Canadian equities, as measured by the S&P/TSX Composite Index, generated a return of 4.7 percent for the quarter, with all sectors posting gains with the exception of the health care and energy sectors.
Before a 2007 law, local retirement systems regardless of performance could retain their own investment managers and/or opt to invest some or all of their assets in the PRIT fund.
Ohio State attracted a lot of criticism when it invested in startup VC firm @drivecapital in 2013 with encouragement from retiring President Gordon Gee. Here’s what the Root IPO means for the school’s $50M stake in Drive.
Many money managers and strategists are reluctant to project confidence after being caught off guard by a number of market-jolting shocks over the years.