Canadian pensions face mounting real estate losses, but won’t be ‘forced sellers,’ Fitch says
Fund titans well-positioned to absorb near-term market swings Canada’s major pension plans face mounting losses in the real estate sector due to higher for longer interest rates.Photo by John Taggart /Bloomberg Canada’s large pensions are facing rising losses from real estate investments, according to a sector report by Fitch Ratings Inc., which concluded that fund … Read more