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What lies ahead for pension funds in 2020?

Institutional investors are grappling with historic levels of geopolitical tension, with multiple pain points contributing to a shifting macroeconomic landscape. But amid the whooshing sounds of headlines, quickly forgotten with the arrival of the next tweet, Canada’s pension plans are eyeing trade, interest rates and, ultimately, investment fundamentals, no matter which hashtags are trending. “Within […]

Against a backdrop of uncertainty, the OPSEU Pension Trust is guided by an investment strategy with certainty at its core. In 2015, the plan introduced what it calls a member-driven investing strategy, which is all about efficient risk allocation and earning the returns required to pay pensions at the lowest possible risk. “That’s different from […]

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Canadian defined benefit pension plans posted a return of 14 per cent in 2019, according to the RBC Investor and Treasury Services’ universe. These double-digit returns were the second highest for DB plans in the past decade, bolstered by a surge in equity markets both domestically and around the world. “Over the past 10 years, […]

  • By: Staff
  • February 13, 2020 December 13, 2020
  • 08:33
DC pension assets beating out DB in largest markets: report

For the first time, defined contribution plan assets are exceeding defined benefit holdings across the world’s six largest pension markets, according to new report by Willis Towers Watson’s Thinking Ahead Institute. The report also found DC plan assets have grown at a faster rate (8.4 per cent per annum) than DB plans (4.8 per cent per annum) […]

  • By: Staff
  • February 10, 2020 November 30, 2020
  • 10:10
Is tech the only equity sector with any alpha left?

For institutional investors looking for alpha, there’s one sector in particular where they can find it, said Jeremy Yeung, vice-president of portfolio management and portfolio manager at Signature Global Asset Management. “Technology is an inefficient market, that’s where all the alpha is,” he noted, speaking at an event hosted by the CFA Society Toronto on Wednesday. But in […]

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If institutional investors want alpha, there’s one sector in particular where they can find it, said Jeremy Yeung, vice-president of portfolio management and portfolio manager at Signature Global Asset Management. “Technology is an inefficient market, that’s where all the alpha is,” he noted, speaking at an event hosted by the CFA Society Toronto on Wednesday. […]

What could proposed changes to SEC rules mean for Canadian pensions?

While it isn’t Canadian, the U.S. Securities and Exchange Commission certainly has plenty of power to affect assets held by Canadian pension plans. A number of proposed rule changes recently brought forward by the SEC are raising Canadian institutional investors’ eyebrows. The Pension Investment Association of Canada submitted two letters to the SEC addressing potential changes related to […]

Should investors keep calm and carry on in the face of the coronavirus?

China’s markets are reeling from the economic ramifications of the coronavirus. With more foreign institutional investor capital allocated to the region than ever before, investors can do little else but wait to see whether the outbreak will merely cause a blip on their trading screens or if the virus will continue to spread. On Monday […]

Canadian DB plan returns rise in fourth quarter as equity markets rebound

Canadian defined benefit pension plans returned a median 2.52 per cent for the fourth quarter of 2019, reflecting an improved economic outlook for investors, according to BNY Mellon Asset Management Canada Ltd. Its Canadian master trust universe, which is based on 84 Canadian corporate, public and university pension plans, reported a one-year median return of […]

  • By: Staff
  • February 3, 2020 November 12, 2020
  • 15:15
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The Shanghai Composite index tumbled nearly eight per cent on Monday as Chinese regulators moved to stabilize markets jolted by a virus that has spread to more than 20 countries, slamming regional tourism and threatening global growth. The outbreak of the virus in China has prompted governments around the world to step up surveillance and […]