In 2022, the University Pension Plan implemented a growth plan, investment strategy, climate action plan and administration system. In a note to the jointly sponsored defined benefit pension plan’s 37,000 members, Barbara Zvan, its president and chief executive officer, touted the achievements during the UPP’s first full calendar year as well as the plans for its second. […]
While the vast majority (85 per cent) of institutional investors believe the economy is in a recession or will enter a recession next year, two-thirds (65 per cent) think stagflation is the bigger risk ahead, according to a survey by Natixis Investment Managers. The survey, which polled 500 institutional investors across the globe, found more than half […]
The Ontario Teachers’ Pension Plan Board is appointing Anna Murray as its senior managing director and global head of sustainable investing. In the new role, she’ll work with the pension plan’s total fund management investment division. She’ll also be responsible for the execution of the Ontario Teachers’ climate strategy and will oversee the continued integration […]
Three-quarters (75 per cent) of institutional investors say their alternative asset managers are either meeting or exceeding performance expectations in 2022 despite operating in a challenging and volatile market period, according to a survey by EY. The survey, which polled 114 hedge fund managers, 112 private equity firms and 61 institutional investors, found 50 per […]
Canadian investment managers had $3 trillion in assets using responsible investment strategies as of Dec. 31, 2021, down slightly from the $3.2 trillion reported in 2019, according to a survey by the Responsible Investment Association. The survey, which polled 77 asset managers and 13 asset owners, found more than nine in 10 (94 per cent) respondents are […]
Institutional investors must recognize the risks and opportunities presented by climate change and national efforts to mitigate it, says Jaakko Kooroshy, head of sustainable investment research at FTSE Russell. “Climate-related physical and transition risk threats to the global economy are real,” says Kooroshy, who leads a team that recently published a paper on the carbon reduction […]
Canada’s defined benefit pension plans aren’t taking full advantage of regenerative agriculture practices, says Shidan Gouran, founder and chairman of Bluesphere Carbon, a New York-based carbon credit marketplace. “Agriculture is a good way of sequestering carbon, though it can be a very bad way, too. . . . Any pension fund that owns a lot […]
While the majority (80 per cent) of U.S. retirement plan sponsors rate their record keeper as excellent or very good, they’re also seeking more support for plan members’ financial wellness, according to a new survey by Greenwich Associates. The survey, which polled 145 U.S. retirement plan sponsors and 15 U.S. consultants, found among plan sponsors, […]
The number of global indexes increased 4.43 per cent this year, led by environmental, social and governance indexes, which grew to new records, according to a new survey by the Index Industry Association. Although overall growth for 2022 slightly trailed 2021’s pace of nearly five per cent for the industry, the number of ESG indexes […]
The world’s 500 largest asset managers’ total discretionary assets under management increased by 10.2 per cent in 2021, reaching US$131.7 trillion, according to a new report by WTW’s Thinking Ahead Institute. It found North American AUM accounted for more than half (59.9 per cent) of AUM in the top 500 managers, garnering $78.9 trillion by […]