The Canadian pension risk transfer market reached record-breaking demand in 2024 with $11 billion in deals at the end of the year, eclipsing the $7.8 billion combined total of annuities transactions in 2023 and 2022. Indeed, the fourth quarter of 2024 alone saw $5.2 billion of overall transactions, split between $1.5 billion in buy-ins and […]
Many factors have contributed to a proliferation of debt at the sovereign level, including the coronavirus pandemic and central bankers subsequent fight against inflation. “A lot of themes we’re talking about have led to some scarcity, supply chain fragility leading to that inflationary impulse in tandem with continued fiscal largess,” said Renato Latini, portfolio manager […]
The move towards a core-plus mindset, first-time major allocations to stand-alone credit strategies and a focus on less liquid assets are the top trends in credit among institutional investors, according to Andrzej Skiba, managing director and head of U.S. fixed income on the BlueBay fixed income team at RBC Global Asset Management (U.S.) Inc., speaking during […]
The funded position of a typical Canadian defined benefit pension plan decreased both on a solvency and accounting basis in March, according to Telus Health’s latest pension index. It found the average funded position decreased slightly on a solvency basis from 100 per cent to 97.7 per cent at the end of the month. On […]
On Dec. 6, 2024, leaders from Canada’s defined benefit pension plan sponsor community, alongside thought leaders and investment experts, came together at the Omni King Edward Hotel in Toronto to shed light on 2024’s challenging economic landscape and make informed predictions about the hurdles and opportunities ahead. Find out what you missed! Canadian economy on high alert for impact […]
Taking an institutional toolbox to the typically retail closed-end fund market is providing institutional investors with an entry point into an obscure asset, according to Scott Eldridge, senior portfolio manager of closed-end fund strategies at Allspring Global Investments. During a session at the Canadian Investment Review’s 2024 Defined Benefit Investment Forum, he noted the low […]
With the start of a new year, there are several developments and trends that will likely impact Canadian pension plan sponsors in 2025. Implementation of regulatory guidelines In September 2024, the Canadian Association of Pension Supervisory Authorities published a new guideline for risk management for plan administrators and an update to their guideline for capital […]
The world’s 500 largest asset managers’ assets under management increased by 12.5 per cent to US$128 trillion in 2023, compared to $113.7 trillion at the end of 2022, according to a new report by WTW’s Thinking Ahead Institute. It noted the annual growth rate represents a significant recovery from the major correction seen in 2022, […]
Nearly two-thirds (63 per cent) of North American institutional investors say they’re sticking to their long-term investment strategy amid the short-term noise of the various elections taking place globally this year, according to a new survey by Schroders. The survey — which polled more than 2,800 professionals across more than 400 institutional investors, including 92 […]
The funded position of a typical Canadian defined benefit pension plan decreased to 107 per cent in August, down from to 107.8 per cent at the end of July, according to Telus Health’s latest pension index. It found a representative pension plan portfolio returned 0.4 per cent for the month due to strong performances by Canadian equities […]