
Canadian Pension Funds Lose 0.7% in Q1
The 334 pooled funds turn negative after record gains in 2017.
The 334 pooled funds turn negative after record gains in 2017.
Emmanuel Jaclot will replace Macky Tall effective June 1.
Canada’s second-largest pension fund manager reports five-year return of 10.2%.
Total assets gain C$8.9 billion to reach record high of C$337.1 billion.
Low interest rates, and a rising global economy boosted returns.
US equities were the top-performing asset class.
Regulations still needed for new pension type to take effect.
Strong Q4 equity markets boost funded status ratios across the board.
Investment manager forms joint venture with Votorantim Energia.
Pensions earned 0.55% for the quarter, and 6.14% over the past year.
Energy sector recovery has positive impact on stock market.
Leverage of six largest funds in country has risen to 24% from 19% in 2009.
Groups call for boards and executives to be at least 30% women in less than five years.
The Canadian pension fund is one of many investors in $5.6 billion consortium.
“Significant uplift” from global equity markets, strengthening Canadian dollar.