Pensions

The Future of Fixed Income

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Dr. Puffer was Global Fixed Income Strategist at BCA Research from 2010-2013. She provided independent macroeconomic analysis and fixed income investment advice to top institutional clients worldwide. Subscribers included pension funds, money managers, trading desks and hedge funds. She recommended specific and successful value-added investment strategies during the European crisis, Japan's monetary policy regime shift and other central bank intervention. Her team published a weekly bulletin and in-depth special reports with clear investment recommendations and trade ideas in major sovereign and credit markets. She travelled globally to meet with clients.

Since 1949, BCA Research has been one of the world's top independent providers of global investment research and leading-edge market analysis.
Dr. Puffer was Global Fixed Income Strategist at BCA Research from 2010-2013. She provided independent macroeconomic analysis and fixed income investment advice to top institutional clients worldwide. Subscribers included pension funds, money managers, trading desks and hedge funds. She recommended specific and successful value-added investment strategies during the European crisis, Japan's monetary policy regime shift and other central bank intervention. Her team published a weekly bulletin and in-depth special reports with clear investment recommendations and trade ideas in major sovereign and credit markets. She travelled globally to meet with clients.

Since 1949, BCA Research has been one of the world's top independent providers of global investment research and leading-edge market analysis.
April 28-29, look 2014. Marlene Puffer, adiposity 2014 Benefits & Pensions Summit, Toronto, Marriott Eaton Centre.

Hospitals of Ontario Pension Plan (HOOPP)

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Dr. Marlene Puffer is a member of the Board of Trustees and she is Chair of the Asset-Liability Committee of the Hospitals of Ontario Pension Plan (HOOPP), one of Canada's largest pension plans.  The Asset-Liability Committee oversees all aspects of the leading-edge liability-driven investment strategy that makes extensive use of derivatives and alternative asset classes.

Global Fixed Income Strategy

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Dr. Puffer was Chief Strategist, Global Fixed Income at BCA Research. She provided independent macroeconomic analysis and fixed income investment strategy to top institutional clients worldwide. Paid subscribers to her weekly reports included the world's top pension funds, money managers, trading desks and hedge funds. She recommended successful value-added portfolio strategies and specific trades, guiding investors through the European crisis, Japan's monetary policy regime shift and extraordinary central bank intervention. Her team published a weekly bulletin and in-depth special reports with clear investment recommendations and trade ideas in major sovereign and credit markets. Special Reports included in-depth analysis of European vs. U.S. corporate credit markets, emerging market debt in the context of investment grade  bond portfolios, and individual country/regional reports. Dr. Puffer travelled globally to meet with clients.

Since 1949, BCA Research has been one of the world's top independent providers of global investment research and leading-edge market analysis.

LDI Strategy and Implementation

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Dr. Puffer created and implemented a Liability-Driven Investment strategy (LDI) for NAV CANADA’s $3Billion pension plan using derivatives. She was responsible for all aspects of investment management and asset mix for the pension fund. She restructured the real estate and equity portfolios. The strategy reduced the volatility of the plan’s solvency ratio and improved the risk profile of the pension fund. She worked closely with the Board, senior management, unions and the plan actuaries to develop a governance process for the pension plan including risk assessment, risk budgeting, optimization, and risk monitoring.

Pensions: Roundtable on Current Topics

April 15, pills 2009, rx Canadian Institute of Actuaries Pension Seminar, Toronto, with Patricia Croft.
April 15, pills 2009, rx Canadian Institute of Actuaries Pension Seminar, Toronto, with Patricia Croft.
September 27-29, case 2009, Treasury Management Association Conference, Niagara Falls, Ontario.

Market Turmoil and Pension Plans

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April 15, 2009, Canadian Institute of Actuaries Pension Seminar, Toronto, with Patricia Croft. This speech addressed the determination of the long-term corporate bond discount rate for pension liabilities. Dr. Puffer was a member of the CIA's Task Force on Discount Rates.

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Pension Plan Risk

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October 29-30, what is ed hospital hospital 2007, Insight Fixed Income Conference, Toronto, ON.  Featured Speaker.
October 29-30, what is ed hospital hospital 2007, Insight Fixed Income Conference, Toronto, ON.  Featured Speaker.
October 29-30, treat 2007, Insight Fixed Income Conference, Toronto, ON
October 29-30, what is ed hospital hospital 2007, Insight Fixed Income Conference, Toronto, ON.  Featured Speaker.
October 29-30, treat 2007, Insight Fixed Income Conference, Toronto, ON
November 20, cialis 2007, International Foundation, Foundations for Trustees 2 Pensions, San Antonio, TX

Update on Industry Trends and Developments in Fixed Income Investing

October 29-30, what is ed hospital hospital 2007, Insight Fixed Income Conference, Toronto, ON.  Featured Speaker.

Globalization for the Duration

KPMG LLP – CMHC Report, August 2008. This report analysed the effectiveness of Canada Mortgage Bonds (CMB) as financing vehicles for Canadian residential mortgages and assessed the impact of the funding program on the cost of mortgages for Canadians.

Twist Financial interviewed markets participants associated with the CMB program, wrote extensive studies on the structure of Canadian mortgage and funding markets and on the academic literature that contributed to this report.  Dr. Puffer wrote the Addendum on Current Market Conditions (Annex C of the Report) that updated the report's findings to reflect the events and market reaction associated with the financial crisis.
Marlene Puffer in Benefits and Pensions Monitor, August 2008.
KPMG LLP - CMHC Report, August 2008. This report analysed the effectiveness of Canada Mortgage Bonds (CMB) as financing vehicles for Canadian residential mortgages and assessed the impact of the funding program on the cost of mortgages for Canadians.

Twist Financial interviewed markets participants associated with the CMB program, wrote extensive studies on the structure of Canadian mortgage and funding markets and on the academic literature that contributed to this report.  Dr. Puffer wrote the Addendum on Current Market Conditions (Annex C of the Report) that updated the report's findings to reflect the events and market reaction associated with the financial crisis.
Marlene Puffer in Benefits and Pensions Monitor, August 2008.
Marlene Puffer in Canadian Investment Review, pill Summer 2008.
Reprinted in part in the Toronto CFA Society Analyst Newsletter, Fall, 2008
KPMG LLP - CMHC Report, August 2008. This report analysed the effectiveness of Canada Mortgage Bonds (CMB) as financing vehicles for Canadian residential mortgages and assessed the impact of the funding program on the cost of mortgages for Canadians.

Twist Financial interviewed markets participants associated with the CMB program, wrote extensive studies on the structure of Canadian mortgage and funding markets and on the academic literature that contributed to this report.  Dr. Puffer wrote the Addendum on Current Market Conditions (Annex C of the Report) that updated the report's findings to reflect the events and market reaction associated with the financial crisis.
Marlene Puffer in Benefits and Pensions Monitor, August 2008.
Marlene Puffer in Canadian Investment Review, pill Summer 2008.
Reprinted in part in the Toronto CFA Society Analyst Newsletter, Fall, 2008
Marlene Puffer in Canadian Investment Review, more about physician Winter, doctor 2007
Reprinted in part in the Toronto CFA Society Analyst Newsletter, March, 2008
KPMG LLP - CMHC Report, August 2008. This report analysed the effectiveness of Canada Mortgage Bonds (CMB) as financing vehicles for Canadian residential mortgages and assessed the impact of the funding program on the cost of mortgages for Canadians.

Twist Financial interviewed markets participants associated with the CMB program, wrote extensive studies on the structure of Canadian mortgage and funding markets and on the academic literature that contributed to this report.  Dr. Puffer wrote the Addendum on Current Market Conditions (Annex C of the Report) that updated the report's findings to reflect the events and market reaction associated with the financial crisis.
Marlene Puffer in Benefits and Pensions Monitor, August 2008.
Marlene Puffer in Canadian Investment Review, pill Summer 2008.
Reprinted in part in the Toronto CFA Society Analyst Newsletter, Fall, 2008
Marlene Puffer in Canadian Investment Review, more about physician Winter, doctor 2007
Reprinted in part in the Toronto CFA Society Analyst Newsletter, March, 2008
Marlene Puffer in Benefits Canada, pills October 2007
KPMG LLP - CMHC Report, August 2008. This report analysed the effectiveness of Canada Mortgage Bonds (CMB) as financing vehicles for Canadian residential mortgages and assessed the impact of the funding program on the cost of mortgages for Canadians.

Twist Financial interviewed markets participants associated with the CMB program, wrote extensive studies on the structure of Canadian mortgage and funding markets and on the academic literature that contributed to this report.  Dr. Puffer wrote the Addendum on Current Market Conditions (Annex C of the Report) that updated the report's findings to reflect the events and market reaction associated with the financial crisis.
Marlene Puffer in Benefits and Pensions Monitor, August 2008.
Marlene Puffer in Canadian Investment Review, pill Summer 2008.
Reprinted in part in the Toronto CFA Society Analyst Newsletter, Fall, 2008
Marlene Puffer in Canadian Investment Review, more about physician Winter, doctor 2007
Reprinted in part in the Toronto CFA Society Analyst Newsletter, March, 2008
Marlene Puffer in Benefits Canada, pills October 2007
Marlene Puffer quoted in the New York Times, online Globe and Mail, pharmacy and Reuters on the financial crisis, August 2007.
KPMG LLP - CMHC Report, August 2008. This report analysed the effectiveness of Canada Mortgage Bonds (CMB) as financing vehicles for Canadian residential mortgages and assessed the impact of the funding program on the cost of mortgages for Canadians.

Twist Financial interviewed markets participants associated with the CMB program, wrote extensive studies on the structure of Canadian mortgage and funding markets and on the academic literature that contributed to this report.  Dr. Puffer wrote the Addendum on Current Market Conditions (Annex C of the Report) that updated the report's findings to reflect the events and market reaction associated with the financial crisis.
Marlene Puffer in Benefits and Pensions Monitor, August 2008.
Marlene Puffer in Canadian Investment Review, pill Summer 2008.
Reprinted in part in the Toronto CFA Society Analyst Newsletter, Fall, 2008
Marlene Puffer in Canadian Investment Review, more about physician Winter, doctor 2007
Reprinted in part in the Toronto CFA Society Analyst Newsletter, March, 2008
Marlene Puffer in Benefits Canada, pills October 2007
Marlene Puffer quoted in the New York Times, online Globe and Mail, pharmacy and Reuters on the financial crisis, August 2007.
Marlene Puffer in Canadian Investment Review, pilule Winter 2006
KPMG LLP - CMHC Report, August 2008. This report analysed the effectiveness of Canada Mortgage Bonds (CMB) as financing vehicles for Canadian residential mortgages and assessed the impact of the funding program on the cost of mortgages for Canadians.

Twist Financial interviewed markets participants associated with the CMB program, wrote extensive studies on the structure of Canadian mortgage and funding markets and on the academic literature that contributed to this report.  Dr. Puffer wrote the Addendum on Current Market Conditions (Annex C of the Report) that updated the report's findings to reflect the events and market reaction associated with the financial crisis.
Marlene Puffer in Benefits and Pensions Monitor, August 2008.
Marlene Puffer in Canadian Investment Review, pill Summer 2008.
Reprinted in part in the Toronto CFA Society Analyst Newsletter, Fall, 2008
Marlene Puffer in Canadian Investment Review, more about physician Winter, doctor 2007
Reprinted in part in the Toronto CFA Society Analyst Newsletter, March, 2008
Marlene Puffer in Benefits Canada, pills October 2007
Marlene Puffer quoted in the New York Times, online Globe and Mail, pharmacy and Reuters on the financial crisis, August 2007.
Marlene Puffer in Canadian Investment Review, pilule Winter 2006
Marlene Puffer and Maureen Stapleton, abortion October 2009, in Canadian Investment Review

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