Almost all distributors now distribute emerging market and high yield bonds in addition to money market, domestic bonds and global bonds.

Distributors ultimately only recommend a handful of funds which their sales-people focus on.

Canadian institutional investors plan to increase real estate and infrastructure allocations further, likely at the expense of domestic equities.

Over 60% of corporate pension funds have closed the primary plan to new employees in an effort to reduce future liabilities.

The majority of investors continue to prefer structuring portfolios by traditional asset classes vs. a risk bucket approach.

Corporate funds clearly intend to further de-risk portfolios, predicting increases to fixed income and decreases to equities.

In corporate DC plans, the proportion of assets in target date funds has nearly tripled since 2008.

The largest corporate plans lead the allocation out of U.S. equities.

Public pension plans and endowments and foundations have been and are expected to be most active in hiring of managers.

Shifts to specialty products are driving average fixed income fee levels upwards for the second consecutive year.