Canadian pension funds divestment of private equity holdings rebalances portfolios
Canadian pension funds are strategically divesting from their private equity holdings to realign their portfolios. Recognizing the inherent lag in private equity valuations compared to publicly traded assets, the move aims to address potential overvaluations, particularly in the context of rising interest rates.
Public pension plans in Canada and Australia achieve efficiencies through professional asset management at scale
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.
McGill Desautels alum sheds light on inequities faced by women entrepreneurs
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.
New Royalmount real estate development will bring greater luxury retail options to Montreal
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.
Alberta’s withdrawal from Canada Pension Plan means leaving one of the world’s best-managed funds
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.
Public sector organizations need to ensure fair AI implementation
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.
Two McGill Desautels units achieve silver sustainability certification
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.
Canada's big grocery chains face pressure to cut prices as food costs rise
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.
McGill Desautels MBA ranked #22 globally most sustainable by Corporate Knights
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
MMF students excel in Deloitte Synergy Challenge
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.
IMHL alumnus leads project to install 900 defibrillators in Quebec
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.
AI tools can have unanticipated consequences for managers
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.
MBA alum’s restaurant named top healthy restaurant in United Arab Emirates
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.
