Canada and Australia are both examples of successful pension fund management, said Prof. Sebastien Betermier in a keynote presentation to the Government Employees Pension Fund (GEPF) Thought Leadership Conference in Cape Town, South Africa. While there are differences, both capture similar efficiencies: getting people to save money early, so they benefit from compounding. The assets in these funds are professionally managed, which provides multiple advantages.
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Published on: 20 Nov 2023
Harriett Baldwin (MBA’85) is spearheading an extensive examination of the financial landscape for small and medium-sized enterprises (SMEs) in the United Kingdom. Highlighting a stark gender disparity, she points out only 2% of venture capital funding in the UK goes to businesses run by women, while men fill 90% of all senior roles at hedge funds.
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Published on: 20 Nov 2023
Among the low-rise industrial buildings that line the northern end of Décarie Boulevard, a major new shopping centre is taking shape. The $7-billion Royalmount luxury retail and lifestyle centre is slated to open in summer 2024, after numerous construction delays.
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Published on: 13 Nov 2023
The Canada Pension Plan (CPP) launched in 1966 and pays retirees a monthly amount based on contributions deducted from their paycheques throughout their working lives. "You contribute with the understanding that when it comes your time to retire, you can expect your own steady stream of income where the risks are being managed directly by the plan," says Prof.
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Published on: 10 Nov 2023
Artificial intelligence can identify patterns in data much faster and more effectively and efficiently than humans can, but it is only applicable to the specific contexts in which data was created. Even then, AI can replicate the data’s biases and encode them, resulting in a major limitation that can lead to discrimination on the basis of sex or ethnicity. This is of particular concern for public sector organizations, which need to be fair to those they serve.
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Published on: 10 Nov 2023
This Fall, McGill University awarded new Sustainable Workplace Certifications to nine units. Among them, two McGill Desautels units earned the silver-level distinction: The Bensadoun School of Retail Management (BSRM) and IT Customer Services Team.
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Published on: 10 Nov 2023
Food prices rose by 5.8 per cent in September, prompting the federal government to ask Canada’s five largest grocery chains to provide a plan for how they will stabilize prices, with staple products a likely focus. “High transportation costs, inventory issues and other pressures driving up costs are subsiding,” says Professor Saibal Ray, who specializes in Operations Management. Ray, commenting to Financial Post and Toronto Star, suspects the grocers’ promises to Ottawa will involve price cuts.
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Published on: 10 Nov 2023
The McGill Desautels Faculty of Management MBA is ranked 22nd globally by the prestigious Corporate Knights Better World MBA ranking, jumping 16 spots and proving again to be a leader in sustainability development and corporate social responsibility through teaching and learning methodologies.
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Published on: 9 Nov 2023
Students in the McGill Desautels Master of Management in Finance (MMF) program showcased their financial prowess at the 6th Deloitte MMF Synergy Challenge on October 26.
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Published on: 6 Nov 2023
Each year, about 10,000 people in Quebec suffer a cardiac arrest, and receiving resuscitation care in the first minutes is critical to survival. For every minute that passes without treatment, survival rates decrease by 7-10%. Dr.
Published on: 27 Oct 2023
When a Los Angeles law firm began adopting new artificial intelligence tools to automate contract reviews, it looked like junior lawyers and paralegals might be out of a job. Yet, even as these tools conducted increasingly complex tasks, the firm’s workforce didn’t suffer. However, this shift to AI taking on some tasks previously performed by humans forced the firm to reconfigure its organizational structure.
Published on: 27 Oct 2023
SALATA claims to be the ultimate destination for health nuts, and food delivery service Deliveroo UAE concurs, naming the leading built-to-order salad kitchen the best healthy restaurant in the United Arab Emirates. When Founder and CEO Georges Bandar (MBA’14) launched the delivery-only restaurant, he wanted it to offer more than leafy greens. “It was more than just a salad concept. It was a revolution,” he says. “A movement towards better living, better choices, and obviously, better tastes."
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Published on: 27 Oct 2023
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Published on: 25 Oct 2023
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Published on: 25 Oct 2023
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Published on: 25 Oct 2023
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