Canadian defined benefit pension plans posted a median 1.7 per cent return in the third quarter of 2019, down from 2.7 per cent in the previous quarter, according to the latest RBC Investor and Treasury Services’ universe. In comparison to the same quarter last year, the returns represent an improvement, with DB plans posted a meagre […]
Active investors should combine their own analytical work with the use of machine learning to get a leg up on their passive peers, according to a new paper. Fiona Frick, Unigestion’s chief executive officer, argued that, in an environment where institutional investors are using the same strategies and no one is left with an edge, active managers should use “collaborative […]
Defined contribution plan sponsors have a tough job. “Every day that goes by, DC is getting harder and harder to solve for,” said Lorie Latham, senior defined contribution strategist at T. Rowe Price during a session at Benefits Canada’s 2019 Defined Contribution Investment Forum in Toronto on Sept. 27. Looking to lessons learned in the […]
There are two fundamental reasons for including alternatives in a defined contribution pension portfolio, according to Ed Studd, solutions manager for U.S. portfolio solutions at Schroders, during a session at Benefits Canada’s 2019 Defined Contribution Investment Forum in Toronto on Sept. 27. First, alternatives can help the portfolio achieve better diversification by accessing different types […]
Canada’s defined benefit pension plans posted a median return of 1.6 per cent in 2019’s third quarter, according to Northern Trust Canada’s pension universe. “Despite a backdrop of persistent volatility, fear and uncertainty, Canadian pension plans displayed resilience in the third quarter,” said Arti Sharma, president and chief executive officer of Northern Trust Canada, in a press […]
Diversified pooled fund managers posted a median 1.5 per cent return before fees for the third quarter of 2019, according to Morneau Shepell Ltd.’s latest pension universe. The 1.5 per cent return represented a 0.3 per cent underperformance of its benchmark portfolio, which uses a 55 per cent equities and 45 per cent fixed income split. The […]
Passive investing is immensely popular, with assets in passive funds having cleared US$13 trillion, globally. But can active investors take advantage of the new landscape this is creating? Regardless of where an investor stands on the active versus passive debate, this new reality has shifted the overall market environment, revealing certain opportunities, said Ivan Cajic, […]
For intergenerational investors, such as foreign pension plans ramping up their exposure to alternative assets and leveraging patient capital, it’s worth paying attention to Indonesia’s potential. “If you follow the logic that the country’s going to be the fourth or fifth largest economy in the world . . . then, to me, it’s too big […]
Twenty years ago, Jim Keohane was brought into the Healthcare of Ontario Pension Plan to launch its derivatives program. Since then, he’s climbed his way to the role of president and chief investment officer, grown his reputation as a trailblazer in liability-driven investing and navigated the pension fund through the financial crisis with positive returns. […]
Global growth slowed to three per cent on an annual basis in the middle of 2019 and is expected to remain below three per cent for the next 18 months, according to a Q4 report by Aviva Investors. “That would represent the weakest sustained period for over a decade,” the report said. “We expect all […]