fixed income – Benefits Canada.com

AIMCo returns 5.4% in first half of 2024, driven by public equities

bmcgovern — Wed, 28 Aug 2024 19:00:34 +0000

The Alberta Investment Management Corp. is reporting a net return of 5.4 per cent for the first half of 2024. During the six-month period ending June 30, 2024, the AIMCo’s total assets under management were $168.9 billion. The investment organization’s balanced fund — a composite of client accounts that invest in money market and fixed income, […]

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OMERS returns 4.4% for first half of 2024

bwolfe — Mon, 19 Aug 2024 13:00:47 +0000

The Ontario Municipal Employees’ Retirement System earned a net investment return of 4.4 per cent for the first six months of this year, helped by the performance of its investments in public equities and strong contributions from its holdings in private credit and infrastructure. The fund had a good start to the year, reflecting the […]

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Caisse returns 4.2% in first half of 2024, underperforming benchmark

bwolfe — Fri, 16 Aug 2024 13:00:18 +0000

The Caisse de dépôt et placement du Québec returned 4.2 per cent in the first half of 2024, underperforming its benchmark of 4.6 per cent. As at June 30, 2024, the Caisse’s net assets totalled $452 billion. Its average annualized returns over five and 10 years were six per cent and 7.1 per cent, respectively. […]

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Average Canadian DB pension plan returns 1.1% in Q2 2024: reports

bmcgovern — Wed, 07 Aug 2024 13:00:56 +0000

The average Canadian defined benefit pension plan posted a median return of 1.1 per cent in the second quarter of 2024, according to a new report by RBC Investor Services. The report, which tracks performance and asset allocation across Canadian DB plans, also found that the plans saw a return of 4.4 per cent for […]

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Liquidity status guiding Canadian pension funds through near-term market volatility: report

bmcgovern — Wed, 24 Jul 2024 19:00:31 +0000

Liquidity status is helping some of Canada’s biggest pension funds meet the challenges of a volatile investment market thanks to exceptional liquidity status, according to a new report by Fitch Ratings Inc. The report, which compared the credit ratings and portfolios of seven of the largest Canadian pension funds with approximately $2.1 trillion in net […]

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Average funded ratio of Canadian DB pension plans up 2% in Q2 2024: report

bmcgovern — Wed, 17 Jul 2024 19:00:00 +0000

The funded ratio of the average Canadian defined benefit pension plan grew by two per cent during the second quarter of 2024 and nine per cent since the start of the year to 126 per cent, according to a new report by Normandin Beaudry. It found the average solvency ratio of Canadian pension plans rose […]

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Interest rate cut boosts returns from short-term government bonds, credit: report

bmcgovern — Mon, 15 Jul 2024 19:00:42 +0000

Returns from short-term Government of Canada bonds and credit are rising due to the easing of interest rates by the Bank of Canada last month, according to a new report from FTSE Russell. It noted while Canadian government bonds across all maturities rallied, the gains didn’t erase overall losses in the second quarter, except for […]

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Median solvency ratio of Canadian DB pension plans stays flat in Q2 2024: reports

bmcgovern — Wed, 03 Jul 2024 19:00:58 +0000

The median solvency ratio of Canadian defined benefit pension plans remained flat in the second quarter of 2024, compared to the previous quarter, according to a report by Mercer. The report, which tracked 450 DB pension plans, found the median solvency ratio was 118 per cent, as at June 28, 2024, the same as at […]

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BCI reports 7.5% annual return, assets grow to $250.4BN

bmcgovern — Fri, 28 Jun 2024 19:00:41 +0000

The British Columbia Investment Management Corp. is reporting an annual return of 7.5 per cent, or $17.4 billion, as at March 31, 2024, up from 3.5 per cent the previous fiscal year, according to its latest annual report. The report, which reflects the results from the investments of its six largest pension clients — the BC Hydro Pension […]

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Mandating Canadian pension funds’ domestic investments could harm plan members: study

bmcgovern — Thu, 27 Jun 2024 13:00:19 +0000

A potential federal mandate for Canadian pension funds to increase their domestic investments could end up harming the very people the pension system is set up to protect, according to a new study by the Global Risk Institute. The paper examined the potential effect of official legislation that pushes for increased investments in domestic markets, […]

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