While institutional investors generally take for granted the overall global system in which they operate, these days they simply don’t have that luxury, said Jonathan Hausman, managing director and head of global strategic relationships at the Ontario Teachers’ Pension Plan, at an event hosted in Toronto on Wednesday by the Global Risk Institute. “I’d like […]
As the gap continues to widen between required infrastructure spending and actual dedicated funds, according to the G20, private infrastructure projects represent a strong opportunity for institutional investors. Speaking at TD Asset Management Inc.’s institutional investment symposium in Toronto on Wednesday, Matthew Press, the firm’s vice-president of infrastructure investments, said the funding gap in the G20 […]
The Principles for Responsible Investment has announced the winners of its inaugural awards. In the category of Active Ownership Project of the Year, Platform Living Wage Financials, a group of 11 financial institutions representing over 2.3 trillion euros in assets under management took the top spot, a case study posted on the PRI’s website said. […]
The market value of assets held by Canadian trusteed pension plans hit $1.97 trillion in the first quarter of 2019, an increase of five per cent from the last quarter of 2018, according to new data from Statistics Canada. Year over year, the market value of assets rose 3.6 per cent. The total includes assets […]
Indexes have been around for decades, but what does all of that accumulated data actually tell investors? The Russell 3000 index, which was created in 1984, captures approximately 98 per cent of U.S. traded equities. In order to fully replicate the U.S. market, an index would need to hold around 1000 more stocks, many of […]
Rewind to August 2015. The Newfoundland and Labrador Teachers’ Pension Plan was underfunded on both a solvency and going-concern basis, at 43.7 per cent and 65 per cent, respectively. Fast forward to year-end 2018 and it sits at a healthy 101.7 per cent on a going-concern basis. The turnaround stems from substantial changes to governance, […]
While target-date funds are intended to be used as a singular option in capital accumulation plans, many defined contribution plan members use them in conjunction with other investments, according to research from Morningstar. The report noted there are potentially more than 10 million DC participants in both TDFs and other plan investments. “While combining target-date […]
The Canada Pension Plan Investment Board is investing US$115 million in Delhivery Pvt Ltd., a third-party logistics provider in India. Delhivery operates supply chain services in more than 2,000 Indian cities. The CPPIB made the investment through its Fundamental Equities Asia group. “The continued strong growth of e-commerce has generated significant opportunities in India’s express […]
As the likelihood of a new Italian coalition government continues to solidify, institutional investors are watching the country’s extremely volatile bond markets. The hard-left Five Star Movement and centre-left Democratic Party have joined forces to avoid snap elections, which would have strongly reinforced the power of Matteo Salvini, the leader of Italy’s far-right League party, says Stephane Dutu, director […]
Canadian public companies are increasing the discount rates they use for their defined benefit pension plans, according to a new survey by Morneau Shepell Ltd. The survey of 90 Canadian public companies found the median discount rate — the interest rate the pension plan uses to determine the current value of its anticipated future benefits […]