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.
Pensions
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.
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.
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.
Qantas Super, ART Make Merger Official
The tie-up is expected to provide lower fees to members of the new Qantas Group Super Plan in ART.
NYC Comptroller Brad Lander Takes Aim at Elon Musk’s Political Ventures
New York City’s comptroller, whose office oversees five pension funds, is pursuing securities litigation against the Tesla board of directors over its alleged failure to provide oversight over Musk.
CalPERS, CalSTRS to Host Emerging, Diverse Managers Conference
The two-day forum will be held in Sacramento in May.
Mergers Continue Across Australian Supers
Mine Super and TWUSUPER tie-up official; CareSuper to combine with meat industry fund.
Public Equities Lead Healthcare of Ontario Pension Plan’s 9.7% Return in 2024
HOOPP ended 2024 with a funded ratio of 111%, its 15th straight year with more assets than liabilities.
Ontario Teachers’ Nets 9.4% Return, Assets Grow to $185.5B
The fund touted strong returns across equities, credit and inflation-sensitive assets.
Broad PRT Market Growth Continued in 2024
LIMRA reported single-premium pension risk transfer sales hit $51.8 billion last year.
CIO Interview Series: Jonathan Grabel, CIO, LACERA
Jonathan Grabel, CIO of the Los Angeles County Employees Retirement Association, spoke with CIO as a part of the 2025 CIO interview webinar series about asset allocation, how a plan can construct a portfolio against the changing dynamic of interest rates, and more.