As reported in the last FPP Update newsletter and in the Plan’s 2021 Annual Report, changes are being made to the strategic asset mix for the UBC FPP Balanced Fund to increase real assets (i.e. real estate and infrastructure). The new asset mix provides a slight reduction in the overall risk level while increasing the […]
The Plan held its annual Pension Forum on May 3, 2022. The presentation included updates on the 2021 Board initiatives and projects, financial and membership statistics, and investment reviews for 2021 and the first quarter of 2022. The presentation was then followed by a question period. If you weren’t able to attend, you may view […]
The UBC Faculty Pension Plan’s 2021 Annual Report is now online. This report includes plan highlights, membership and financial statistics, fund and investment managers’ rates of return, and an investment commentary. The Plan’s audited Financial statements as at December 31, 2021 are also available online. View the 2021 UBC FPP Annual Report
Members are invited to participate in the UBC Faculty Pension Plan (FPP) Pension Forum at 1:00 p.m. on Tuesday, May 3, 2022 via Zoom. Join us to hear the latest news regarding your pension plan, and to ask questions of the Board trustees and management. There will be a 30-minute presentation on the Plan’s 2021 […]
The Pension Administration Office is open for members who wish to drop off forms and/or ask general questions in person. Our office is open Monday to Thursday from 8:30 a.m. to 4:30 p.m. Our Member Services team is available by phone and email from Monday to Friday, 8:30 a.m. to 4:30 p.m. We will continue […]
The global economic recovery continued in the fourth quarter of 2021, but at a slower pace and with emerging distinctions between industries. Notably, energy prices continued to push higher, extending the energy sector’s winning streak and putting those in the “inflation is transitory” camp – not to mention managers of fossil fuel free funds – […]
The Pension Administration Office will be closed for the holidays from December 25, 2021 to January 3, 2021 inclusive. Our office will reopen on Tuesday, January 4, 2022. If you have an urgent pension inquiry during the holiday closure, please leave a message at 604-827-3286. These messages will be monitored over the holiday period. The […]
We would like to congratulate Dr. Joy Begley and Dr. Lorenzo Garlappi, who have been elected to serve on the UBC FPP Board of Trustees from January 1, 2022 to December 31, 2025. Thank you to all the candidates and members who participated in this election.
As of 4:00 p.m. PT today, voting has closed for the UBC Faculty Pension Plan Election. The results of the election will be posted on our website on Thursday, December 2, 2021. Thank you to all the candidates and members who participated in this election.
Market Commentary – First Quarter 2022
May 20, 2022
Both bond and stock markets started 2022 poorly, as investors began pricing in aggressive interest rate hikes in the face of rising inflation and slowing economic growth. As highlighted in previous commentaries, these trends were firmly in place towards the end of last year, but the military conflict in Europe has intensified price pressures and […]