Annual Canadian Employee Benefits Conference Relocates from San Diego to Canada
The event, hosted by the International Foundation of Employee Benefit Plans, is moved amidst tensions between the US and Canada.
News
University of Utah Selects Cynosure as OCIO for $1.8B Endowment
The Salt Lake City-based fiduciary manager was selected from 50 potential service providers.
48 Hours of Market Turmoil Lop Nearly 6 Points off Canadian DB Funded Ratios
In the two days after the U.S. announced new tariffs, the plans lost almost their entire C$18.4 billion surplus.
Corporate Pension Funding Ratios Continued to Decline in March
Equity markets extended their fall, outpacing the decline in the value of plan liabilities.
IMCO Returned 9.9% in 2024
The Ontario investor’s assets grew to $62 billion at the end of the year.
Endowments Face Liquidity Crunch Amid Market Pullback, Funding Cuts
Universities with large allocations to private markets are borrowing in the bond market to address funding issues, as private equity capital calls can compete with research funding for liquidity.
Largest Public Pension Funds Lost $169B During Tariff Rollout
State and local pension funds lost the amount from April 3 through April 8 and have lost $249 billion in equities this year, per Equable.
Nomination Period Still Open for CIO Industry Innovation Awards
CIO is asking for your help in identifying asset owners driving innovation in institutional investing.
Rebecca Carland Named CIO of Knight Foundation
The former Walton family office director will play a role in bringing the endowment’s investment management in house.
Alabama Senator Reintroduces Bill Reversing DOL Retirement Plan Crypto Warning
Tuberville’s Financial Freedom Act would reverse the 2022 guidance against including cryptocurrency investments in 401(k) accounts.
US Recession Fears Reappear in Economic Forecasts
Following tariff announcements, forecasts are becoming increasingly bleak.
The Sectors Strategists Say Will Do Well, Poorly in a Trade War
Cars, tech and retail are expected to be hit hard, but health care is likely a safe haven.
Cybercriminals Attack Major Australian Super Funds
AustralianSuper reported 600 members’ passwords were stolen and money was taken from four accounts.
AIMCo Achieves 12.3% Return in 2024
The Alberta pension manager, with assets rising to $127.7 billion by the end of the year, endured a leadership change forced by the provincial government last November.