Investors are putting risk at the centre of their asset allocation decisions — and that’s good news. The trouble is, the risk models they’re using aren’t up to the task. So says Sebastien Page, head of global multi-asset at T. Rowe Price Group Inc. Despite shortcomings with the current models, he believes there are solutions to help investors […]
Anyone surprised about U.S. President Donald Trump’s reaction to the events in Charlottesville over the weekend should keep one thing in mind: when it comes to history, Trump sees a blank slate. This, according to David Frum, senior editor at The Atlantic and keynote speaker at the Canadian Investment Review‘s 2017 Risk Management Conference, currently underway […]
China’s stock market took a huge step forward this month as U.S. index provider MSCI announced it would add A-shares (mainland Chinese shares) to its emerging-market index. The presence of Chinese stocks in the key index will bring China’s traditionally closed market to investors around the world. What does the move mean for the index? […]
From thematic investing to the creation of a new long-term value creation global index, the Canada Pension Plan Investment Board has been using its considerable $264.6 billion heft to help foster long-termism in global capital markets. Benefits Canada‘s companion site, Canadian Investment Review, talked to Poul Winslow, managing director, head of thematic investing and external […]
On Jan. 1, 2016, an amendment to Ontario’s Pension Benefits Act came into effect requiring pension plans to disclose whether they incorporate environmental, social and governance factors in their statement of investment policies and procedures. Although such requirements are new in Canada, they’ve long existed in Europe: in 2000 for British and Swedish pension funds; […]
As part of a new series of interviews in Benefits Canada‘s companion publication, the Canadian Investment Review, Caroline Cakebread sat down with the OPSEU pension plan’s chief investment officer James Davis to ask five key questions about what the fund is working on right now and what big risks are facing investors today. The questions […]
Global economic growth is on the rise despite market jitters over rising political risk, according to the most recent outlook from Alliance Bernstein. As the data indicate, the global economy is in the midst of a “cyclical renaissance” marked by factors such as the global manufacturing purchasing managers’ index (PMI), which has reached its highest level […]
Canadian institutional investors are expanding the use of exchange-traded funds in their portfolios, using them for risk, liquidity and volatility management, according to a new report by Greenwich Associates. The report found 58 per cent of Canadian institutional investors use ETFs strategically, with 63 per cent saying their ETFs have holding periods of one year […]
I recently sat down with Jim Keohane, president and chief executive officer of the $63.9-billion Healthcare of Ontario Pension Plan to ask him five questions about how pension funds are investing and the risks he sees evolving in the marketplace. The questions were: Is real estate a good substitute for fixed income for pension funds? […]
The baseline prognosis for global real GDP growth in 2017 remains in the 2.5 to three per cent range, according to a new asset allocation outlook from PIMCO. However, its chief investment officer, Mihir P. Worah, says inflation in developed markets will pick up. He also outlined four key trends investors should keep an eye […]