The skyscrapers of Toronto鈥檚 financial district house Canada鈥檚 largest banks, and some of its most successful companies. The buildings themselves are largely owned by Canada鈥檚 largest pension funds, which have directly developed real estate across major Canadian cities. This approach has generated high returns for the funds over the past two decades, but it has also allowed the pension funds to be leaders in the implementation of Leadership in Energy and Environmental Design (LEED) standards. Prof.

Inflation is up. Way up. In March 2022, Canada experienced its biggest increase in inflation in more than three decades. The oft-cited monthly inflation figure represents the rate of change in the consumer price index, and many consumers are already feeling the pinch in their pocketbooks.
But why is it happening? Inflation is typically caused by either increased consumer demand in a strong economy, or by supply shortages that drive prices higher.

Stocks with high expected return appeal to many new investors, but can be exposed to high risks. Investors must consider how these risks can impact their overall financial situation,聽Prof. Sebastien Betermier tells the Rational Reminder podcast. Dual-income families might be able to accept a higher degree of risk, while single-income earners with a mortgage could experience cascading impacts when a high-risk security goes south.

Russia produces about 10 per cent of the world鈥檚 oil, but the rest of its economy is more of a lightweight. Before it attacked Ukraine, and had its financial system crippled by severe sanctions, Russia accounted for about three per cent of global GDP. Because Russian stock markets were closed after the invasion, investors have been unable to sell their holdings.

While the use of economic sanctions for political means is no new strategy, the magnitude of the sanctions imposed on Russia in the wake of Putin鈥檚 invasion of neighbouring Ukraine is unprecedented, says Professor Sebastien Betermier in an interview with CTV Montreal. Perhaps most impactful is the freeze on Russian Central Bank assets and SWIFT, a financial messaging platform used by banks to make international transactions.

The transition to a clean energy economy is only beginning, but its reverberations are already being felt in global markets. Institutional investors like the Caisse de d茅pot et placement du Quebec are divesting from fossil fuel companies, and divestment strategies are one factor in the drop in the share prices of fossil fuel companies, according to Sebastien Betermier, Associate Professor of Finance at Desautels.

On a recent segment of CTV News Montreal, Professor Sebastien Betermier shared three key takeaways from the 5th annual 9I制作厂免费 International Portfolio Competition, an event designed to help guide corporate and political leaders toward a greener economy. First, managers should create clear milestones, he says. Second, they must integrate change across industries. Finally, they should develop proactive stakeholder policies.

Meeting environmental, social, and governance (ESG) standards continues to weigh heavily on the agenda for Canadian companies across industries. As Desautels strives to prepare students to meet evolving demands, Professor Sebastien Betermier highlights the importance of integrating ESG considerations into coursework--but not at the expense of fundamental concepts.

In light of ongoing Dutch pension reforms, Professor Sebastien Betermier underscores the need for successful pension funds to balance individual and collective responsibility for risk-taking. From his perspective, a hybrid plan is crucial to meet stakeholder needs across generational lines.

Students from the Copenhagen Business School took home the $25,000 first prize of the fifth annual 9I制作厂免费 International Portfolio Challenge (MIPC) this November. According to Professor Sebastien Betermier, who founded the student-organized competition and serves as MIPC鈥檚 faculty adviser, the Copenhagen team will have the unique opportunity to present their ideas on retirement reform to Dutch pension funds in 2022.

Congratulations to Sebastien Betermier,聽Associate Professor of Finance, whose paper 鈥淲hat Do the Portfolios of Individual Investors Reveal About the Cross-Section of Equity Returns?鈥 is the winner of the聽2021 Morgan Stanley Best Paper Award in Investments.
The Center for Financial Planning (CFP) announced the best paper awards for the fifth annual Academic Research Colloquium (ARC) for Financial Planning and Related Disciplines, which was held virtually on November 11 鈥 16, 2021.

A dedicated group of 9I制作厂免费 students successfully planned the first hybrid iteration of the annual 9I制作厂免费 International Portfolio Challenge.
This year, 9I制作厂免费 invited 114 teams from 26 countries to tackle the challenge of designing sustainable retirement system plans in light of Dutch pension reforms.

Retirement systems around the world, from public pension plans to private funds, are weathering a storm of ultra-low bond yields that threaten not only adequate returns for pensioners but the sustainability of the systems themselves. Designing retirement systems that are resilient to low yields requires balancing risk with resilience and innovative approaches.

With the winding down of Canadian quantitative easing policies, announced recently by the Bank of Canada鈥檚 Governor Tiff Macklem, Professor Sebastien Betermier comments on the effects of rising bond yields on pension plans. Yields across the Canadian economy currently remain at historically low levels due to inflation and supply shortages amid the COVID-19 pandemic.

To kick off the fifth edition of the 9I制作厂免费 International Portfolio Challenge, Professor Sebastien Betermier moderated a 顿别濒惫别听Integrated Management symposium powered by聽Global Risk Institute in Financial Services (GRI) entitled 鈥淒esigning Sustainable Retirement Systems in the Current Environment of Ultra-Low Yields.鈥 The event invited University Pension Plan Ontario鈥檚 Barbara Zvan and PSP Investment鈥檚 Eduard van Gelderen, leading experts in pension management, to share their perspective on designing resil