Northern Trust Pension Universe Data: Canadian Pension Plan Returns Boosted by Robust Financial Markets During the Third Quarter

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Canadian pension plans achieved strong performance in Q3 2023, with the Northern Trust Canada Universe reporting a median return of 4.8% for the quarter and 8.4% year-to-date as of September 30. The positive results were driven by robust performance in both stocks and bonds, with Canadian equities leading at 10.5% returns. The quarter saw significant monetary policy shifts, including the U.S. Federal Reserve’s 50-basis point rate cut and the Bank of Canada’s 25-basis point cut to 4.25%. The Canadian Fixed Income market advanced 4.7%, while international markets also showed strong performance with the MSCI EAFE Index recording 6.0% in CAD.

I piani pensionistici canadesi hanno registrato un’ottima performance nel terzo trimestre del 2023, con il Northern Trust Canada Universe che ha riportato un ritorno mediano del 4.8% per il trimestre e un 8.4% da inizio anno al…

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