Reaching for yield or resiliency? Explaining the shift in Canadian pension plan portfolios

Sebastien Betermier
Published: 8 September 2021

Authors: Sébastien Betermier, Nicholas Byrne, Jean-Sébastien Fontaine, Hayden Ford, Jason Ho, Chelsea Mitchell

Publication: Bank of Canada, Staff Analytical Note 2021-20, August 2021

This newly published Bank of Canada research study focuses on the portfolio shift of corporate pension plans toward alternative assets. The study shows that instead of “reaching for yield,” these funds are “reaching for resiliency” by diminishing their overall exposure to solvency risks.

The article is available both in English and in French:


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