In a difficult economic environment, Canadian pension plan sponsors are willing to sacrifice higher returns for stability. The U.S. credit crunch and resulting market uncertainty is taking its toll on pension plans. A recent global poll conducted by SEI indicates that the majority of Canadian plan sponsors favour controlling volatility over increasing returns. In fact, […]
With the noteholder vote just days away, Purdy Crawford, chair of the Pan-Canadian Investors Committee, answered questions on the proposed restructuring of the Canadian third-party structured asset-backed commercial paper (ABCP) at a Toronto CFA Society luncheon Tuesday. Francesca Guolo, partner at Goodmans LLP and Andrew Kresse, managing director, global structured solutions, with JPMorgan Securities, rounded […]
Looking at the performance of global property investments, it really is all about location, location. A recent breakfast seminar in Toronto, hosted by ABN AMRO Asset Management and presented by Nancy Holland, global head of property, examined the past performance of global property and offered an outlook for the future. The presentation showed that performance […]
Take shelter from the storm, but also take heart, was the message delivered by Avery Shenfeld, managing director and senior economist with CIBC World Markets, at a lunch seminar sponsored by CIBC Mellon on Wednesday. Although fears persist about a recession in the U.S., the global economic outlook isn’t so grim. Emerging markets such as […]
Is the credit crunch just a bump in the road or a serious hazard precipitating a long-term crash? A St. Andrew’s Day Celebration event, hosted by Baillie Gifford at the Sutton Place Hotel in Toronto on Nov. 27, 2007, examined possible future outcomes of the ongoing liquidity crisis. Ken Barker, Investment Manager with Baillie Gifford, […]