September 2023

AI in Investment Management: Separating Hype from Reality

Daily advances in artificial intelligence are leading some to herald it as the next frontier in asset management. AI can generate opportunity with new investment ideas and sources of alpha, as well as improve the risk management of existing quantitative models while creating new ones. But which developments are real and actionable, and which are simply noise? “What we’re seeing is, in a way, remarkable. The level of awareness of the technology has increased massively,” said Benjamin Roy, chief technology officer...

How The Backlash To ESG Can Create A Crisis For Companies

Companies should not be surprised when they face harsh criticism for doing what they think is the right thing, in the right way, and for the right reason. A case in point is efforts to implement environmental, social and government policies (ESG) in business and investing. What’s At Stake Given the divisive nature of society, people are more likely than not to have strong opinions—or outright and vocal opposition to the actions, decisions, and policies of companies and organizations. The backlash to ESG...

Jubilarse en LatAm: ¿cuáles son los peores y mejores países para hacerlo en 2023?

Los mayores mercados de Latinoamérica están entre los peores lugares para jubilarse en el mundo, si se evalúan los principales factores para que las personas disfruten de una jubilación saludable y digna, de acuerdo con los resultados del Índice Global de Jubilación de Natixis Investment Managers. Mientras la mayoría de los países desarrollados que participan en el Índice Global de Jubilación (GRI) experimentaron una mejora general frente al año anterior, los mercados latinoamericanos siguen rezagados en el listado. El GRI...

Alberta presents plan to exit Canada Pension Plan

Today, the Alberta government released a report detailing just how Alberta plans to exit the Canada Pension Plan — which would have ripple effects on all Canadians. The proposal would amount to Alberta removing more than $330 billion — or almost sixty percent — of the Canada Pension Plan’s assets. Since 1966, Canadians have confidently invested their retirement savings in the CPP. More than 650,000 Albertans are CPP beneficiaries, and Canada’s chief actuary reports that the CPP is sustainable for at...

Contraloría ordena a ministros Grau, Tohá y Orellana informar gira por reforma de pensiones

Contraloría dio 10 días hábiles a los ministros del Interior, Carolina Tohá, de la Mujer, Antonia Orellana, y de Economía, Nicolás Grau, además de las municipalidades de Viña del Mar y Quillota, para entregar un reporte sobre las actividades realizadas en el marco de la gira informativa sobre la reforma de pensiones. Según informó Radio Biobío, la decisión de la entidad se tomó luego de que la bancada de diputados y diputadas de Renovación Nacional (RN) presentara un oficio alertando...

Messaging on ESG strategies becoming critical, money managers say

Amid a continuing political backlash against the use of ESG in asset management — both as a term and as a part of the investment process itself — global money managers are taking action to fine-tune the language used in their messaging and engagement with clients and prospects. But it's not just in the U.S. where some money managers said they are thinking carefully about how they label their processes. Increased regulation in Europe has also put a spotlight on...

A year after budget crisis, UK debt faces fresh pensions headwind

Britain's pensions industry, Europe's biggest, is posing a new challenge to the country's 2 trillion pound ($2.5 trillion) government bond market a year on from the "mini-budget" crisis that put the sector at the centre of financial stability fears. Pension funds are big buyers of UK debt, known as gilts, but they are likely to step back just as the Bank of England (BoE) reduces its own holdings faster and debt issuance remains high, adding pressure on British borrowing costs. Benefiting...

Canada pension funds stay committed to India investments amid diplomatic tensions

Amid India-Canada diplomatic tensions, Canadian pension funds have retained their substantial Indian equity holdings, demonstrating a steadfast long-term approach. Market experts believe that Canadian investors continue to show commitment to India, minimising the influence of current tensions on their investments. "Pension funds, known for their long-term investment perspective, typically do not react hastily to such geopolitical events. They maintain a strategic outlook and are likely to wait for developments before making any major adjustments. There's a reasonable expectation that this...

México. Candidata propone pensión para adultos mayores desde los 60 años

El Frente Amplio por México (FAM) presentó un decálogo de observaciones al Presupuesto 2024 y propuestas para enmendarlo, entre las que destacan la reducción de la edad mínima para acceder a una pensión para adultos mayores. Ahora hora buscarán que sea a partir de lso 60 años. Encabezados por Xóchitl Gálvez, responsable de la construcción del FAM, las bancadas de diputados federales panistas, priistas y perredistas insistieron en que propondrán un Presupuesto de egresos alternativo con ajustes al ramo 23 ya...

Chile. Ministra Jara inicia nueva gira promocional sobre la reforma de pensiones

La ministra del Trabajo y Previsión Social, Jeannette Jara, inició este miércoles una nueva gira -por cinco regiones nortinas- para promover "los beneficios y alcances de la reforma previsional" que impulsa el Gobierno. La secretaria de Estado ya hizo lo propio hace un mes, junto a Mario Marcel, por regiones del centro y sur del país, encuentros que -según la cartera-, congregaron a un total de 2.600 asistentes. La planificación de la gira incluye, este miércoles 20 de septiembre, a las ciudades de Arica e Iquique (regiones de Arica y...