Global market volatility drove Canadian defined benefit pension plans’ median returns lower in the second quarter of 2019, according to BNY Mellon Asset Management Canada Ltd. and RBC Investor and Treasury Services. Among the 84 Canadian corporate, public and university pension plans in BNY Mellon’s tracking service, the quarterly return was just 2.34 per cent, compared to […]
As active attempts to dismantle globalization are disrupting businesses already using tools to push growth and profitability forward, institutional investors need to remain vigilant after a decade of steady gains. Regardless of the asset class, cash flows over the last decade have been above average and even wildly abundant in some cases, says Robert Almeida, […]
As active attempts to dismantle globalization are disrupting businesses already using tools to push growth and profitability forward, institutional investors need to remain vigilant after a decade of steady gains. Regardless of the asset class, cash flows over the last decade have been above average and even wildly abundant in some cases, says Robert Almeida, […]
The Caisse de dépôt et placement du Québec, alongside Fengate Asset Management, is investing in eStruxture Data Centers. The Quebec-based data centre operator currently has five data centres, three in Montreal and two in Vancouver. The co-investment will allow the company to buy a new data centre from Shaw Communications Inc. in Calgary and help […]
About four in 10 (41 per cent) hedge fund managers are considering environmental, social and governance factors in their allocation decisions, according to a new survey by BarclayHedge Ltd. Among this group, 52 per cent of assets are currently allocated based on ESG ratings. Last year, that number was 42 per cent and it’s projected to jump […]
The British Columbia Investment Management Corp. posted a combined net return of 6.1 per cent for its fiscal year, which ended March 31, 2019. Adding $2 billion in value, the organization increased its assets under management to $153.4 billion and beat its combined market benchmark, which returned 4.5 per cent. Private assets drove the outperformance, with income generation and […]
The advent of fifth generation cellular technology, 5G for short, has significant implications for institutional investors with patient capital. Many innovative sectors have the capacity to leap forward as this network technology becomes more widely used, including self-driving cars, video games, health care and cybersecurity, says Raj Lala, president and chief executive officer of Evolve ETFs. […]
Canadian defined benefit plans posted a median return of 2.5 per cent during the second quarter of 2019, according to data by Northern Trust Corp. The small gain marked the second consecutive quarter of positive growth, despite global growth concerns and worries over ongoing trade disputes contributing to equity volatility in developed markets. “In the midst of uncertainty surrounding […]
Franklin Templeton Investments Corp. is appointing Alan Bartlett as chief investment officer of its global equity group. When he begins the new role in October, Bartlett will replace Norm Boersma, the group’s CIO since 2012, who’ll retire in the fall. Previously, Bartlett was a founding member and chief executive officer of Goodhart Partners. He was also CIO of the institutional multi-manager team […]
As institutional investors continue to wait for Brexit, will anything change as Boris Johnson becomes prime minister? Mere months ago, the consensus was Britain would most likely manage some kind of deal to accompany Brexit, but Johnson’s harder stance on Europe changes the rules of engagement. “Already, you’re seeing the financial impact,” says Talbot Babineau, […]