Residents of a downtown apartment building in Toronto’s Church-Wellesley neighborhood have been without heat and hot water since Dec. 19, when Enbridge shut off the gas due to serious safety concerns relating to the building’s steam boiler heating system.
The investment chiefs of the $3.5 trillion super sector say domestic opportunities had “significantly broadened” because of high interest rates, reversing historic orthodoxy that they had outgrown local markets.
Investment chiefs who collectively manage more than $1.5 trillion in retirement savings are ramping up their exposure to unlisted assets, private credit and cash.
The executives who manage more than $1.5 trillion in retirement savings are not swinging for the bleachers. They’re still worried about inflation, interest rates and a potential recession.
A raft of elections around the world will also challenge investors, say asset managers as they focus on stable and resilient earnings amid market volatility.