The board of the Canada Pension Plan Investment Board will not award the individual component of executive’s short term incentive plans, due to current economic circumstances, however the chief executive and the three key investment professionals still earned a combined C$8.6 million in total compensation in the fiscal year to March.
CPPIB changes asset weights, expands risk management…
The C$105 billion Canada Public Pension Investment Board (CPPIB) has adjusted the investment allocations in its reference portfolio, including an increased foreign exposure, and made significant risk management enhancements, as a response to the volatile economic environment and its long-term asset-liability matching.
Do institutional investors have sensible investment beliefs?
This article by Kees Koedijk and Alfred Slager , published in the Rotman International Journal of Pension Management, presents the results of a global study of investment beliefs, and highlights the differences in how pension funds and commercial asset managers view capital markets.
What investors lose to their fiduciary ‘agents’
The flow of capital absorbed by Australia’s superannuation industry is something that irritates academics Ron Bird and Jack Gray, who just received research funding from the ICPM, particularly since super fund members are forced by law to put their money into the hands of their fiduciary ‘agents’, writes Simon Mumme.
Norwegian SWF pushes equity exposure beyond 50pc amid Q1 losses
The $US 324 billion Government Pension Fund – Global (NBIM) of Norway pushed its allocation to equities beyond 50 per cent in the course of Q1 2009 at the expense of its fixed income portfolio, maintaining a strategic bent towards a higher exposure to growth assets.
Another big equity manager calls the bottom
The US$13 billion global equities manager Trilogy Global Advisors has joined the growing list of funds managers prepared to call the bottom for equity markets, and is already overweighting stocks leveraged to global economic recovery such as technology and consumer discretionaries.
