The Nova Scotia Teachers’ Pension Plan’s funded status dipped from 82.5 per cent to 75.1 per cent on a going-concern basis in 2022, according to its annual report. The decrease in the funded ratio year over year was due to the asset losses in 2022 and to the fact the plan’s discount rate was maintained […]
The College of Arts and Technology pension plan’s assets dropped 2.3 per cent while its funded ratio on a going-concern basis remained at 124 per cent in 2022, according to its annual report. “With CAAT, members don’t have to worry about every market dip and blip,” wrote Derek Dobson (pictured), the multi-employer pension plan’s chief […]
The Investment Management Corp. of Ontario is reporting that the weighted average net return of its clients’ portfolios was negative 8.1 per cent for the year ended Dec. 31, 2022, which narrowly beat its consolidated benchmark return of negative 8.4 per cent. Over the three years since assets have been managed according to the IMCO’s strategies, the annualized return […]
The Alberta Investment Management Corp. is reporting an annual return of negative 3.4 per cent for 2022, citing declines in public equities and fixed income. The investment organization exceeded its benchmark by 1.8 per cent, with total client assets under management at $158 billion, according to a press release announcing its annual results. Read: AIMCo […]
Speaking at the Ontario Municipal Employees’ Retirement System’s annual general meeting on Tuesday, Blake Hutcheson, its chief executive officer, discussed the OMERS’ recent annual results, as well as its long-term growth expectations. “We think that, by 2030, we’ll be worth roughly $200 billion, up from a little more than $125 billion today.” The live event, […]
The OPSEU Pension Trust finished 2022 with net assets of $24.642 billion, down 2.2 per cent from the previous year, according to its latest annual results. “The most important thing is the funded status, which is at 100 per cent,” says Peter Lindley, president and chief executive officer of the OPTrust. “I think it’s quite […]
Bâtirente’s diversified funds lost between 5.7 per cent and 8.6 per cent in 2022 as a result of tumultuous conditions in the global economy, according to its latest results. “Global inflation reached a 40-year high due to several factors, such as the war in Ukraine, the persisting [coronavirus] pandemic, the world’s supply chain failures and […]
The Ontario Municipal Employees’ Retirement System’s assets grew by 4.2 per cent to $124.2 billion in 2022, according to its annual results. “Our significant allocations to private investments and focus on short-term credit over long-term bonds protected OMERS from the worst period of market losses incurred by investors since the 2008 global financial crisis,” said […]
The Caisse de dépôt et placement du Québec generated average returns of negative 5.6 per cent in 2022. “The year 2022 provided an environment filled with several challenges, with spiking inflation, historic interest rate hikes by central banks and rising geopolitical tensions,” said Charles Emond, the Caisse’s president and chief executive officer, during a press briefing […]
Members of the New Brunswick Public Service Pension Plan are receiving a cost-of-living adjustment that doesn’t cover increases in the cost of living in Canada. According to a press release, the $6.6 billion hybrid pension plan’s board of trustees voted to award its 40,000 members with a 5.24 per cent COLA, set to begin on […]