The second quarter of 2022 proved difficult for Bâtirente’s diversified funds, according to the organization’s investment strategy manager. “As was the case in the first quarter, Bâtirente’s diversified funds experienced a difficult second quarter performance . . . [with losses correlating with] their risk profile,” said Jean-François Dumais, in a press release. The five diversified […]
The projected solvency ratio of Ontario’s defined benefit pension plans declined in the second quarter of 2022, according to a new report by the Financial Services Regulatory Authority of Ontario. In its quarterly report, the FSRA found the median projected solvency ratio reached 110 per cent on June 30, 2022, down two per cent from […]
The median Canadian defined benefit pension plan’s investments declined 8.8 per cent during the second quarter of 2022, according to a new report by Northern Trust Canada. The report draws from the Northern Trust Canada universe, which tracks the performance of Canadian DB plans. It also found the median plan’s investments were down 14.5 per cent […]
Canada’s institutional investors saw assets decline by 4.61 per cent in the first quarter of 2022, according to the BNY Mellon Canadian master trust universe. With respect to non-traditional asset classes, real estate delivered the highest performance, with a quarterly median return of 4.65 per cent. Among traditional asset classes, Canadian equities performed best. During the […]
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 Alberta Investment Management Corp. saw returns of 1.7 per cent during the third quarter of 2021, according to its quarterly report. Between July and the end of September, the AIMCo saw the value of its assets rise from $123.4 billion to $130.1 billion, beating its benchmark of 0.9 per cent. On a year-to-date basis, the […]
Canadian pension plans saw returns averaging about 0.6 per cent in the third quarter of 2021, according to a new report by Northern Trust Canada. Despite the sluggish growth in the quarter, gains from the first half of the year have buoyed most Canadian pension plans. The report found the median plan had seen the […]
Increasing yield for long-term government bonds and a flat credit spread through the third quarter of 2021 are driving up defined benefit pension liabilities, according to a new report by Aon. In the third quarter of 2021, long-term Government of Canada bond yields increased by 14 basis points while credit spreads remained largely unchanged. According […]
The Canada Pension Plan Investment Board’s net assets passed the $500 billon mark after earning 3.5 per cent returns in its first quarter of 2021. The CPPIB announced its assets had grown from $497.2 billion to $519.6 billion during the quarter. In total, the organization generated $17.7 billion in income during the period, driving its […]
Canadian defined benefit pension plans returned 4.4 per cent in the second quarter of 2021, according to RBC Investor & Treasury Services’ latest all-plan universe. The report found average Canadian DB pension plan returns grew by 0.9 percentage points over the previous quarter, from 3.5 per cent to 4.4 per cent. It also noted the […]