|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||95.35 - 95.35|
|52-week range||95.35 - 95.35|
|Beta (5Y monthly)||1.13|
|PE ratio (TTM)||19.86|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
More pension funds, insurers and asset managers are outsourcing part or all of their dealing desks to specialist traders as they seek to cut costs and adapt their operations to deal with the coronavirus crisis, industry sources say. Last year's volatility in markets, plunging as the pandemic took hold and rebounding as government stimulus kicked in, meant asset managers spent more time juggling trades and less time on their usual job of long-term asset allocation. Moving some or all of their trading to specialist firms offers access to a larger group of banks and brokers, making it cheaper to execute trades and allowing asset managers to cut trading staff and trading terminal costs, industry sources say.
The median Canadian pension plan returned 5.0% for the 4th quarter and 10.0% for 2020, according to the Northern Trust Canada Universe.
Northern Trust Asset Management, one of the world’s leading investment managers, continues to expand its sustainability solutions with the launch of a unique, sustainable emerging market green transition index strategy, with climate change considerations as a cornerstone.