Canada's Pensions Worried About Brexit?
Matt Scuffham of Reuters reports, Canada pension funds hold back on U.K. deals ahead of Brexit vote:Some of Canada’s top pension funds, among the world’s biggest investors in British real estate and...
View ArticleMarkets Defying Central Bankers?
Min Zen and and Ira Iosebashvili of the Wall Street Journal report, Global Currencies Soar, Defying Central Bankers:Efforts by many of the world’s central banks to weaken their currencies are failing,...
View ArticleThe Bonfire of the Hedge Funds?
Julia La Roche of Business Insider reports, The bonfire of the hedge funds:The numbers have been tallied, and more hedge funds closed in the fourth quarter of last year than at any time since the...
View ArticleDraghi's Pension Poison?
Chris Bryant of Bloomberg reports, Draghi's Pension Poison:Mario Draghi's latest batch of measures to boost the euro-area economy comes with a sting in the tail for companies and anyone hoping to...
View ArticleAIMCo Returns 9.1% in 2015
Benefits Canada reports, AIMCo returns 9.1% in 2015:Alberta Investment Management Corporation (AIMCo) has reported a 9.1% rate of return on its total assets under management for the year ending...
View ArticleOntario Teachers' Brussels Connection?
Barbara Shecter of the National Post reports, Ontario Teachers’ Pension Plan owns 39% stake in terror-targeted Brussels Airport:The terrorist attack in Brussels on Tuesday morning hit close to home for...
View ArticleChicago's Pension Nightmare?
The Wall Street Journal reports, Chicago Pension Nightmare:The hits keep coming for Chicago Mayor Rahm Emanuel. On Thursday the Illinois Supreme Court struck down the city’s pension reform, which...
View ArticleShifting the Focus on Enhancing the CPP?
Andy Blatchford of the Canadian Press reports, Next on the Finance Minister’s to do list: Get provinces to support a Canada Pension Plan expansion:With his first budget behind him, rookie Finance...
View ArticleAre Canadian Banks in Big Trouble?
Barbara Shecter of the National Post reports, TD expects ‘next shoe to drop’ on Canadian banks’ relatively low oil loan provisions:Canadian banks are taking lower provisions for oil and gas related...
View ArticleOntario Teachers' Gains 13% in 2015
Jacqueline Nelson of the Globe and Mail reports, Ontario Teachers’ Pension Plan posts 13% return in 2015:Ontario Teachers’ Pension Plan’s 13-per-cent rate of return in 2015 was buoyed by growth in its...
View ArticleLoonie Hurting Canadian Pension Plans?
Janet McFarland of the Globe and Mail reports, Volatile markets, stronger loonie hurt solvency of pension plans:Canadian pension plans faced a sharp drop in solvency in the first quarter of 2016 as a...
View ArticleOn Pensions and the Wall Street Mob?
Elliot Blair Smith of MarketWatch reports, How the Teamsters pension disappeared more quickly under Wall Street than the mob:Real estate investments in Las Vegas casinos and hotels once threatened the...
View ArticleA Requiem For Hedge Funds?
Timothy W. Martin and Rob Copeland of the Wall Street Journal report, Investors Pull Cash From Hedge Funds as Returns Lag Market:Marc Levine, chairman of the $16 billion Illinois State Board of...
View ArticleCPPIB Goes on a Massive Agri Hunt?
Jesse Riseborough and Javier Blas of Bloomberg News report, Glencore Plc sells $2.5 billion stake in agriculture business to CPPIB:Canada’s largest pension fund agreed to pay US$2.5 billion for a...
View ArticleWill the Treasury Rally Turn to a Rout?
Wes Goodman of Bloomberg reports, Jamie Dimon Warns Treasury Rally May Turn to Rout as Rates Rise:Jamie Dimon, chief executive officer of JPMorgan Chase & Co., said he’s concerned demand for...
View ArticleA Revolutionary Retirement Plan?
New York's New School of Social Research recently put out a blog comment, Teresa Ghilarducci’s Revolutionary Retirement Plan:Americans do not have enough saved for retirement. In 2013, 28 percent of...
View ArticleWill Oil Double By Year-End?
Saijel Kishan and Grant Smith of Bloomberg report, 'Multi-year bull run' begins for oil, says Pierre Andurand:Pierre Andurand, a hedge-fund manager who predicted the oil collapse, said crude is...
View ArticleWill The Yen's Surge Trigger a Crisis?
Andrea Wong of Bloomberg reports, The Yen's Puzzling Surge, Explained in One Morgan Stanley Theory:The yen’s surge this week to the strongest since 2014, which has confounded most currency traders and...
View ArticlePatience and Reality On Pensions?
Corina Ruhe of Bloomberg reports, ECB's Knot Calls for Patience as Low Rates Raise Pension Concern: European Central Bank Governing Council member Klaas Knot called for “patience and reality” over...
View ArticleAnother Asian Financial Crisis?
Gregor Stuart Hunter and Ewen Chew of the Wall Street Journal report, Currencies Across Asia Fall Sharply Against U.S. Dollar:Currencies across Asia including the Chinese yuan dropped sharply against...
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