Pension Matters

Picking a winner: A tool for selecting active managers

Ryan Kuruliak, Vice President, has written a recent article in Benefits Canada entitled Picking a winner: A tool for selecting active managers "My previous article discussed techniques for monitoring an investment manager’s track record to avoid making poor (and expensive) hire/fire decisions. In that article I also promised to introduce a tool investors...

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Is your money manager skilled or just lucky?

Ryan Kuruliak, Vice President, has written a recent article in Benefits Canada entitled Is your money manager skilled or just lucky? "In my previous articles, I demonstrated the benefits of investors extending their time horizon when evaluating an investment manager’s performance because it’s almost certain that even the best managers will underperform at...

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Alternatives: Time For Consideration In DC Plans?

Jeff Gray, Vice President at Proteus, has written a recent article in Benefits and Pensions Monitor entitled Alternatives: Time For Consideration In DC Plans? "There is no shortage of evidence that a high percentage of DC plan members have embraced the 'selection simplicity' of target date type funds. Likewise, plan sponsors have widely adopted the dynamic...

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The danger of paying too close attention

Ryan Kuruliak, Vice President, has written a recent article in Benefits Canada entitled The danger of paying too close attention "Manager performance is often monitored by committees over a quarterly or monthly basis, and while investment oversight is a necessary and prudent function of fiduciaries, it can also be dangerous."...

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First Quarter 2013 Review

The Canadian equity market increased 3.3% during the first quarter as intervention by global central banks continued to stimulate equity markets. Gains were led by the health care, telecom services and consumer related sectors. The materials and utilities sectors were the worst performers as Canadian mining stocks are experiencing the longest slump in 20...

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Predictable underperformance

Ryan Kuruliak, Vice President, has written a recent article in Benefits Canada entitled Predictable underperformance "While most investors employ active management in an attempt to achieve market beating performance, I don’t believe investors fully realize just how likely it is that they will have to endure bouts of short to longer term underperformance in...

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Fourth Quarter 2012 Review

The Canadian equity market increased 1.7% during the fourth quarter as intervention by global central banks helped stimulate equity markets worldwide. Gains were led by the consumer staples, information technology and industrials sectors. The materials and energy sectors were the worst performing sectors and the only ones that posted negative absolute...

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...The gradual rise of the defined contribution pension/You’ll soon retire with a DC pension – then what?

Martin Leclair and Jeff Gray, Vice Presidents at Proteus, are quoted in two articles featured in the Financial Post entitled How we got here: The gradual rise of the defined contribution pension , "Employers are hesitant to provide advice because of the risk of being sued—and moving away from DBs has been about reducing risk–but at the same time employees...

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What DC Plan Members Need

Martin Leclair, Vice President, has written a recent article in Benefits Canada entitled What DC Plan Members Need "Everybody likes money and everyone likes a good story. This should welcome news, considering the alarming level of financial ignorance among DC plan members and our obvious inability to address and engage a captive audience in clear need of...

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Third Quarter 2012 Review

The Canadian equity market as measured by the S&P/TSX Composite Index increased 7.0% during the third quarter after a rough second quarter. Gains were led by the materials, energy, and health care sectors with 13.1%, 8.5% and 8.1% returns respectively. All ten sectors posted positive returns for the quarter. Global equity markets were also positive (...

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