During the global financial crisis, the Alaska Permanent Fund Corp. implemented a new governance report to bring together all elements of its investment portfolio and communicate risk to the board, says Max Giolitti, the fund’s former head of asset allocation and risk, and current chief risk officer at Verus Investments. The work began by educating […]
Communication can be a challenge for pension plan sponsors and trustees when trying to remain focused on the long term, said Matthew Leatherman, director at FCLTGlobal, during a webinar hosted by the Canadian Investment Review on Friday. “Trustee directors need risk information in order to fully govern and oversee their organization in a long-term manner. […]
As private markets continue to make up a large portion of pension plans’ portfolios, they can’t ignore the risk management of these assets. One issue to consider is implementation, said Nalaka De Silva, head of private markets solutions at Aberdeen Standard Investments Inc., during a session at the Canadian Investment Review’s Plan Sponsor Exchange conference […]
In 2016, when Bert Clark became the Investment Management Corp. of Ontario’s first president and chief executive officer, he was tasked with building the organization from scratch. Like a startup, he had the opportunity to begin from square one, free of legacy systems. “I think one of the advantages we have is that we’re 25 […]
The Canadian Association of Pension Supervisory Authorities has released an update on pension plans using leverage. “What makes it of particular interest to pension regulators now, is that it is being used more commonly and more intensively by pension plans, principally as a component of investment strategies aimed at achieving better asset-liability matching (through higher […]
Last year was a strong year for the Canadian annuity market and the start of 2019 is looking promising as well, said Marie Desrochers, director of client relationships and defined benefit solutions at Sun Life Financial, speaking at a CI Institutional Investment Management event this week. While official year-end numbers aren’t out for 2018, Sun […]
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