The Canada Pension Plan Investment Board is bracing for headwinds in the event of a recession, but says a wide range of investments makes it well-positioned for uncertain economic conditions. The CPPIB reported Wednesday it earned a net return of 1.3 per cent in its latest fiscal year as inflation and rising interest rates weighed on both […]
U.S. defined benefit pension plans posted net returns of 4.47 per cent in the first quarter of 2023, according to a report from Investment Metrics plan universe. The performance was led by allocations to public equities, which generated 6.47 per cent during the quarter. Fixed income allocations also performed well, rising 2.93 per cent. Alternative […]
As Canada’s largest residential real estate investment trusts drive up the country’s rental property prices through evictions and renovations, these moves highlight institutional investors’ human rights obligations, according to a new article by the Shareholder Association for Research and Education. In the article, the SHARE said Canada’s residential REITs capitalize on tenant turnover and suite […]
The median solvency ratio of Ontario defined benefit pension plans rose during the first quarter of 2023, from 112 per cent at the beginning of the year to 115 per cent at the end of March, according to the Financial Services Regulatory Authority of Ontario’s latest pension solvency report. During the quarter, pension fund investment returns averaged […]
A typical Canadian defined benefit pension plan’s funded position improved on a solvency basis and decreased on an accounting basis in April as a result of the strong performance of domestic equities and decreases in bond yields, according to a new report by Telus Health. During the month, the solvency of the typical Canadian DB […]
The majority (61 per cent) of global institutional investors are considering increasing their allocations to exchange-traded funds in the next year, down significantly from 82 per cent in 2022, according to a survey by Brown Brothers Harriman & Co., a private investment bank. The survey, which polled 325 global institutional investors, including institutional investors and […]
Canadian defined benefit pension plans generated a median return of four per cent in the first quarter of 2023, up from 3.8 per cent in the fourth quarter of 2022, according to the RBC Investor and Treasury Services’ universe. The most substantial increase among asset classes was foreign equities, which returned 6.9 per cent for […]
Most institutional investors say they’ve increased their reliance on content from social media in the investment decision-making process after adopting hybrid working environments, according to a new survey from Coalition Greenwich and commissioned by LinkedIn. The survey, which polled 232 senior investment professionals at pension funds, insurance companies, endowments, foundations and family offices in the […]
The average Canadian pension plan’s funded ratio reached 120 per cent as of March 31, 2023, up one per cent over the quarter, while the average going-concern solvency ratio was 111 per cent, up four per cent, according to a new report by Normandin Beaudry. The report attributed these increases to the strong performance of financial […]
The funded position of a typical Canadian defined benefit pension plan improved on a solvency and accounting basis in March, according to a new report by Telus Health. During the month, the solvency of the typical Canadian DB plan rose by 0.4 per cent, finishing at 101.7 per cent of its value at the start […]