Most DB pension plans remain in strong financial shape thanks to foreign equities markets and despite another decline in long-term interest rates
The plans’ equity holdings grew by 4.4%
The province is also making some other complementary changes to improve transparency to plan beneficiaries and enhance income security
Strong global equities markets powered the gains while Canadian fixed-income assets rebounded in Q1, new RBC report finds
The median Canadian DB pension plan recorded a 3.0% gain in Q1, reversing a loss in Q4
The transaction values Hong Kong-based Nord Anglia Education at US$4.3 billion
Given the geopolitical and economic climate, a shift in approach to mitigating risk among DB pension plan sponsors may be underway
The pension fund manager is making the investment through its joint venture with a Singapore-based fund manager and a Chicago-based property company
Despite the market gains, pension fund net income declined during Q3 as both revenue and expenditures dropped, StatsCan reports
Equities, real estate and infrastructure investments performed well