In the spring of last year, we shared in our annual report and through the Pension Forum that the UBC Faculty Pension Plan (FPP) Board was working on a new Real Assets Fund investment option, which was expected to be available to Plan members later this year. Since then, changes to the underlying investment products […]
Eugene Lee has been hired as the new Executive Director, Investments, for the UBC Faculty Pension Plan (FPP), joining the UBC Pension Administration Office in January 2026. Eugene comes to us with over 20 years of experience working with pensions, endowments, foundations and Indigenous settlement trusts. Prior to joining UBC, he served for 10 years […]
The UBC FPP 2023 Annual Report and audited Financial statements as at December 31, 2023 are now online. The annual report includes 2023 membership and financial highlights, investment updates, fund performance, and the FPP Board’s 2023/2024 initiatives. Visit Annual Reports & Financial Statements
The UBC FPP is a defined contribution pension plan. This means that your retirement income is not pre-determined – it is based on your account’s assets at the time you retire. During your working years, the key is to grow your account balance as much as possible to help you achieve your retirement goals. All […]
In 2022, we began implementing changes to the strategic asset mix for the FPP Balanced Fund as well as reshaping the Plan’s fixed income investments. These changes provide a slight reduction in the overall risk level while increasing potential expected returns for both the UBC FPP Balanced and Bond Funds. We are providing another update […]
In the second half of 2022, the UBC FPP Board reviewed opportunities to diversify the current structure of the UBC FPP Fossil Fuel Free Equity and Bond Fund. Since its inception in April 2020, the fund has grown to a stable size that allows it to be further diversified. After reviewing various diversification options, the […]
The UBC Faculty Pension Plan Board of Trustees regularly monitors the performance and asset mix of the Plan’s investment options, and they make changes as appropriate. You are encouraged to stay up to date about investment changes, as they may affect the options that you are invested in. The latest investment news and updates can […]
The UBC Faculty Pension Plan Board of Trustees regularly monitors the performance and asset mix of the investment options. They make changes as appropriate. Members are encouraged to stay up to date about investment changes, as they may affect the investment options that you are invested in. The latest investment news and updates can be […]
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 […]
Market Commentary – Second Quarter 2025
July 29, 2025
The following market commentary is courtesy of the Plan’s Canadian Equity investment manager, Leith Wheeler Investment Counsel LTD. The second quarter of 2025 was another example of why trying to predict (or time) markets over the short term is fraught with danger. Stocks came under significant pressure to begin the quarter with the S&P/TSX Composite […]