One step forward, two steps back. That phrase seems to sum up 2011 for Canada’s Top 40 money managers. On the DB side, plan sponsors enjoyed improved returns but remain shackled as historic lows in interest rates exacerbate deficits.
The non-stop rollercoaster ride of 2011 has done little to erode the undying optimism of Canadian money managers who are betting on 2012 being a good year for investment returns.
We asked four plan sponsors for their views on the investment management industry. Here’s what they had to say.
While volatility is an ordinary, and expected, part of financial markets, its latest incarnation has been extraordinary.
For many plan sponsors, there is no time like the present to assess how they are directing their efforts—especially when it comes to fees and performance. These aspects of plan management have always been on the minds of plan sponsors. However, the Great Recession, which took a severe toll on DB and DC assets, has […]
In his book, Proofiness, Charles Seife quotes a 2007 survey conducted by the Centers for Disease Control that found an American male, on average, has sex with seven women in his lifetime while an American female has sex with four men in her lifetime. Seife claims this finding is ridiculous, given there are roughly the […]
And why we need better disclosure.
Last year, Canada’s Top 40 money managers clocked substantial gains that pushed them back into positive territory in the wake of one of the worst financial crises in a century. This year, the growth story continues with a collective gain of 8% and total assets under management moving up to $526.4 billion. But while managers […]
What would CIC look like without external managers?
RBC Dexia Investor Services took three honours at the 2010 International Custody and Fund Administration (ICFA) European Awards, presented at a gala dinner in London on November 23, 2010. The awards, presented annually by London-based ICFA Magazine, honour individuals and organizations in the asset servicing industry operating both in Europe and globally, in 29 award […]