Voices of RPIA
8
In Our Firm
EXPANDING OUR RANGE OF SOLUTIONS
In 2025, we launched three new strategies designed to address the unique investing needs of our investors.
Long-duration Institutional Solution Canadian pension plans with long-dated liabilities have always needed to thoughtfully align their assets and liabilities. Many recent asset liability studies have suggested the benefits of a larger fixed income component in an asset mix, thanks in large part to higher interest rates and the elevated valuations of equities. This has prompted many open, “young” plans to add to their fixed income allocation, particularly long-dated corporate bonds. For more mature plans, higher interest rates improved their funded status with many if not most plans now above 100% funded. Many mature plans have sought to “lock in” those gains by investing with more liability awareness – without fully de-risking the plan.
The Canadian pension landscape is evolving yet the tools available for implementing these changes have not kept pace.
The RP Long Term Corporate Bond strategy was built to close that gap by providing Canadian pension plans with a purpose-built, actively managed, long-duration corporate bond solution that aligns with liabilities, diversifies the opportunity set, and seeks to deliver consistent alpha. By combining the discipline of liability-aware investing with the opportunity set and dynamism of active credit selection, this strategy offers a new path forward for Canadian pension plans facing long-duration challenges. The RP Long Term Corporate Bond strategy is designed to deliver excess returns versus the benchmark while respecting a plan’s liability structure. We will deliver these excess returns through investing in CAD and non-CAD credit in a risk-disciplined manner.
Learn more about RP LTCB
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