illiquidity – Benefits Canada.com

How institutional investors can unsmooth illiquid returns

mschmit — Tue, 27 Oct 2020 08:32:09 +0000

As institutional investors increase allocations to alternative investments, it becomes increasingly challenging to understand risk. A new paper, co-authored by Spencer Couts, assistant professor of real estate at the University of Southern California; Andrei S. Goncalves, an assistant professor of finance at the University of North Carolina; and Andrea Rossi, an assistant professor of finance […]

The post How institutional investors can unsmooth illiquid returns appeared first on Benefits Canada.com.

New research finds asset owners largely satisfied with pandemic performance

mschmit — Tue, 18 Aug 2020 03:43:58 +0000

The vast majority of investors (82 per cent) are satisfied with how their portfolios performed in the first half of 2020, despite some weak results in strategies such as emerging market debt and smart beta, according to a new study of 368 investors with combined assets of approximately US$11 trillion. Following the quickest equity market […]

The post New research finds asset owners largely satisfied with pandemic performance appeared first on Benefits Canada.com.

A look at private equity investing in DC plans

mschmit — Wed, 12 Aug 2020 05:48:12 +0000

Much debate remains about whether private equity is an appropriate option for members of capital accumulation plans. Canada’s neighbours to the south have been examining the potential legal pitfalls of these allocations. A recent information letter from the U.S. department of labor set forth a framework plan sponsors can use to consider the prudence of […]

The post A look at private equity investing in DC plans appeared first on Benefits Canada.com.

Commercial litigation finance demand fuelled by coronavirus

mschmit — Thu, 28 May 2020 03:16:39 +0000

In legal circles, it has always been thought that crises breed litigation. And while that appears to be the case in the current crisis, it may not have been the case in the global financial crisis of 2008/9, as pointed out in a recent article by Eric Blinderman, the chief executive officer for the U.S. […]

The post Commercial litigation finance demand fuelled by coronavirus appeared first on Benefits Canada.com.

Coronavirus, capital calls and liquidity in private market investments

mschmit — Tue, 31 Mar 2020 09:12:45 +0000

In the current market environment, liquidity is top of mind for pension plans, says Jason Campbell, principal at Eckler Ltd. For example, despite a company’s potential work stoppages, it’s still responsible for benefit payments, as well as paying capital calls on investments as they come due. Some firms in the private markets space are trying […]

The post Coronavirus, capital calls and liquidity in private market investments appeared first on Benefits Canada.com.

Investment themes to watch in 2019

mschmit — Fri, 21 Dec 2018 10:27:33 +0000

With the new year almost here, there are some interdependent themes investors should watch, such as central banks tightening policy, trade tensions and an increased focus on sustainability according to Mercer’s most recent paper on themes and opportunities for 2019. Chance of ‘white water’ turbulence There is evidence that credit is overextended, the paper said, […]

The post Investment themes to watch in 2019 appeared first on Benefits Canada.com.

OPTrust puts pension certainty first

mschmit — Tue, 13 Mar 2018 09:58:53 +0000

CIO James Davis on how his pension fund has changed.

The post OPTrust puts pension certainty first appeared first on Benefits Canada.com.

Bond ETFs: When liquidity isn’t an infinite resource

mschmit — Wed, 20 May 2015 14:49:38 +0000

Greenwich Associates finds large institutional investors turning to bond ETFs in greater numbers.

The post Bond ETFs: When liquidity isn’t an infinite resource appeared first on Benefits Canada.com.