Canadian DB pensions return 3.13% as markets rebound

2020-11-06T11:32:11-08:00November 6th, 2020|Categories: Defined Benefit Plans|Tags: , |

Canadian defined benefit pension plans posted a median 3.13 per cent return for the third quarter of 2020, following a strong market rebound, according to a new report by BNY Mellon Asset Management Canada Ltd. The organization’s master trust universe, which is comprised of 86 Canadian corporate, public and university pension plans, found U.S. equities was the highest-performing asset class with a median return of 6.46 per cent, trailing the S&P 500 index’s 6.83 per cent. And Canadian equities posted a [...]