The Canada Pension Plan Investment Board saw a net return of 0.6 per cent for the second fiscal quarter of 2019. With a total net assets of $368.3 billion as of Sept. 30, 2018, the fund added $1.7 billion during the quarter. “While returns were relatively flat in the second quarter, our teams performed well against our […]
The political congestion likely to stem from the United States’ midterm election results has equally mixed implications for equity markets, with Democrats taking a majority in the House of Representatives and Republicans making further gains in their majority in the Senate. “A split Congress may bring gridlock, but the stock market has historically fared well with divided […]
For the first time since the Financial Services Commission of Ontario began monitoring defined benefit pension solvency in 2009, the province’s DB plans posted a median solvency ratio above 100 per cent in the third quarter of 2018. As of Sept. 30, the solvency ratio reached 101 per cent, up from 97 per cent the previous quarter. […]
For nearly a decade, analysts have been considering where the next market downturn will come from and when it will strike. But with the Dow Jones Industrial Average’s 800-point drop on Oct. 10, 2018, some asset managers are wondering whether it’s already begun. Amid the uneasiness, Sun Life Global Investment Management is pointing to a number of clouds on […]
Factoring environmental, social and governance considerations into investment decisions is good risk management, according to one pension plan sponsor. “Definitely for real assets, we see it presenting risks, but also opportunities,” said Donna Mathieu, chief executive officer of NAV Canada Corp.’s pension plan, while speaking on a panel at the Canadian Pension and Benefits Institute’s 2018 […]
Broad examples of divergence, across many asset classes and geographies, could be an indicator that markets are headed for more turmoil than the surface appearance currently indicates, according to a strategy note from Unigestion. Divergence refers to a phenomenon when segments of financial markets that tend to move in sync begin to do the opposite. In […]
In February, the Canada Pension Plan Investment Board flipped the script on fixed income by issuing its own bonds rather than purchasing them. The move to issue one billion euros’ worth of 15-year bonds at a 1.5 per cent fixed annual coupon marked the second time it had released euro-denominated bonds. In June 2017, it […]
How to cut through the uncertainty.
The Nova Scotia Public Service Superannuation Plan achieved a return of 5.5 per cent, net of fees, for its 2017/18 fiscal year, according to its latest annual report. In dollar terms, the plan generated $343 million in total investment income, bringing the plan’s total net assets to $6.4 billion at March 31, 2018. During the last […]
New research shows it might be helpful for investors.