Increasingly, Canadian plan sponsors are making allocations to non-traditional, or alternative, asset classes to improve the risk/return characteristics of their plans. One such asset class that is receiving increased attention is infrastructure. At a broad level, infrastructure investments can be split into two main categories, economic and social. Economic infrastructure consists of services for which […]
More than two years after the elimination of the foreign property rule, have investment managers’ predictions rung true? A little over two years ago, former Finance Minister, Ralph Goodale, announced the elimination of the foreign property rule(FPR). The FPR prohibited registered pension plans from holding more than 30% in assets deemed to be foreign property. […]