Financial sector workers with a keen understanding of sustainable finance issues are in high demand in Canada, according to a United Nations-backed report. The report, commissioned by the UN-linked Financial Centres for Sustainability, Deloitte and Toronto Finance International, was based on responses from individuals working at asset management companies, banks, insurance companies, pension plans and other financial sector organizations. While all […]
The Pension Investment Association of Canada board is prioritizing a return to business as usual and the expansion of the association’s membership in 2022. The board will continue efforts to expand the PIAC’s membership and increase the engagement of existing members, says Cheryl Shea, manager of pension assets at Canadian Pacific Railway Co. and a recently […]
Canadian pension funds are generating value by investing in green urban real estate using a two-pronged strategy, according to a paper on the Social Science Research Network. “Through this model of impact investing, Canadian pension funds create the value from the ground up and drive the sustainable development of large cities,” wrote authors Sebastien Betermier, […]
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 Healthcare of Ontario Pension Plan is exchanging a property portfolio for a stake in a new real estate investment trust. Under the terms of the deal, eight properties — which a recent appraisal valued at $800 million — were given by the HOOPP to the Toronto-based Primaris Management Inc. In exchange, the HOOPP received […]
The largest defined benefit pension plans in the U.S. saw average funded status improve by eight per cent in 2021, according to a new report by Willis Towers Watson. It found the country’s largest DB pension plans saw their average funded statuses reach 96 per cent last year, higher than at any point since 2007. […]
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 […]
As has been the case for the past couple of years, we’re ending 2021 with as many questions as answers. On the surface, economic conditions seem to be improving, at least in Canada. National unemployment dropped to six per cent in November, the economy began to grow again after some coronavirus pandemic restrictions eased and […]