Sector bets have proven to be an inconsistent source of alpha; Pyramis Global Advisors
Stuart Waugh discusses private equity at Alternative Investment Conference
2010 Toronto Currency Management Forum hosted by Global Pensions.
Newer VaR models allow estimated portfolio volatility to change according to market conditions.
Micro evaluation offers a more intuitive estimation of VaR than modeling.
It’s never wise to carry all your eggs in one basket. The Canadian Retirement Income Security System seems to have grasped this truth and armed Canadians with an assortment of private and public pensions. At a recent seminar held in Geneva by the International Social Security Association (ISSA)—in conjunction with the Social Security Department of […]
Other Brieflies this week:| MON | TUE | WED | THU | FRI | Canada’s economy contracted at an annual pace of 3.4% in the fourth quarter of 2008—its worst performance since 1991—due to the global recession, according to Statistics Canada. Canadian exports fell 4.7% for the sixth consecutive quarter, while imports were down 6.4%. […]
In addition to the myriad crises witnessed over the past 13 months, 2008 now has the dubious distinction of being the worst year on record for Canadian pension plans, as assets dropped 7% in the fourth quarter alone, according to RBC Dexia Investor Services. The Q4 fall added the finishing touch to a 15.9% decline […]
Other Brieflies this week:| MON | TUE | WED | THU | FRI | Morneau Sobeco released the results of its Performance Universe of Pension Managers’ Pooled Funds for the fourth quarter of 2008. According to the report, in the fourth quarter of 2008, diversified pooled fund managers posted a median return of -8.3% before […]
Other World Views this week:| MON | TUE | WED | THU | FRI | The United States economy fell into recession last year, according to the National Bureau of Economic Research. Its Business Cycle Dating Committee determined that a peak in economic activity occurred in the U.S. economy in December 2007. “The peak marks […]