The 2023 federal budget, which was announced on Tuesday, includes several initiatives related to defined benefit pension plans and the broader institutional investment sector. The government said it would entrust the administration of a new federal investment fund to the Public Sector Pension Investment Board. “By partnering with PSP Investments, the Canada Growth Fund will […]
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 […]
The Financial Services Regulatory Authority of Ontario is introducing a whistleblower program to more effectively identify misconduct in the pensions and non-securities financial services sectors. The program will apply to any individual or entity who comes forward in good faith with valuable, timely and non-public/insider information related to an alleged or intended contravention in any […]
The U.K. pension regulator is releasing new rules on climate disclosures for institutional investors and defined benefit pension plans. In a report, the Financial Conduct Authority laid out its latest rules and guidelines for pension plan sponsors related to climate-related risks and opportunities. “Firms would be required to produce, annually, a baseline set of consistent, […]
Vietnam has been growing at an impressive pace for several years, since it began to liberalize its economy in the mid-1980s. But there are still areas of friction for foreign institutional investors, namely the country’s relatively small scale capital markets and the ensuing issue of limited liquidity within them, says Sriyan Pietersz, an investment strategist […]
The Financial Services Regulatory Authority is creating three new technical advisory committees, which will provide advice and feedback to the regulator on pension sector related matters and will form part of its stakeholder engagement process going forward. The aim is to improve processes and approaches to regulation and reduce regulatory burden, noted a press release. […]
The Ontario Securities Commission has laid out its priorities for 2019-20, which focus on promoting confidence in Ontario’s capital markets and reducing regulatory burden. In terms of confidence building, the commission said it intends to continue consulting on client-focused reforms and on the Canadian Securities Administrators’ policy consultations on mutual fund embedded commissions; improve the […]