Institutional investors in Asia and Europe are at the forefront of adopting environmental, social and governance investment strategies, while North America lags behind, according to a survey by Coalition Greenwich. Globally, the survey found 75 per cent of investors incorporate ESG strategies, with Europe leading at 92 per cent followed by Asia at 76 per […]
Ontario-based defined benefit pension plans returned, on average, 0.7 per cent on their investments in the second quarter of 2023, according to a new report by the Financial Services Regulatory Authority of Ontario. It found the positive return contributed to a small increase in the median projected solvency ratio, which increased to 116 per cent. […]
The Ontario Teachers’ Pension Plan is reporting a total fund net return of 1.9 per cent for the six-month period ended June 30, 2023. The 12-month total fund net return was 4.8 per cent while net assets increased to $249.8 billion, according to a press release, which noted the five- and 10-year annualized total fund […]
More than half of U.K. defined benefit pension plan sponsors say they’d consider ways of securing benefits for their members beyond insurance-based solutions, according to a new survey by Aon. The survey, conducted during a recent webinar among 330 pension plan sponsors and trustees, asked which long-term strategy options they’d consider for their DB plan. Nearly two-thirds […]
The Canada Pension Plan Investment Board returned negative 0.8 per cent during the first quarter of fiscal 2024, according to its latest quarterly report. By June 30, 2023, the investment organization’s net assets reached $575 billion, compared to $570 billion at the end of fiscal 2023. The report noted a net loss of $5 billion […]
Canadian defined benefit pension plans generated a median return of 1.19 per cent in the second quarter of 2023, according to the BNY Mellon Canadian asset strategy view universe. The universe, which is based on $300.1 billion worth of investment assets in Canadian DB plans, found the one-year median return at June 30, 2023 was 10.05 per cent, while the […]
A new study looking at the implications of scale in defined benefit pension plans found size is key for several trends over time, including investment mandates, asset allocation and cost in returns. The research, ‘Scale Economies, Bargaining Power and Investment Performance: Evidence from Pension Plans‘ was recently awarded first prize in the International Centre for […]
The average Canadian defined benefit pension plan posted returns of 0.8 per cent in the second quarter of 2023, according to RBC Investor and Treasury Services’ universe. Foreign equities emerged as the top performing asset class, boasting a median return of 2.9 per cent. In comparison, the MSCI world index returned 4.5 per cent, primarily […]
Manitoba’s Teachers’ Retirement Allowances Fund returned negative 0.42 per cent in 2022, exceeding its benchmark return of negative 5.04 per cent. “While we are pleased with these short-term results, our longer-term results are equally favourable,” said Jeff Norton, the TRAF’s president and chief executive officer, in its annual report. “Over the past 20 years to […]
While nearly half (49 per cent) of global institutional investors and wealth managers have reduced their investment levels in digital assets in the past 12 months, three-quarters (74 per cent) plan to increase their allocations in the year ahead, with 18 per cent saying they’ll dramatically increase investment levels, according to a new survey by London-based […]