Investment Strategies, Technology and Operation Models in Focus: Canadian Pension Research from In Search of New Value

Off Screen Text

Feature Article for ACPM The Observer

May 2021

Canadian pensions’ far-sighted approach has provided some protection from the disruption caused by COVID-19; most plans have the time and the space they need to work through the immediate impacts of the pandemic on short-term returns. Canadian pension plans, funds and their managers continue to be seen as industry leaders within Canadian financial services markets and across the globe. The “Canadian model” of jointly trusteed, shared risk, strongly-governed modern defined benefit plans continues to find rising awareness on the global pension stage.

Canada’s pension plans are dealing with familiar challenges, including an aging population, longer life expectancies, finite resources, a sustained low interest environment, and evolving regulatory requirements. For some, these pressures are further magnified amid uneven global economic prospects and rapidly shifting markets. In this difficult environment, pension plan leaders are thinking carefully about what is needed to maintain confidence in their ability to meet their long-term obligations – above all, to fund pension payments to their members.

Across the many available choices, Canadian pension plans continue to take their obligations seriously, to work to continuously refine their investment, technology and operations models, and to work relentlessly to deliver the right outcomes for their underlying plan members and stakeholders.

This article originally appeared in ACPM The Observer, "In Search of New Value: How Canadian Pension Plan Investment Managers Are Preparing For A Post-Covid-19 Environment."

View the full article (PDF)

Download

  • Investment Strategies, Technology and Operation Models in Focus: Canadian Pension Research from In Search of New Value
  • [810 KB]

Connect

Contributors

Alistair Almeida

Alistair Almeida

Segment Lead, Asset Owners, CIBC Mellon




This article is provided for general information purposes only and CIBC Mellon and its affiliates make no representations or warranties as to its accuracy or completeness, nor do any of them take any responsibility for third parties to which reference may be made. This article should not be regarded as legal, accounting, investment, financial or other professional advice nor is it intended for such use.

About CIBC Mellon

CIBC Mellon is a Canadian company exclusively focused on the investment servicing needs of Canadian institutional investors and international institutional investors into Canada. Founded in 1996, CIBC Mellon is 50-50 jointly owned by The Bank of New York Mellon (BNY Mellon) and Canadian Imperial Bank of Commerce (CIBC). CIBC Mellon's investment servicing solutions for institutions and corporations are provided in close collaboration with our parent companies, and include custody, multicurrency accounting, fund administration, recordkeeping, pension services, exchange-traded fund services, securities lending services, foreign exchange processing and settlement, and treasury services.

As at March 29, 2024, CIBC Mellon had more than C$2.8 trillion of assets under administration on behalf of banks, pension funds, investment funds, corporations, governments, insurance companies, foreign insurance trusts, foundations and global financial institutions whose clients invest in Canada. CIBC Mellon is part of the BNY Mellon network, which as at March 29, 2024 had US$48.8 trillion in assets under custody and/or administration. CIBC Mellon is a licensed user of the CIBC trade-mark and certain BNY Mellon trade-marks, is the corporate brand of CIBC Mellon Global Securities Services Company and CIBC Mellon Trust Company, and may be used as a generic term to refer to either or both companies.

For more information – including CIBC Mellon's latest knowledge leadership on issues relevant to institutional investors active in Canada – visit www.cibcmellon.com