Canadian Pension’s ‘Pivotal Year’ Drives Substantial Progress for Its Alternative Strategies
Robust international portfolio delivered $9 billion in 2018.
Robust international portfolio delivered $9 billion in 2018.
CEO Machin expects the next few years to be ‘much more challenging’ for investments.
Tumbling equity markets in Q4 negated a strong first half.
Enhancement will increase benefits and contributions for working Canadians.
Pension board CEO says it will stay cool-headed amid Beijing’s threats over Canadian arrest of tech heiress.
Declining Canadian equities, weakness in energy stocks weigh down returns.
Funded ratio still rises as declining liabilities offset losses.
Pension says companies with diverse boards perform better financially.
Funded status of Canadian plans surges well above 100% in Q3.
America’s neighbor to the north has been sidelined on NAFTA talks, amid Trump-Trudeau acrimony.
Francis Blair will help PSP Investments debt division’s focus on distressed companies.
Public, private equity and inflation-linked assets bolster the Canadian pension plan.
Plan now stands at $278.9 billion.
Despite positive returns, nearly all asset classes fell short of their benchmarks.