Defined benefit pension plan sponsors must consider the downsides of using a liability-driven investment strategy, particularly the role of interest rates, said Duncan Burrill, managing director and chief executive officer of the Canadian Broadcasting Corp. Pension Plan, during a session at the Canadian Investment Review’s 2023 Risk Management Conference. However, he also noted the pension fund’s LDI […]
At the beginning of 2020, the OPSEU Pension Trust upped its gold allocation to close to six per cent of its total fund after a comprehensive portfolio assessment. The decision paid off. In an environment of historically low interest rates and coronavirus-related market uncertainty, the commodity’s price skyrocketed to reach an all-time high of US$2,000 […]
Canada’s economy is famously reliant on its rich natural resources, with a heaping helping of financial service providers thrown in for good measure. But when oil companies, mining outfits or Canadian banks are deciding how to invest the capital in their pension funds, does it make sense to steer clear of exposures that directly correlate […]
Managing volatility across time horizons.
As the hedge fund industry continues its recovery, the world's largest hedge fund firm reported that its assets are down again this year.