• Home
  • Admin/Tech
  • Benefits
  • Buzz
  • DB
  • DC
  • Diversity
  • Investment
  • Law & regulation
  • Risk reduction
  • Events
  • Whitepapers
  • ESG spotlight
  • PPTV
  • Newsletters
  • Sign in
  • Events
    • Upcoming events
      event logo
      Risk Reduction Forum 2019

      The Risk Reduction Forum seeks to arm trustees and scheme professionals with practical insights around best practice, and takeaways they can apply to their own scheme

      • Date: 14 Mar 2019
      • Radisson Blu Bloomsbury, London
      event logo
      Rising Star Awards 2019

      Professional Pensions has launched its inaugural Rising Stars Awards to celebrate the emerging talent in pensions

      • Date: 27 Mar 2019
      • Proud Embankment, London
      event logo
      Defined Contribution Conference 2019

      This exclusive one day conference will provide a comprehensive overview of the evolving DC landscape, and examine how Trustees and Pension Scheme Managers can overcome the challenges they face

      • Date: 24 Apr 2019
      • The Bloomsbury Hotel, 16-22 Great Russell St, London WC1B 3NN, London
      event logo
      Professional Pensions & PIC Breakfast Briefing

      This breakfast briefing will take a look at the outlook for the risk reduction market - looking in particular at how schemes can best prepare to conduct an insurance transaction, capacity in the market as well as the key factors that are likely to affect both pricing and demand.

      • Date: 30 Apr 2019
      • The Ned, 27 Poultry, London EC2R 8AJ, London
      View all events
      Follow our Professional Pension Events

      Sign up to receive email alerts about our events

      Sign up
  • Whitepapers
    • How DC schemes can gain exposure to different asset classes in a low-return environment

      So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap,' ‘pension freedoms' or consultations around ‘value for money', says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).

      Download
      Pension freedoms three years on

      In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.

      Download
      Find whitepapers
      Search by title or subject area
      View all whitepapers
  • ESG spotlight
  • Sign in
    •  

      You are currently accessing ProfessionalPensions via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0) 1858 438800

      Email: [email protected]

      • Sign in
     
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
  • Follow us
    • RSS
    • Twitter
    • LinkedIn
    • Newsletters
    • YouTube
  • Register
  • Subscribe
Professional Pensions
Professional Pensions
  • Home
  • Admin/Tech
  • Benefits
  • Buzz
  • DB
  • DC
  • Diversity
  • Investment
  • Law & regulation
  • Risk reduction
  •  

    You are currently accessing ProfessionalPensions via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0) 1858 438800

    Email: [email protected]

    • Sign in
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
Professional Pensions
  • Canada

Canadian energy helps pension funds

canada-flag-small-jpg
  • Elizabeth Pfeuti
  • 21 July 2008
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  
0 Comments

CANADA - Pension plans were lifted into positive territory by rising home-based energy stocks, but their diversified portfolios meant they did not match the country index's gains in the second quarter of 2008.

RBC Dexia Investor Services found pension funds had earned 1% in the second three months of the year, cutting year-to-date losses down to -1%.

Don McDougall, director of advisory services for RBC Dexia, said: "Albeit modest, after posting three consecutive negative quarters, it's a welcome reprieve, especially considering the weakness in other global markets."

The S&P Composite Index, run on the Toronto Stock Exchange, soared 9.1% over the quarter which pension funds missed hitting by almost 1%.

Energy stocks on the exchange grew by 22.9% accounting for over a third of these gains.

However, global stocks hit pension funds the hardest for another quarter, slipping 3.4% over the quarter and missing the MSCI World Index by 0.5%.

Fixed income performed poorly, losing 0.3% in Q2 as mounting speculation over inflation kept domestic bonds in the red.

McDougall added: "Fortunately for those holding real return bonds, they unsurprisingly flourished in this type of environment, gaining an impressive 10.7% over six months."

For an overview of Canada's investment trends, see the latest edition of Global Pensions.

Related articles

  • Five stories you may have missed this week
  • Pearson scheme completes £500m buy-in with L&G
  • People Moves Blog: IFoA appoints Tan Suee Chieh as president-elect; Akash Rooprai joins ITM
  • PRI toughens up climate risk reporting for UK schemes
  • TPT launches education pension scheme as teachers face contribution rate hike
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  
  • Topics
  • Canada

Latest stories

Late Cycle Asset Allocation Views

Here are key takeaways from our 2019 Asset Allocation Outlook on how we are positioning asset allocation portfolios in light of our outlook for the global economy and markets.

  • Investment
  • 22 February 2019
Newspapers
Five stories you may have missed this week

This week's top stories included a Freedom of Information request revealing more than 100,000 savers could face six-figure tax bills as a result of GMP equalisation.

  • Industry
  • 22 February 2019
Handshake
Pearson scheme completes £500m buy-in with L&G

The Pearson Pension Plan has entered into a £500m pensioner buy-in with Legal & General (L&G) in the insurer's first deal of 2019.

  • Risk Reduction
  • 22 February 2019
Pension Appointments Blog
People Moves Blog: IFoA appoints Tan Suee Chieh as president-elect; Akash Rooprai joins ITM

  • Appointments
  • 22 February 2019
Back to Top

Most read

Handshake
Pearson scheme completes £500m buy-in with L&G
Are DC schemes failing to factor climate risks into investment decisions?
Akash Rooprai
Akash Rooprai appointed as ITM head of client management
Pension Appointments Blog
People Moves Blog: IFoA appoints Tan Suee Chieh as president-elect; Akash Rooprai joins ITM
scissors
The People's Pension reveals plans to cut fees with move to banded structure
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Privacy and Cookie policy
  • RSS
  • Twitter
  • LinkedIn
  • Newsletters
  • YouTube

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017