Northern Trust Pension Universe Data: Canadian Pension Plan returns retreat in Q3, pressured by restrictive monetary policy
The quarterly results were cushioned by healthier returns in prior periods, resulting in a median year-to-date return of 1.6%, according to the Northern Trust Canada Universe.
- The quarterly results were cushioned by healthier returns in prior periods, resulting in a median year-to-date return of 1.6%, according to the Northern Trust Canada Universe.
- The Northern Trust Canada universe tracks the performance of Canadian institutional defined benefit plans that subscribe to performance measurement services as part of Northern Trust’s asset service offerings.
- The BoC continues to maintain a restrictive monetary policy, while it continues to monitor the economic impact of its rate hiking journey.
- The Canadian Fixed Income market, as measured by the FTSE Canada Universe Bond Index, declined -3.9% for the quarter.