Tuesday, November 01, 2005

Canadian Opportunities for U.S. Money Managers

The lifting of Canada's limit on foreign content in pension plans presents opportunities for U.S. money managers with expertise in managing U.S. and global stocks and bonds. The old 30% limit has been abolished, retroactive to January 1, 2005.

It's a development that's welcomed by Canadian pension funds, including the Association of Canadian Pension Management (ACPM/ACARR), which published a paper on "The Foreign Property Rule: A Cost-Benefit Analysis" in 2002 and had lobbied for elimination of the limit.

But is a quick and dramatic change in Canadian pension plans' asset allocation in the cards? To learn more, read "Canadian Opportunities Beckon" on page 6 of the Association of Investment Management Sales Executives' Advisor newsletter (http://www.aimse.org//newsletter/Fall05Advisor.pdf).



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