by Keith Ambachtsheer, Sebastien Betermier, Chris Flynn | Jun 18, 2024 | Research
This report examines the domestic vs. international breakdown of investments for Canadian pension funds, and barriers to domestic investment. It finds the proportion of Canadian listed equity and fixed income holdings is relatively high compared to the global share of...
by Alexander D. Beath, Maaike van Bragt | May 18, 2024 | Research
CEM research shows that institutional investors of sufficient size tend to outperform the market over long periods of time. The ability to outperform benchmark returns stems partly from the structural advantages; investors with more scale, more actively managed...
by Mike Heale, Palwasha Saaim | Mar 18, 2024 | Research
Are Australian superannuation funds relatively cost-efficient? This paper summarizes findings from eleven Australian profit-for-member superannuation funds, based on data from June 2022-2023, comparing them to peers in the U.S., Canada and Europe. The research looks...
by Georgetown CRI (In conjunction with CEM) | Jun 18, 2023 | Research
This Georgetown CRI study, in conjunction with CEM, asks the question, “Should DC plan sponsors emulate DB plans by increasing or introducing allocations to illiquid assets within target date fund options?” This analysis focuses on the period 2011–2020 and assesses...
by Alexander D. Beath | Dec 18, 2022 | Research
Of the $34.9 trillion of retirement assets in the United States at the end of 2019, approximately $7.1 trillion were held in public sector defined benefit (DB) funds and $3.4 trillion were held in corporate sector DB funds. This work was commissioned by Nareit®. The...
by CEM Benchmarking | Sep 18, 2022 | Research
This paper investigates the investment strategy that large Canadian pension funds implement in the private real estate market. Even though they manage just 6% of global pension assets in our data, Canadian pension funds are responsible for 60% of the total value of...
