Pension Funds Continue to Shift Investment Focus Away from Equities
On the heels of major acquisitions around the globe by Canadian pension funds, the National Post sits down with Michael Sabia, chief executive at The Caisse de Dépôt et Placement du Québec to discuss a philosophical shift away from equities towards infrastructure, real estate (via their subsidiary Ivanhoe Cambridge) and other non-fixed income assets as the struggle to meet pension obligations mounts.
To view the article click HERE.
So it could buy on the dip?
“Just months before the start of last year’s stock market collapse, the federal agency that insures the retirement funds of 44 million Americans departed from its conservative investment strategy and decided to put much of its $64 billion insurance fund into stocks…”
http://www.boston.com/news/nation/washin…