FTSE Russell has released a preliminary list of companies set to enter or leave its U.S. indexes at the end of June as part of its annual reconstitution, which occurs to reflect market changes from the previous year. And the results tell a tale of the growing gap between the largest and smallest cap stocks. […]
A group of more than 80 global investment managers with a combined $10 trillion in assets under management is calling on Alphabet Inc. to implement board-level oversight for human rights risks. The Investor Alliance for Human Rights, which includes co-filers Hermes Investment Management, Loring, Wolcott and Coolidge, Robeco and Canadian responsible investing firm NEI Investments, […]
Plan sponsors and insurers are increasingly wading into the waters of pharmacogenetic testing by offering the service to employees making long-term disability claims. In 2017, Sun Life partnered with the Centre for Addiction and Mental Health for a pilot project that offered pharmacogenetic testing to plan members on disability leave due to a mental-health condition. […]
OMERS Ventures, the venture capital arm of the Ontario Municipal Employees Retirement System, has closed a US$750 million venture capital fund — its largest fund to date. The transatlantic fund is investing in companies related to financial systems, insurance, property, logistics, health and workplace technology in Canada, the U.S. and U.K., as well as Europe. […]
The current market environment isn’t like a regular market correction, but more like a natural disaster, says Joseph Connolly, vice-president of asset and risk management at Morneau Shepell Ltd. In the current context, investors should be doing more monitoring and looking at more timely data because mid-month or mid-quarter results may be stale. “We’re definitely […]
The world may be more digital than ever, but a physical presence can still sometimes make the difference between success and failure for pension plans For the OPSEU Pension Trust, establishing offices abroad was a logical step. Its private markets group, which is based in Toronto, was undertaking a lot of global investment activity, so […]
As the world changes, so do the workforce and workplaces of today, demanding a new approach to how the industry is helping defined contribution plan members save for retirement. During a session at Benefits Canada‘s 2020 DC Plan Summit in Montreal in February, Maria-José Perea, vice-president, business solutions and marketing for group retirement savings at […]
Artificial intelligence is everywhere and will affect every sector, said Nathalie de Marcellis-Warin, president and chief executive officer of the research organization the Center for Interuniversity Research and Analysis of Organizations, during a keynote session at Benefits Canada‘s 2020 DC Plan Summit in Montreal in February. AI is becoming disruptive, with startups knocking at the […]
The Public Sector Pension Investment Board is making a strategic investment in SitusAMC, which provides advisory, outsourcing, talent and technology solutions to both the commercial and residential real estate finance industries. The PSP joins previous backer, private equity firm Stone Point Capital, which will remain SitusAMC’s largest shareholder. Read: PSP subsidiary starts development consultations for Toronto property […]
Ryerson University is taking a well-rounded approach toward supporting its staff and faculty who are working from home due to the coronavirus outbreak. The university has released a new guide to remote working, covering best practices such as developing a routine, setting up an ergonomic workspace and establishing an after-work ritual to signal the day […]