Canadian defined benefit pension plans generated a median return of negative 1.99 per cent in the third quarter of 2023, according to the BNY Mellon Canadian asset strategy view universe. The universe, which is based on $290.2 billion worth of investment assets in Canadian DB plans, found the one-year median return was 8.01 per cent […]
The average Canadian defined benefit pension plan returned negative four per cent in the third quarter of 2023, according to two new reports. The RBC Investor and Treasury Services’ universe, which tracks performance and asset allocation across Canadian DB plans, found the most recent quarterly losses mean the average return has decreased to 1.9 per cent […]
Canadian defined benefit pension plans generated a median return of 1.19 per cent in the second quarter of 2023, according to the BNY Mellon Canadian asset strategy view universe. The universe, which is based on $300.1 billion worth of investment assets in Canadian DB plans, found the one-year median return at June 30, 2023 was 10.05 per cent, while the […]
The funded position of a typical Canadian defined benefit pension plan fell slightly on a solvency basis and rose on an accounting basis in May, according to a new report by Telus Health. During the month, the solvency of the average DB plan dipped by 0.6 per cent, falling to 101.4 per cent. The balance […]
In December 2021, Simon Fraser University announced the global equity portfolios for its non-pension related funds — valued at $450 million — would divest from fossil fuel producers. Four months later, the three members of its treasury team, which is led by Jacky Shen, treasurer and director of investment at the university, announced it had […]
While China’s presence on emerging market indexes may be shrinking, the case for investing in it remains compelling, said Vivian Lin Thurston, a partner and portfolio manager for emerging markets growth at William Blair Investment Management, during a session at the Canadian Investment Review’s 2023 Global Investment Conference. “China now accounts for approximately 31 per […]
A typical Canadian defined benefit pension plan’s funded position improved on a solvency basis and decreased on an accounting basis in April as a result of the strong performance of domestic equities and decreases in bond yields, according to a new report by Telus Health. During the month, the solvency of the typical Canadian DB […]
Bâtirente’s diversified funds lost between 5.7 per cent and 8.6 per cent in 2022 as a result of tumultuous conditions in the global economy, according to its latest results. “Global inflation reached a 40-year high due to several factors, such as the war in Ukraine, the persisting [coronavirus] pandemic, the world’s supply chain failures and […]
Marlene Puffer, chief investment officer of the Alberta Investment Management Corp., believes many public market asset classes are under-priced as a result of inflation and interest rate hikes in 2022. “The persistent rise in inflation caught many central banks off guard, forcing them to undertake the most aggressive interest rate hiking cycle seen in decades,” […]
The median Canadian defined benefit pension plan returned 2.8 per cent during the last quarter of 2022 after facing losses of 12.8 per cent over the course of the year, according to a new report by Northern Trust Canada. The report draws from the Northern Trust Canada universe, which tracks the performance of Canadian DB plans. […]