Dr. Damian Handzy admits he’s a skeptic. The chair and CEO of Investor Analytics, speaking yesterday at the Pension & Benefits Summit in Toronto, said skepticism is an overall approach that requires information to be well supported by evidence. But what has this got to do with pension risk? With risk analytics, Handzy said, you […]
For the last 10 years, taking risk did not pay off for DB plans, said Leo de Bever, CEO and chief investment officer of Alberta Investment Management Corp. (AIMCo), speaking today at The Conference Board of Canada’s 2011 Summit on the Future of Pensions: Rebuilding Pensions, Rethinking Retirement in Toronto. DB is an efficient system, […]
Speaking at the recent Foundation, Endowment & Not For Profit Investment Summit, Sheila Norman, a portfolio manager with CGOV Asset Management, and president of the GGOV Foundation, addressed the topic of managing risk. While Norman spoke specifically about endowment funds, many of the risks she outlined are the same faced by pension plan administrators: not […]
Defined benefit (DB) pension plan sponsors are taking a closer look at risk in their plans, and according to a new survey from Mercer, are moving away from traditional investment strategies. What is your plan doing? Have your say and take our poll. More than 190 Canadian DB plans participated in Mercer’s 2010 Asset Allocation […]
Coverage of the 2010 Investment Innovation Conference.
Foreign exchange markets once again face uncertain times. Heightened exchange rate volatility is driving increasing interest on the part of institutional investors in currency hedging strategies focused on mitigating the impact currency fluctuations have on investment returns. The integration of robust and efficient currency hedging tools and policies are a vital component of the investment […]
(Canadian Investment Review) – Professor Edward Kane, keynote speaker at this year’s Investment Innovation Conference in Phoenix, Arizona, discussed the “taxpayer put” in the U.S. and Europe and the expectation that citizens will pay to fix a poorly regulated financial system. Kane is professor of finance at Boston College and a founding member of the […]
In the wake of the financial crisis, few would debate that defined benefit (DB) pension plans have become a major financial management issue for plan sponsors. With long-term interest rates at their lowest levels in more than 50 years and equity markets 25% below their previous highs, sponsors are again facing their “perfect financial storm.” […]
Maybe Elvis Presley’s line “a little less conversation, a little more action please” can help inspire the retirement savings industry to ask themselves, “How can retirement savings be delivered more effectively for the average working Canadian?” Is DB down for the count? In the single-employer private sector market, the traditional retirement savings plan—the defined benefit […]
