Several of Canada’s largest pension funds have backed a proposal requesting that Amazon.com Inc. review how its actions against ongoing union organizing efforts align with its stated commitment to freedom of association and collective bargaining. The proposal by the Shareholder Association for Research and Education and the Catherine Donnelly Foundation was supported by the Alberta […]
While institutional investors have likely relaxed leverage constraint in their private equity portfolios, they could realize better investment outcomes by taking the same approach with their public market exposures “Constraints [on leverage] prevent some of the most useful tools in portfolio management — namely, full diversification,” said Roberto Croce, head of risk parity and liquid […]
Canada’s Maple 8 — the country’s largest eight public pension plans that manage a total of about $2 trillion in assets — use similar governance structures to consistently deliver strong returns. Pension systems around the world are difficult to manage, said Sebastien Betermier, an associate professor of finance at the Desautels Faculty of Management at […]
An article on how employers can create health benefits and retirement plans for gig workers was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Expert panel: How employers can design health benefits, retirement plans for gig workers 2. Hitachi, Unifor agreement includes DB, DC pension […]
Cadillac Fairview is adopting a series of sustainable investing goals to help its portfolio achieve carbon neutrality by 2050. The real estate arm of the Ontario Teachers’ Pension Plan announced it would achieve net-zero emissions in its $35-billion portfolio before 2050 in stages. During the first stage, it aims to reduce its portfolio’s carbon emissions […]
While politics plays a role in most investment decisions, it tends to arise on a fairly localized basis, says Michael Craig, head of the asset allocation and derivatives teams at TD Asset Management Inc. In addition, its prominence as a factor usually rises and falls on a cycle, slipping easily off investors’ radar in times […]
The majority of institutional investors believe the Russian invasion of Ukraine will be the catalyst of a period of high inflation and low employment around the globe, according to new survey by London-based CoreData Research. The survey, which polled 200 global institutional investors, found about a fifth (18 per cent) of respondents believe the invasion […]
An article on how employers can support workers as a record number of Canadians prepare to retire was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. How employers can support workers as record number of Canadians near retirement 2. Best Buy adopting remote working-first approach […]
Canada’s defined benefit pension plans saw average losses of 5.5 per cent in the first quarter of 2022, according to a new report by RBC Investor and Treasury Services. During the quarter, DB plans saw their largest overall contraction of worth since the first quarter of 2020. In a press release, Niki Zaphiratos, managing director of […]
The Ontario Teachers’ Pension Plan is investing in a unicorn firm behind a popular European tax app. The pension fund’s private equity subsidiary Teachers’ Venture Growth served as the lead investor in a US$220 million investment round for Taxfix. As a result of the capital infusion, the Berlin-based software provider’s valuation surpassed US$1 billion. Founded […]