking more sustainable investing options. “The vast majority of Canadians say ESG integration is important in their investing,” said Wylie Tollette, executive vice-president and head of client investment […]
The large majority of institutional investors believe structured credit serves as an attractive alternative to fixed income, according to a new survey by Aeon Investments. The survey, which polled 100 institutional investors in Europe, the U.S. and the U.K., found 87 per cent of pension funds and other institutional investors believe that, in addition to […]
The research arm of the CFA Institute, a non-profit organization that aims to promote the standards in ethics, education and professional excellence in global investment industry, is entering a strategic partnership with a leading provider of market intelligence reports. According to the terms of the deal reached with MSCI Inc., the CFA Institute Research Foundation […]