Alongside a potential recession and lower global economic growth looming in 2023, defined benefit pension plan sponsors have several tools to minimize the impact of rising inflation, said Eric Menzer, senior portfolio manager and global head of outsourced chief investment officer and fiduciary solutions and multi-asset solutions at Manulife Investment Management, during a session at […]
The climate crisis puts the security of workers’ retirements at stake, said Patrick DeRochie, senior manager at Shift Action for Pension Wealth and Planet Health, during a session at the Canadian Investment Review‘s 2022 Risk Management Conference. Pension plan sponsors’ investment decisions and their ability to achieve adequate returns for their members depends on a […]
As institutional investors increasingly turn to private markets in their investment strategies, a holistic approach is required to understand the opportunity set and optimize exposure, said Darren Spencer, director and client portfolio manager of alternative investments at Russell Investments, during a session at the Canadian Investment Review‘s 2022 Risk Management Conference. Over the last 20 […]
While publicly traded real estate investment trusts have been impacted by rising interest rates, the extent of the impact varies from market to market, said Corrado Russo, managing partner and head of global securities at Hazelview Investments, during a session at the Canadian Investment Review‘s 2022 Risk Management Conference. “It’s not shocking to see those [markets] that […]
With market volatility increasing amid the convergence of multiple global events, institutional investors can turn to multi-asset credit to provide attractive levels of income and diversification as well as reposition their existing asset mix or risk budget, said Blair Reid, partner and senior portfolio manager for multi-asset at BlueBay Asset Management, part of RBC Global […]
The use of a four-state probability model can more accurately predict stock market phases and improve investment and risk management decisions, said Tom McCurdy, professor of finance and Bonham chair in international finance at the University of Toronto’s Rotman School of Management, during the Canadian Investment Review’s 2022 Risk Management Conference. The proposed model incorporates […]
Risk misperception is inherent in humans and has been since stone-aged men and women first roamed the earth, said Dan Gardner, a senior fellow at the University of Ottawa’s Graduate School of Public and International Affairs, during the Canadian Investment Review’s 2022 Risk Management Conference. People possess two systems that help them make decisions, he […]
For years prior to the Russia-Ukraine war, there were murmurs about deglobalization as geostrategic tensions grew, nationalism flared worldwide and the coronavirus pandemic stressed global supply chains, said Seth Weingram, senior vice-president and director of client advisory at Acadian Asset Management, during the Canadian Investment Review’s 2022 Risk Management Conference. Since the invasion, that discussion […]
The Association of Canadian Pension Management is cautioning the Canadian Association of Pension Supervisory Authorities on its revisions to guidelines for capital accumulation plans. The draft guidelines could “change the balance of the existing guidelines in a manner that will give many employers pause about starting or continuing CAP plans that are not defined contribution […]
While one expert says the two approaches work most effectively together, the other highlights the importance of complete divestment. Adam Scott, director at Shift Action for Pension Wealth and Planet Health: The common framing of engagement versus divestment is a false dichotomy. They aren’t mutually exclusive approaches — both are essential tools for pension managers, […]