Canadian equities – Benefits Canada.com

Average Canadian DB pension plan returns 0.4% in September: report

bmcgovern — Thu, 17 Oct 2024 15:00:50 +0000

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 […]

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Canadian institutional investors allocating 3% to domestic equities: report

bmcgovern — Wed, 02 Oct 2024 19:00:46 +0000

Canadian institutional investors are allocating only three per cent of their funds to domestic equities, according to a new study from London-based think thank New Financial LLP. The report, which analyzed 13 countries’ pension systems, found the U.S. had the highest allocation to domestic equities (44 per cent), while Norway had the lowest (0.5 per cent). […]

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Average Canadian DB pension plan returns 3.2% in July: report

bmcgovern — Tue, 10 Sep 2024 13:00:06 +0000

The funded position of a typical Canadian defined benefit pension plan rose on both a solvency and accounting basis in July, according to Telus Health’s latest pension index. It found the solvency of the average DB plan rose to 107.8 per cent, up from 107.6 per cent in June, while the accounting index increased from […]

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Average Canadian DB pension plan returns 1.1% in Q2 2024: reports

bmcgovern — Wed, 07 Aug 2024 13:00:56 +0000

The average Canadian defined benefit pension plan posted a median return of 1.1 per cent in the second quarter of 2024, according to a new report by RBC Investor Services. The report, which tracks performance and asset allocation across Canadian DB plans, also found that the plans saw a return of 4.4 per cent for […]

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AIMCo backing offshore wind energy acquisition, Caisse investing in data centre project expansion

bmcgovern — Fri, 26 Jul 2024 16:00:02 +0000

The Alberta Investment Management Corp. is backing an acquisition deal that will see Singapore-based Cyan Renewables buy Australian offshore marine services provider MMA Offshore Ltd. in a deal worth U.S.$714 million. According to a press release, the AIMCo participated in the acquisition through its investment in Cyan. MMA shareholders stand to obtain a 31 per […]

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BCI reports 7.5% annual return, assets grow to $250.4BN

bmcgovern — Fri, 28 Jun 2024 19:00:41 +0000

The British Columbia Investment Management Corp. is reporting an annual return of 7.5 per cent, or $17.4 billion, as at March 31, 2024, up from 3.5 per cent the previous fiscal year, according to its latest annual report. The report, which reflects the results from the investments of its six largest pension clients — the BC Hydro Pension […]

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Mandating Canadian pension funds’ domestic investments could harm plan members: study

bmcgovern — Thu, 27 Jun 2024 13:00:19 +0000

A potential federal mandate for Canadian pension funds to increase their domestic investments could end up harming the very people the pension system is set up to protect, according to a new study by the Global Risk Institute. The paper examined the potential effect of official legislation that pushes for increased investments in domestic markets, […]

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Where do Canadian institutional investors stand on calls for increased domestic investments?

bmcgovern — Thu, 04 Apr 2024 13:00:53 +0000

A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the economy, says Malcolm Hamilton, a senior fellow at the C.D. Howe Institute. “I think it’s very natural for Canadian businesses . . . [that] focus on the Canadian economy, not […]

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Pension funds end Q4 2023 with positive results driven by equities, fixed income: report

bmcgovern — Tue, 05 Mar 2024 14:00:06 +0000

Stocks and bonds helped pension funds find positive results in the fourth quarter of 2023, according to the performance universe of pension managers’ pooled funds from Telus Health. The report is based on a universe of fund managers overseeing approximately $470 billion in assets under management, including $230 billion in pension fund assets. Read: Average Canadian […]

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Average Canadian DB pension plan returns 8.4% in Q4 2023: report

bmcgovern — Thu, 08 Feb 2024 14:00:20 +0000

The average Canadian defined benefit pension plan generated a median return of 8.4 per cent for the fourth quarter of 2023, according to a report by Northern Trust Corp. The report, which tracks DB plans within the Northern Trust Canada universe, found the average Canadian DB plan ended the year with a median 10 per cent return. […]

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