Investments – Benefits Canada.com

Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023

Cassie Pastorfide — Wed, 18 Sep 2024 13:00:23 +0000

In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the end of 2022, according to a new report by WTW’s Thinking Ahead Institute. It found the top 20 largest global pension funds’ AUM increased by 12 per cent during the […]

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27% of U.S. DC pension plan sponsors say decumulation isn’t a topic of interest: survey – test

Cassie Pastorfide — Fri, 26 May 2023 19:11:07 +0000

While a third (34 per cent) of U.S. defined contribution pension plan sponsors say they’re studying decumulation solutions and another 15 per cent are in the process of evaluating or implementing one more than a quarter (27 per cent) say decumulation isn’t a topic of interest or need, according to a new survey by consultancies […]

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Expert panel: How DB pension plan sponsors can use surplus – test

Cassie Pastorfide — Tue, 16 May 2023 13:00:55 +0000

In 2022, the typical defined benefit pension plan achieved an investment return of roughly negative 12 per cent. However, due to dramatic increases in bond yields and a subsequent decrease in pension liabilities, many pension plans ended 2022 with the same — or better — solvency funded level that they had at the beginning of […]

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Testing dominic 4: 2022 IIC coverage: How the pandemic kickstarted an automation revolution

dominico — Wed, 11 Jan 2023 15:59:01 +0000

The robots of the near-future won’t replace people, but will free them to focus on what they do best — empathizing, communicating and innovating, said Ken Goldberg, professor of engineering at the University of California, Berkeley, during the keynote session at the Canadian Investment Review’s 2022 Investment Innovation Conference. “When [automated teller machines] first came […]

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CPPIB-backed fintech stock rebounds after disappointing IPO

Gideon Scanlon — Tue, 30 Nov 2021 14:00:10 +0000

Shares in a Canada Pension Plan Investment Board-backed financial technology company have rebounded following a disastrous first week on the Bombay Stock Exchange. In the four days that followed One97 Communication Ltd.’s Nov. 18 debut, its stock price dropped by more than 37 per cent. By Nov. 29, following the release of a third quarter report […]

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OMERS committing to net zero, UPP facing divestment calls from university staff

bwolfe — Mon, 29 Nov 2021 14:00:44 +0000

The Ontario Municipal Employees Retirement System is the latest pension plan to commit to net-zero greenhouse gas emissions across its total portfolio by 2050. In a press release, the OMERS said its path to net zero will be informed by the annual calculation and public disclosure of its total portfolio carbon footprint. The release also […]

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Tracking indirect GHG emissions vital for institutional investors, says expert

Gideon Scanlon — Fri, 26 Nov 2021 21:30:44 +0000

Institutional investors seeking to reduce their portfolios’ carbon footprint should pay more attention to scope 3 emissions, says Priti Skokeen, head of environmental, social and governance research and engagement at TD Asset Management Inc. “Typically, when investors engage issuers on climate change, the focus tends to be on industries traditionally understood as high emitting, for […]

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Debate about pension fund’s divesting due to ESG issues heats up in Oregon

mdunne — Fri, 26 Nov 2021 14:00:18 +0000

Oregon’s state employee retirement fund is coming under increased scrutiny as the U.S. state is facing increased calls for divestment from companies that have environmental, social and governance issues. Oregon residents are increasingly pushing for the state to divest from fossil fuel companies and other controversial investments, but the state treasury is resisting and putting […]

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Expert panel: Inflation risk — to hedge or not to hedge?

Gideon Scanlon — Thu, 25 Nov 2021 17:30:10 +0000

With October inflation hitting an 18-year high, inflation risk is back on the radar of plan sponsors providing inflation-linked defined benefit pensions. In the past, it’s been challenging to hedge inflation risk. Fortunately, more efficient solutions have emerged over the last several years. What is inflation risk? For a plan that provides inflation-linked benefits, inflation […]

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Caisse finances loan for mortgage provider, AIMCo enters joint venture to develop industrial site

Gideon Scanlon — Thu, 25 Nov 2021 16:45:24 +0000

The Caisse de dépôt et placement du Québec is financing part of a $400 million loan facility to a mortgage brokerage firm. The loan, co-financed by the Ares Management Corp, will support CrossCountry Mortgage, a lender operating throughout the U.S., as the business pursues an organic and inorganic expansion strategy. CrossCountry Mortgage currently operates out of […]

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