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 […]
A Canadian charitable initiative is criticizing the Canada Pension Plan Investment Board’s new environmental investing strategy. “It’s encouraging to see that the CPPIB wants to invest in critical decarbonization pathways for hard-to-abate sectors,” wrote Patrick DeRochie (pictured), senior manager at Shift Action for Pension Wealth and Planet Health, in an email to the Canadian Investment Review. “But the CPP […]
In November, leading public intellectuals, pension leaders and investment experts joined delegates at the Canadian Investment Review‘s 2021 Investment Innovation Conference at the Pillar and Post Inn and Spa in Niagara-on-the-Lake, Ont. During their presentations, the event’s speakers touched on a veritable smorgasbord of topics relevant to defined benefit pension plan sponsors. Despite the breadth […]
Asset managers that incorporate climate change into their investment processes are increasingly looking beyond commitments to net zero and exploring the impact on asset valuation, said Michelle Dunstan, chief responsibility officer at AllianceBernstein, during a session at the Canadian Investment Review‘s 2021 Investment Innovation Conference. “A changing climate can be described both in terms of […]
“Inflation is here and it has a meaningful impact on portfolios and financial assets,” said Ilan Kolet, an institutional portfolio manager at Fidelity Investments Inc., during a session at the Canadian Investment Review‘s 2021 Investment Innovation Conference. “I don’t think this will be a shock to anyone in the room or online.” Highlighting the most […]
Pension plan sponsors pay too much attention to predictions and not enough to demographic data, according to Darrell Bricker, chief executive officer of Ipsos Public Affairs and a senior fellow at the Munk School of Global Affairs and Policy. “Demographics . . . is like a glacier,” he said during a session at the Canadian Investment […]
With interest rates trending downward over several decades, liability-driven investing has proven to be a successful strategy for the Canadian Broadcasting Corp. Pension Plan. The maturity of the plan — which currently sits at $8 billion and has an active membership of 38 per cent — drove many of the decisions around adopting the LDI […]
The coronavirus pandemic will leave an indelible mark on the way businesses operate, said Gary Timlick, chair of the investment committee at the Winnipeg Civic Employees’ Benefits Program, during a panel session on the long-term impact of the pandemic on commercial real estate at the Canadian Investment Review’s 2021 Investment Innovation Conference. “There will be opportunities […]
Once again, the end of year is near. Besides the extraordinary presence of vaccines and the movements in public health restrictions across the country, most Canadians are likely experiencing a significant déjà vu of late 2020. But despite a rather stagnant 2021, this year’s December issue heralds several promising signposts for the year ahead. We […]
At the 2021 Defined Contribution Plan Summit, which was hosted virtually on Oct. 6, delegates heard about several pressing issues facing DC plan sponsors and members, including an ageing demographic, decumulation, education around investment options and required legislative updates. Here’s what you missed: CPP/QPP delay a simple solution to improving retirement readiness Using DC investments […]