Catherine Heath is a vice-president, portfolio manager at Leith Wheeler Investment Counsel. These are the views of the author and not necessarily those of the Canadian Investment Review.
Why should defined benefit pension plans invest in Canadian equity markets at all? It’s a question many DB plan sponsors began asking themselves in the mid-1990s. At that time, the federal government removed foreign content limitations on pension plans and again, later, when it made similar changes for individual registered retirement savings plans. These regulatory […]
United States 10-year bond yields have risen substantially from their lows of 0.50 per cent last summer, hitting 1.6 per cent by late February. Canadian 10-year yields have taken a similar trajectory to reach a range of 1.5 per cent in March, which is up from 0.43 per cent in August. At the short end […]
Canada’s green bond market has been growing, but investors would benefit from digging a little deeper to ensure what they’re buying is in fact green and not merely clever greenwashing. Green bonds are still in their infancy. The world’s first green bond was introduced in 2007 and the first Canadian one was issued in 2012. […]
When the coronavirus prompted a collapse in both economic activity and equity markets in March, it put an end to the longest bull market in history. Unprecedented steps by business and governments to slow transmission of the virus all but halted the global economy and adding insult to the viral injury, Russia and Saudi Arabia’s […]
There has been a lot of buzz about negative interest rates lately, as the idea that you would have to pay governments to borrow your money seems to turn the very foundation of finance on its head. But that is exactly what is happening right now for trillions of dollars in the world’s bond markets. […]