David Cohen, manager of GRS Consulting with BNY Mellon Global, said: “Despite ongoing challenges from the Omicron version, global inflationary concerns and expected tightening of monetary policy, Canadian plan sponsors posted strong returns across all traditional asset classes this quarter. Gave.” risk solution. “BNY Mellon Canadian Master Trust Universe average returns were positive, led by Canada and US equities for the quarter and full 2021.”
The BNY Mellon Canadian Master Trust Universe is based on investment assets of $309.1 billion in Canadian investment plans with an average plan size of $3.7 billion.
The data shows that among the traditional asset classes, the US Equity Universe was the top performer with an average return of 7.35%. In contrast, the average return for international equities was just 1.95%.
Among non-traditional asset classes, real estate was the outperformer in Q4, 2021 with an average return of 4.31% and private equity posted 3.25%, while hedge funds were flat at 0.03%.
The fixed income median return in the fourth quarter of 2021 was 2.33%. Fixed income outperformed the FTSE Canada Universe Bond Index for the fourth quarter, returning 1.67%.