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Factoring environmental, social and governance considerations into investment decisions is good risk management, according to one pension plan sponsor. “Definitely for real assets, we see it presenting risks, but also opportunities,” said Donna Mathieu, chief executive officer of NAV Canada Corp.’s pension plan, while speaking on a panel at the Canadian Pension and Benefits Institute’s 2018 […]

OTPP posts 3.2% return for first half of 2018 amid more volatile markets

The Ontario Teachers’ Pension Plan posted a net return of 3.2 per cent for the first half of 2018, adding $4.4 billion to the plan as of June 30, 2018. Speaking on a conference call on the mid-year result, Ron Mock, president and chief executive officer at the OTPP, called the first six months of […]

Investment outlook neutral entering later stage of business cycle, finds new report

Don’t expect most assets to blow the doors off in the later half of the year, according to the latest investment outlook from GLC Asset Management Group Ltd. The report recommends an overall neutral stance on markets going forward in 2018, calling for one per cent total returns for fixed income and single digits for equity price […]

  • By: Staff
  • July 9, 2018 September 13, 2019
  • 09:30
Purchasing Power and Currency Risk

It's all about purchasing power

The Canadian dollar has had its share of ups and downs over the past year or so. At the beginning of 2017, it sat at 74 cents U.S., rising to a recent high of 82 cents in September. Since then, it has fluctuated at around the 80-cent level, falling by a few cents throughout early […]

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The potential for opportunities in emerging markets.

LiUNA pension fund suing banks over alleged rigging of currency markets

The Laborers’ International Union of North America pension plan is suing a number of financial institutions for allegedly conspiring to fix prices within the foreign exchange market. The class action lawsuit alleges the defendants participated in manipulating the price of currency purchased in the foreign exchange market from at least as early as 2003 until 2013, according to a […]

Investors urged to consider active investment, multi-asset approach in 2018

Investors who are watching the Canadian equity market should prepare for a few more bumpy moments in 2018, according to Russell Investments Canada Ltd.’s 2018 global market outlook. While the firm’s strategists anticipate Canada will avoid a recession, investors will be keenly watching for the signs of one. Equities may have more room to grow in the first half of […]

  • By: Staff
  • December 6, 2017 September 13, 2019
  • 16:00
How is the Canadian dollar’s rise affecting pension plans?

The Canadian dollar has risen dramatically since the beginning of May, which could have harsh implications for overseas assets held by Canadian pension funds. “Given the low price of oil and low Canadian interest rates, I don’t think there was necessarily a perception that the loonie was headed significantly stronger in 2017, so I would […]

The Space Between

Minding the gap between your long- and short-term focus.