February 2019

Aging Americans are a big market for tech investors, who also want to monitor their parents

Greg Yap is a venture capitalist looking for the next big thing in digital health. At age 45, he's also the father of young kids and the son of an aging mother, who lives nearby in an independent living facility. On days he can't visit his mom and doesn't hear from her, he still wants to know how she's doing. So he's combining his personal concerns as a son with his job as an investor and experimenting with new...

Intergenerational Fairness: Will Our Kids Live Better than We Do

By Parisa Mahboubi (C.D. Howe Institute) While large government deficits and debt raise concerns regarding intergenerational fairness, their longterm intergenerational impacts can significantly differ, depending on demographic shifts and future economic policy. In particular, population aging in Canada has accelerated during the past decade due to declining fertility and improving life expectancy. This demographic transition poses new fiscal challenges since it dampens growth in government revenue while putting pressure on government spending, particularly in healthcare and public pensions. Generational accounting...

The Prosperity Paradox: How Innovation Can Lift Nations Out of Poverty

By Clayton M. Christensen,‎ Efosa Ojomo,‎ Karen Dillon Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times bestseller How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offers a groundbreaking solution for true and lasting change.Global poverty is one of the world’s most vexing problems. For decades, we’ve assumed smart, well-intentioned people will eventually be able to change the...

Sustainable, Responsible, Impact Investing Made Easy 2019: a Practical Guide for the socially conscious investor

Por Bill HollidaySocially Responsible Investments provide you with the chance to vote with your investments and influence our world. Sustainable, Responsible, Impact Investing (SRI) is a rapidly growing area of investment. It is outpacing the overall rate of general investment growth.SRI allows investors the ability to have investments in line with their values. It provides another tool to address important issues. SRI provides a way to support organizations and issues while earning a competitive return. As an example, if someone...

Managing Uncertainty: The Search for a Golden Discount-Rate Rule for Defined-Benefit Pensions

By Stuart Landon (University of Alberta - Department of Economics), Constance E. Smith (University of Alberta - Department of Economics)This Commentary examines how the choice of a pension plan discount rate affects the tradeoff between the risk of holding insufficient assets to pay promised benefits and the cost of acquiring more assets. The choice of discount rate can have a dramatic effect on the value of a plan’s liabilities and, therefore, the assets needed to meet plan obligations. When...

Perú. Proponen permitir que fondos de AFP se ahorren en cuentas a plazo en el sistema financiero

Ello generaría más competencia en el sistema previsional y mayores beneficios para los afiliados, subrayó el economista Kurt Burneo. Con el objetivo de fomentar una mayor competencia en el mercado previsional, el economista Kurt Burneo propuso que los afiliados al sistema previsional también puedan ingresar sus fondos en los diferentes productos que se ofrecen en el sistema financiero. “Los fondos podrían ir a cuentas de ahorro a plazo fijo, fondos mutuos u otros productos previsionales que se puedan crear...

Chile. AFP celebran: caída en tasas aumenta valor de portafolio en renta fija en US$5.000 millones

Según dice Bci, es probable que el apetito por este tipo de instrumentos se mantenga durante la primera mitad del año, gracias a la evolución que ha mostrado el escenario económico y su impacto sobre las tasas, razón que permite prever que las AFP seguirán siendo compradoras netas de estos papeles. Sin duda enero fue un buen mes para las AFP, luego de que en sus distintos multifondos anotaran retornos positivos de la mano de la buena performance de...

México. Vanguard colocará 10 ETF europeos

La gestora internacional le apuesta a México en sus planes de crecimiento y de diversificación en los mercados. A finales de febrero o principios de marzo del 2019, Vanguard listará 10 Undertakings for the Collective Investment in Transferable Securities (UCITS) en el Sistema Internacional de Cotizaciones en México. Los UCITS son mejor conocidos como los Exchange Traded Funds (ETF) europeos, que “se refieren a la directiva de la Unión Europea que permite a las instituciones de inversión colectiva operar...

Brazil stocks fall over pension reform anxiety

Brazilian stocks fell on Thursday as investors were cautious on pension reform progress and markets awaited further hints from tariff talks between the United States and China. A weaker dollar did little to help Latin American currencies, which fell. Stocks on the Bovespa fell 0.7 percent led by declines in financials as investors eyed a meeting between President Jair Bolsonaro and Economy Minister Paulo Guedes where they are expected to...

UK expats in EU could face frozen pensions

Brits across the EU could lose their special status and have their state pensions frozen if an agreement is not reached between the EU and UK ahead of the 29 March. Currently, people living in countries that do not have reciprocal agreements with the UK, or don’t have legal requirements for expat pensions, will not receive yearly increases (uprates) in their state pension. There are currently around 510,000 people receiving this payment abroad, with 84% of them having retired...