The UBC Faculty Pension Plan (FPP) Board of Trustees recently approved a change in the asset mix allocation of the FPP Balanced Fund option. This change is a result of our Asset Mix Study in 2019 when it was determined that increasing allocation to real estate and adding new non-domestic real estate mandates would lead […]
[Originally published on April 1, 2020] As the coronavirus pandemic continues to unfold and impact every aspect of our lives, the UBC Faculty Pension Plan (FPP) Board of Trustees would like to assure you that we are monitoring the crisis closely and have taken all the necessary steps to ensure the continuity of services that […]
In the beginning of March, we notified members that the UBC Faculty Pension Plan has enhanced its investment options with the addition of a UBC FPP Fossil Fuel Free Equity and Bond Fund option. The option became available to members on April 1, 2020. The Plan’s seven investment options offer a variety of asset classes […]
The UBC Faculty Pension Plan (FPP) Board of Trustees recently approved two changes to the bond investment manager structure that affect both the UBC FPP Balanced Fund and the UBC FPP Bond Fund options. The following are the changes: The Real Return Bonds managed by BlackRock are being sold and these assets will be reinvested […]
As reported in the September newsletter, the UBC Faculty Pension Plan Board approved the termination of one of the two active global equity managers, JP Morgan, and the hiring of a new global equity manager, Arrowstreet Capital. The assets were transferred to Arrowstreet on October 27, 2017. The change was made because JP Morgan had […]
The UBC Faculty Pension Plan Board recently approved the termination of one of the two active global equity managers, JP Morgan, and the hiring of a new global equity manager, Arrowstreet Capital. This change affects the Balanced Fund and Foreign Equity Fund options. Effective October 2017, the assets being managed by JP Morgan will be […]
Two changes to the foreign equity manager structure were recently approved by the Plan’s Board of Trustees that affect both the Balanced Fund and Foreign Equity Fund options. There is no change in the total allocation to foreign equities in either fund option; however, there are changes in the manager/mandate allocations. These two changes are: […]
The FPP Board recently approved the termination of one of the four Canadian equity managers, PCJ Investment Counsel. This change affects the Balanced Fund and Canadian Equity Fund options. Effective mid-June 2016, the assets being managed by PCJ Investment Counsel were equally distributed to the remaining three Canadian equity managers (i.e. Connor, Clark & Lunn, […]
The FPP Board recently approved the termination of one of the four Canadian equity managers, PCJ Investment Counsel. This change affects the Balanced Fund and Canadian Equity Fund options. Effective mid-June 2016, the assets being managed by PCJ Investment Counsel will be equally distributed to the remaining three Canadian equity managers (i.e. Connor, Clark & […]
As of December 9, 2015 the investment management of the UBC Faculty Pension Plan (UBC FPP)’s Short Term Investment Fund (STIF) has been changed from British Columbia Investment Management Corp (bcIMC) to Sun Life Global Investments (Canada) Inc. This change was made primarily for operational reasons and will allow for more efficient handling of the […]