1. CANDY 1. Your life is made up of back-to-back high-stakes meetings. Lunch is for wimps. You’ve got to work! 2. SANDWICH 2. When you’re hungry, you literally can’t think. You like to prepare your lunch and eat healthy. 3. SUPPLEMENTS 3. You practically live at the office. You’ve managed to save a lot of […]
If you want something done right, do it yourself. This cliché rings true for more and more pension funds worldwide. Looking to save on investment fees, they’re managing ever-larger chunks of their assets in-house. Last year, 81% of pension funds around the world said they plan to increase the portion of assets they run internally […]
Despite Fed's rate hike, Canada’s pension plans still face low bond returns,
The U.S. Federal Reserve’s recent 25-basis-point rate hike—the first one since the 2008 meltdown—won’t affect the funded status of Canadian defined benefit pension plans, experts argue. But, they note, the uptick in this short-term rate might encourage these investors to drop some of their American allocations and buy more global assets. Still a low-yield environment […]
What’s the safest place to have a heart attack? The back of a Canadian cab — because the driver is likely a foreign-born doctor. A friend told me this joke when I moved to Canada almost three years ago. Too bad it isn’t funny. Many skilled immigrants who land in Canada struggle to find jobs […]
Canada’s ten largest public pension funds saw their assets under management triple between 2003 and 2014. But some economists worry that these mega players aren’t fully prepared for the future because they’re ignoring a major risk: climate change. The pension funds saw their total assets under management jump from $385 billion in 2003 to more […]
If a Buddhist monk moved out into the secular world, he’d be leading a life similar to the one Mr. Money Moustache (MMM) leads. Now in his early 40s, this Canadian retired about 10 years ago by using his own form of extreme frugality. He saved at least 50% of his take-home pay and invested […]
The past two years—rather than the 1990s or early 2000s—will go down in history as the time when the Internet finally started disrupting the asset management industry. No, really. The industry is 20 years late. When it comes to tracking portfolio performance and making investment decisions, at least some players in finance—including institutional investors and […]
When a colleague rushes into the office every morning, she never says hello—even though she walks right by you. You ask a question during a meeting and a co-worker follows up his eye roll with a terse response. You write a well-researched report, but your manager’s blunt feedback focuses solely on the two minor mistakes. […]
The word Gazprom can literally send shivers down Europeans’ spines. In January 2009, during a freezing winter, Gazprom cut gas supplies to Eastern Europe for two weeks due to a row with Ukraine, the transit country.