DB pension – Benefits Canada.com

UTAM naming Chuck O’Reilly as new president, CIO

Gideon Scanlon — Tue, 06 Jul 2021 19:00:30 +0000

The University of Toronto Asset Management Corp. is appointing Chuck O’Reilly as its next president and chief investment officer. O’Reilly, the UTAM’s senior portfolio manager and head of public equities, is replacing Daren Smith, who held both roles at the $13-billion pension, assets and endowment fund since 2016. Prior to joining the UTAM in 2011, […]

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DB pensions staring down paltry bond returns heading into 2021

mschmit — Wed, 16 Dec 2020 05:35:02 +0000

Central banks slowing their quantitative easing policies and economic improvements off the back of wide-scale vaccination efforts should both provide bond yields with a modest boost in 2021. But that won’t give defined benefit pension plan sponsors much relief. “You hear the phrase ‘low for long’ and I would agree we’re in an extended period […]

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IMCO releases 2018 annual report, investment results to be announced by clients

mschmit — Fri, 03 May 2019 03:38:12 +0000

After starting to manage assets for its first two clients in July 2017, the Investment Management Corp. of Ontario has released its 2018 annual report, but investment results will be announced by its clients this year. Currently, the IMCO manages $26 billion in net assets for the Ontario Pension Board and $34 billion for the […]

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Impending Changes to Ontario Pension Benefits Act

mschmit — Tue, 06 Mar 2018 04:19:40 +0000

2018 to be a significant year for pension reform in Ontario.

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