Globally, investor confidence was slightly up for the month of July, according to State Street’s Investor Confidence Index (ICI)—but North America wasn’t among the optimistic.
Canadian equities let pension funds down in Q2
With this comes the challenge of managing currency volatility in an uncertain environment of global macro risks. So what is the best approach to managing currency risk?
Investors should know many a fund has broken the buck in the past.
In a world where markets turn on a dime, the underlying economic fundamentals are often shoved to the side. “Diamonds are forever,” noted Avery Shenfeld, senior economist with CIBC World Markets, in an economist panel at the Benefits Canada Benefits & Pension Summit. “But when it comes to global economies, nothing else is really forever.”
An observation that may be made about the current economic condition is that it is penalizing savers in favour of spenders. Pension plans in particular, which represent the interests of long-term savers in many jurisdictions, are adversely affected by these conditions. Not the least of this impact is due to challenges from low interest rates.
At the 2012 Risk Conference, Jeff Scott talks about why diversification is no longer enough.
The 2012 Risk Management Conference (August 21-23 in Muskoka, Ontario) will see the return of Jeffrey Scott, the former chief investment officer at Alaska Permanent Fund who first presented at our Global Investment Conference in 2011.
In my previous article, I presented a three-step framework that can help us assess which alternatives to include in a pension plan and how much to invest in each.
Some investments thrive on shocks says Black Swan author.