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Northern Trust Pension Universe Data: Canadian Pension Plans Buoyed by Positive Momentum in Equity Markets During Fourth Quarter 2020
January 25, 2021 GMT
TORONTO (BUSINESS WIRE) Jan 25, 2021
Robust equity markets provided a solid foundation for Canadian pension plans during the fourth quarter of 2020, with the median Canadian plan returning 5.0% for the quarter and closing a volatile year with a 10.0% gain, according to the Northern Trust Canada Universe.
During the last quarter of the year, major global economies continued to feel the impact as the coronavirus renewed its path around the world. Despite the headwinds of the pandemic, global equity markets generated healthy positive returns as investors welcomed the relief of further fiscal stimulus and the long-awaited approval of vaccines. ....

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