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In the face of “weakening domestic equities,” Canadian defined benefit funds posted a fifth consecutive quarter of gains, according to an RBC report.
“Despite positive economic indicators of a healthy Canadian economy, depressed energy and commodities were amongst the poorest performing sectors to drag on domestic equities,” James Rausch, head of Client Coverage, Canada, RBC Investor & Treasury Services, is quoted saying.
“Nevertheless, Canadian pension fund managers have continued to prudently manage portfolio allocations, remaining underweight in Canadian equities compared to domestic fixed income and global equities and generating yet another positive overall return for the quarter.”
More: Stable recovery in Europe an encouraging sign.

ARIA provides a forum for an informed discussion on retirement income adequacy, and other related issues, including pension and retirement coverage, and defined benefit pension plans – ARIA pensions blog, 12 Dunlop Street, Barrie, ON, L4N 1V6 – sitemanager@ariapensions.ca

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