The vast majority (88 per cent) of institutional investors have reduced their allocations to fixed income over the past 18 months, according to a survey by Aeon Investments Ltd. The survey, which was based on responses from institutional investors in Europe and the U.S. with a total of US$436.5 billion in assets under management, found more […]
The Responsible Investment Association is appointing Patricia Fletcher as its incoming chief executive officer, effective Feb. 7, 2022. Prior to the new role, Fletcher was vice-president of education at the Institute of Corporate Directors. She spent nearly nine years as managing director at the Canadian Institute, three years as director of the Hay Group’s information […]
Abrupt changes in climate policies from governments around the world could lead to fire sales of climate sensitive assets held by institutional investors, according to a the results of a pilot scenario analysis project from the Bank of Canada and the Office of the Superintendent of Financial Institutions. “Climate transition risks are challenging to assess […]
The Caisse de dépôt et placement du Québec is increasing its stake in an energy company by 16.5 per cent. Following the transaction, the investment manager will control 80.9 per cent of Trencap, a limited partnership that controls Noverco Inc. The remaining shares in Trencap are held by the Fonds de solidarité FTQ, a Quebec-based […]
The Pension Investment Association is appointing a new chair, vice-chair and secretary-treasurer for 2022. Sean Hewitt, chief executive officer of the Toronto Transit Commission Pension Fund Society, is the organization’s new chair. His previous roles include director of pension assets at the Canadian Pacific Railway Co. and senior analyst of investments at Mercer Canada. Read: How […]
A growing number of institutional investors are pledging to achieve net-zero carbon emissions in their portfolios by 2050, according to a new survey by Cerulli Associates. Nearly a third of asset managers (31 per cent) and institutional asset owners (32 per cent) said they’ve made a formal commitment to a net-zero goal, while another 21 per […]
The average solvency ratio of Canadian defined benefit pension plans in Mercer’s database grew by seven per cent in 2021, according to a new report by the consultancy. The report, which looked at the overall performance of more than 500 Canadian DB plans in 2021, found, at the end of the year, the plans’ average […]
Last year was a tumultuous one, with economies ravaged by successive waves of coronavirus pandemic-related stresses and closures. Despite the negative impact these forces had on the economy, the stock market continued to rebound from the March 2020 correction and performed well. And in the face of higher volatility, U.S. stock exchanges were the highest […]
Investors should expect the unexpected in 2022, according to George Athanassakos, professor of finance and the Ben Graham chair in value investing at Western University’s Ivey School of Business. “2022 is likely to be filled with hidden hazards, both known unknowns and unknown unknowns,” he wrote in an email to the Canadian Investment Review. This […]
With Benefits Canada‘s companion publication the Canadian Investment Review integrating into BenefitsCanada.com in early 2021, many of the top investment stories of the year include CIR content, alongside stories from the print magazine and other investment trend stories. 2021 Top 100 Pension Funds Report: DB plans shining bright amid pandemic clouds Expert panel: When the […]