Even before the coronavirus began affecting capital markets, fixed income investors were becoming more risk averse, according to Invesco’s latest survey. Close to half (43 per cent) of investors surveyed in late 2019 said they felt the then economic cycle had a year or less left to run and were adapting their portfolios accordingly. In some cases, this change […]
Public companies are deferring long-term capital expenditure, pausing share repurchase programs and cutting dividends to deal with the economic fallout of the coronavirus crisis. But companies in the health-care and information technology sectors are proving to be more resilient, said Nick Getaz, vice-president and portfolio manager in Franklin Templeton’s equity group, in a webinar on Thursday. “At this point, […]
With environmental, social and governance considerations hovering on the agendas of legislators, shareholders and consumers, it’s easy to overlook the fact that responsible investment can be fraught with legal risks for pension plan sponsors. However, plan sponsors can mitigate much of that risk with a proper understanding of the distinction between ESG factor integration and […]
At a time of uncertainty caused by the coronavirus crisis, active ownership is more important than ever, says Kevin Thomas, chief executive officer of the Shareholder Association for Research and Education. Many organizations are trying to influence companies and policy-makers, and those voices matter, he notes. “You don’t want to be sitting on the sidelines.” […]
In recent years, investing with a gender lens has become far more popular among institutional investors. “Part of it is awareness and part of it is some of the performance,” said Jackie VanderBrug, managing director and head of sustainable and impact investment strategy at Bank of America Corp., during a webinar hosted by the Forum for […]
The OPSEU Pension Trust has published its latest responsible investing report, highlighting a number of initiatives it’s undertaken in the past year. In 2019, the pension fund expanded its holdings in green bonds with a $100-million investment in such issuances from the Ontario government. It also received an A+ rating from the United Nations’ principles […]
The OPSEU Pension Trust has released a responsible investing report, highlighting a number of sustainability initiatives it has undertaken in the past year. In 2019, the pension fund expanded its holdings in green bonds with an $100-million investment in Ontario government green bonds. It also received an A+ rating from the Principles for Responsible Investment […]
The Canada Pension Plan Investment Board is acquiring a 49 per cent of the entity that holds Enbridge Inc.’s stake in Éolien Maritime France SAS, Enbridge’s partnership with EDF Renewables. The investment is set to support the development of three offshore wind farms in France. The CPPIB is paying €80 million for its stake, with a further €120 […]
With environmental, social and governance issues becoming more prominent among investors, it’s important to consider what sustainability means for DC plans. Plan sponsors are facing somewhat conflicting objectives, said Christine Girvan, senior managing director and head of Canadian distribution at MFS Investment Management, during a session at Benefits Canada‘s 2020 DC Plan Summit in Montreal […]
The Ontario Teachers’ Pension Plan is expanding its strategic relationship with Wellington Management Co. to better integrate climate science research into its investments. Ontario Teachers’ and Wellington are collaborating with the Woods Hole Research Center, a climate-change think tank, with the goal of applying research findings when executing the pension fund’s investment strategies and providing insights to investment […]