Between 2012 and 2016, Canada’s total private drug claims market increased by a 4.7 per cent compound annual growth rate, according to new research by Innovative Medicines Canada. The analysis, which is based on IQVIA Inc.’s Canadian private drug plan claims database, aims to highlight the key drivers of private drug plan cost growth for the period. “Often the […]
In February, the Canada Pension Plan Investment Board flipped the script on fixed income by issuing its own bonds rather than purchasing them. The move to issue one billion euros’ worth of 15-year bonds at a 1.5 per cent fixed annual coupon marked the second time it had released euro-denominated bonds. In June 2017, it […]
The Public Sector Pension Investment Board, alongside global alternative investment manager Investcorp, is taking a strategic minority stake in United Talent Agency. The capital from the two investors is aiming to boost the global talent and entertainment company’s continuing growth, expanding its core business of talent representation. Indeed, UTA recently amped up acquisitions in areas including live […]
Nearly half (48 per cent) of investors disagree with the MSCI’s recent decision to add 230 Chinese A-share, large-cap equities to its broad emerging market index, according to new research by the Asian Corporate Governance Association. Overall, the report examined the state of corporate governance in China, a long-standing barrier for including the country’s companies as […]
Watch equity markets closely as trade tension continues: experts
With the Trump administration continuing to take aim at its major trading partners, institutional money managers are warning investors to anticipate more volatility in equity markets. “A full-blown trade war would be a major reversal of the trend toward globalization that has underpinned markets for decades and could have severe consequences for corporate profits, given the importance […]
Sears Canada Inc. retirees, through Koskie Minsky LLP, filed a motion in court on Friday seeking the retailer’s remaining cash to help fund their pension shortfall. While the plan’s deficit sits at $260 million, the company currently holds about $135 million, according to a recent report by FTI Consulting Canada Inc., the court appointed monitor for the retailer’s insolvency. If the […]
Despite the Trump administration’s ongoing trade antics, U.S. markets appear to have calmed their jitters compared to the first quarter of 2018, but there are still rumblings below the surface, according to one expert. David Jilek, vice-president and chief investment strategist at Gateway Investment Advisers, says institutional investors taking on a more active equity strategy will […]
Tensions between China and the United States are heating up as the Trump administration proposed a 10 per cent tariff on $200 billion worth of Chinese goods last week. The U.S. is hitting China where it hurts, according to an economic insight report from Benjamin Tal, deputy chief economist of CIBC World Markets Inc., and Katherine […]
Some of the world’s major indexes are bringing Saudi Arabia’s public equities into the mix, a move that could alter the landscape for emerging market investments. As of June 2019, MSCI Inc. will include its Saudi Arabia index in the MSCI emerging markets index. The 32 securities from the country will make up a weight of approximately 2.6 per […]