As a member of the Southern Africa Committee, a group that organized international pressure on South Africa’s apartheid regime, Joe Clark learned the value of keeping embassies open. “If you shut your embassy down, you’re taking away your own ears, your own vision,” said the former prime minister of Canada, speaking during the keynote session […]
King Midas’ gold-heavy investment portfolio wasn’t built for long-term growth, rather as an effective hedge against long-term inflation. “The 150-year real return of gold has been plus 0.2 per cent, so it’s not a very attractive asset from a long-term perspective,” said Inigo Fraser-Jenkins, co-head of institutional solutions at AllianceBernstein, during a session at the […]
Robust research on emerging trends can reveal much about future market opportunities, said Joe Faraday, director, international equities at Baillie Gifford, during his session. “I want for us all to be thinking about the growth waves – that’s the growth topic that really interests and excites us… Ultimately, it’s all about trying to ride growth […]
“We all know the basic premise — that assets with more risk should generally be compensated with higher returns. The more risk you take, the more return you should expect. The empirical reality is that isn’t really true,” said Treacy, an institutional portfolio manager at Fidelity Investments Inc., during his session. He argued that the […]
In recent years, Canada’s largest pension plans have dramatically increased their allocations to private assets — and smaller plans’ sponsors are taking note. “Investors are confronting capital market expectations for the next 10 or 20 years that look somewhat more modest than what we’ve recently experienced. Many are beginning to pursue larger allocations to private […]
Regulations on emerging decentralized finance technology have proven difficult to enforce, in part because, in the world of self-fulfilling digital contracts, it isn’t always clear which individuals should be held to account. During a session at the Canadian Investment Review‘s 2022 Global Investment Conference in April, Ryan Clements, assistant professor and chair in business law […]
Groups of people spending decades wandering through deserts may need at least 10 rules to survive, but in the rough-and-tumble world of alternative investing, you only need five. For small to mid-sized institutional investors, building a diversified and high-performing private market program requires the team to follow five basic tenets, said Tarik Serri, senior director […]
To divest or not to divest — that was the question posed by Catherine Ann Marshall, principal consultant at RealAlts Inc, in a panel discussion during the Canadian Investment Review‘s 2022 Global Investment Conference in April. “When it comes to the climate transition, there’s these two basic approaches,” she said. “On one hand, we talk […]
Michael Wissell, the Healthcare of Ontario Pension Plan’s recently appointed chief investment officer, is stewarding the $114.4-billion plan’s growth while preserving its historic drivers of success. This mandate isn’t a simple one. On one hand, the HOOPP boasts a solvency ratio of 120 per cent and uses a liability-driven investment model that helped its 10-year […]
The Canada Pension Plan Investment Board is one of 12 pension funds being targeted by calls to divest holdings in a KKR fund. The United Food and Commercial Workers International Union has published a website calling for pension plans to divest from the KKR’s Asian Fund III. The controversy around the fund relates to its […]