The future of commercial real estate belongs to those who can meet the evolving needs of the office
Lockdowns and remote work presented unique challenges for the commercial real estate sector. Vast amounts of office space were suddenly empty as people worked from home. But the sector is rebounding. There are projects underway in cities around the world are a testament to investors鈥� confidence in its outlook, says Sebastien Betermier, an Associate Professor of Finance at Desautels.
Delve: How Banks and Institutional Investment Funds Are Driving the Road to Net-Zero
One of the biggest challenges today for financial institutions is how to meet net-zero climate targets while achieving high returns on investment and satisfying the needs of various stakeholders. What does the road to net-zero look like in the realm of long-term investment, who are the players, and how should the inevitable roadblocks be overcome?
Crypto鈥檚 impressive returns led institutional investors to consider unconventional investments
Cryptocurrencies have always been volatile, but they have also generated some very impressive returns. Even large pension funds got in on the action, and some of them have been burned. By investing in the crypto exchange FTX, the Ontario Teachers鈥� Pension Plan (OTPP) hoped to avoid the risk of investing in individual cryptocurrencies. But that backfired spectacularly when FTX collapsed, and OTPP recently wrote down its entire $95 million (USD) investment.
A place to call home trumps portfolio diversification for some investors
Many households are heavily, or even exclusively, invested in real estate. That鈥檚 a lot of聽money to have tied up in a single type of investment, but people don鈥檛 think of houses聽like other investments, according to research from Associate Professor聽Sebastien Betermier.
MIPC wraps up with MDIIM Symposium and Grand Finale
The Marcel Desautels Institute for Integrated Management Symposium on The Road to Net Zero took place on November 2, marking the opening ceremony of the sixth edition of the 麻豆传媒网站 International Portfolio Challenge (MIPC).聽Thank you to our panelists, Fanny Doucet, CFA, Managing Director & Head, S
Real estate investment helps Canadian pension plans outperform peers
Canada鈥檚 pension plans consistently outperformed their peers between 2004 and 2018, largely thanks to their diversified their assets, which include investments in real estate and infrastructure assets. 鈥淗ere, the funds are doing it themselves,鈥� says Professor Sebastien Betermier in an interview with Benefits Canada. 鈥淭hey are on the ground, building projects themselves in Toronto, in Montreal and abroad.鈥�
Why the CAQ鈥檚 proposed economic incentives may not be all they cracked up to be
鈥淢any of the drivers of the inflation we are seeing today are coming from the supply and production side of the economy,鈥� says Associate Professor of Finance聽Sebastien Betermier聽in an interview with CTV News. The war in Ukraine, post-pandemic recovery and supply side frictions are all factors outside our control contributing to inflation.
When a recession is coming, investors need to keep a level head
How should investors react to a looming market downturn? Don鈥檛 panic, says Prof. Sebastien Betermier, an Associate Professor of Finance at Desautels. This sounds simple enough, but it鈥檚 easier said than done.
Inflation is a major challenge for seniors on fixed incomes
When food prices rise, seniors on fixed incomes pay a heavy price. Seniors living on federal pensions have lost $1,600 in purchasing power, according to Pierre Lynch, the president of the Association qu茅b茅coise de d茅fense des droits des personnes retrait茅es et pr茅retrait茅es. And it鈥檚 difficult to predict when those costs could come down, says聽Associate Professor of Finance聽Sebastien Betermier.
Countries with high debt and a reliance on imports could face tough times
Sri Lanka is facing down a liquidity crisis. It has $50 billion in debt to foreign creditors, but no foreign currency reserves. The country foreign currency was depleted when pandemic-related travel restrictions undermined its thriving tourism industry. It also imports many goods, and costs soared as energy prices rose.
Higher interest rates are already packing a punch
Payments on variable rate mortgages have gone up, and house prices have gone down. We are already seeing the impact of higher interest rates, and we are not done yet, according to Prof. Sebastien Betermier. 鈥淚 expect to see a continuation of what we are already seeing,鈥� Betermier told CTV News.
Persistent inflation could contribute to a recession, but there are steps that can take to ease the pain
The recovery from the pandemic created strong demand for products and services, but supply remained weak as a result of supply chain disruptions, labour shortages, and the rising cost of food and oil. Together, these factors have contributed to high inflation, which central banks are fighting by raising interest rates. But some of these factors are beyond the reach of central bank鈥檚 efforts, like rising energy prices caused by the war in Ukraine, said Prof.
More efficient capital management could help pension funds strained by longer life expectancy
Canadians are living longer than ever. Life expectancy at retirement has increased by about four years since 1980. This creates a cash crunch for pension funds. Increasing current plan members contributions is one way to address this, but more efficient capital management can help too. Pension funds have a distinct advantage over other investors, argues Prof. Sebastien Betermier in Policy Options.
Prof. Betermier lands new role as Director of ICPM
Sebastien Betermier, Associate Professor of Finance and Finance Area Coordinator at the Desautels Faculty of Management at 麻豆传媒网站 has been appointed as the new Executive Director of The International Centre for Pension Management (ICPM).
Investing experience can help navigate market downturns
Many young investors have never lived through a major market downturn, and some novices could overreact as markets fall, according to Sebastien Betermier, an Associate Professor of Finance at Desautels.
