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Caisse invests in health-care company, Ontario Teachers’ in Chinese microfinance firm

The Caisse de dépôt et placement du Québec is participating in a $225 million Series D funding round of AlayaCare, a Montreal-based at-home health-care software…

Millennials, gen-Xers hit hardest financially during pandemic: survey

The coronavirus pandemic is financially impacting generation Z, millennials, generation X and baby boomers differently. Canadians from the millennial (22 per cent) and gen-X (25…

  • By: Staff
  • June 24, 2021 June 23, 2021
  • 09:00
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PIAC warns of ‘unintended consequences’ of pension super-priority bill

There could be “unintended consequences” if a bill conferring preferred creditor status to defined benefit pension plan members during bankruptcies passes through Canada’s House of Commons,…

  • By: Staff
  • June 23, 2021 June 23, 2021
  • 13:00
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PIAC urging SEC to adopt broader ESG reporting rules

The Pension Investment Association of Canada is urging the U.S. Securities and Exchange Commission to adopt new rules mandating enhanced disclosures of climate risks and…

  • By: Staff
  • June 22, 2021 June 22, 2021
  • 09:00

Ontario Teachers’ investing in AI-based hiring platform

The Ontario Teachers’ Pension Plan is leading a US$138 million ($172 million) Series C funding round for Beamery Ltd., a company with an artificial intelligence-based…

  • By: Staff
  • June 22, 2021 June 22, 2021
  • 09:00
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PSP reporting 18.4% net return for fiscal 2021

The Public Sector Pension Investment Board is reporting a net return of 18.4 per cent in fiscal 2021. As of March 31, 2021, the PSP…

  • By: Staff
  • June 22, 2021 June 21, 2021
  • 09:00
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BCI, CPPIB and OTPP investments tied to human rights abuses in China, finds watchdog

A report from the U.K.-based watchdog group Hong Kong Watch is criticizing three major Canadian pension funds for investing in Chinese businesses involved in human rights…

Ontario Teachers’ investing in online education platform, plant-based food development company

The Ontario Teachers’ Pension Plan has raised $375 million in a series D funding round for Applyboard Inc., an online platform that connects students to…

  • By: Staff
  • June 17, 2021 June 17, 2021
  • 12:30

Americans still saving via DC plans despite pandemic-fuelled uncertainty: report

Despite the uncertainty wrought by the coronavirus pandemic, Americans are continuing to save for retirement through defined contribution pension plans, according to new data from…

  • By: Staff
  • June 16, 2021 June 16, 2021
  • 15:00

Canada’s largest pension funds come together at inaugural climate change event

Representatives from eight of Canada’s largest pension funds — known as the Maple Eight — participated in the first meeting of the Sustainable Finance Action…

  • By: Staff
  • June 16, 2021 June 17, 2021
  • 09:00

Financial market regulators highlighting focus on DC investment fees

Investment fees led the agenda at the Joint Forum of Financial Market Regulators’ annual meeting last week. This year, the forum engaged externally on investment fees,…

  • By: Staff
  • June 15, 2021 June 14, 2021
  • 15:00

U.S. public sector pension retains top executives despite trustee revolt

Two executives at the Pennsylvania-based Public School Employees Retirement System have survived an effort by trustees to oust them from their positions due to investment…

  • By: Staff
  • June 15, 2021 June 15, 2021
  • 11:00

Canadian pension funds calling for co-ordinated world response to climate crisis

A number of Canadian institutional investors, including the British Columbia Investment Management Corp., the British Columbia Municipal Pension Plan, the Caisse de dépôt et placement…

  • By: Staff
  • June 15, 2021 June 15, 2021
  • 09:00

Decline in bond yields signals market observers to be on ‘inflation watch’: report

The funded position for an average Canadian defined benefit pension plan improved slightly during May, with a solvency of 108.2 per cent, according to a…

  • By: Staff
  • June 10, 2021 June 10, 2021
  • 12:30

UPP appointing first managing director of responsible investing

The University Pension Plan has appointed Brian Minns as its first managing director of responsible investing. Prior to joining the UPP, Minns spent 10 years working…

  • By: Staff
  • June 10, 2021 June 10, 2021
  • 09:15

British Airways appointing outsourced chief investment officer

British Airways is appointing Blackrock Inc. as outsourced chief investment officer for its two defined benefit pension plans. While many U.K.-based pensions have adopted an…

  • By: Staff
  • June 8, 2021 June 8, 2021
  • 12:30

New longevity pension fund offers decumulation option for plan sponsors

Purpose Investments Inc. is introducing a new longevity pension fund, which invests 50 per cent in equities and 50 per cent in fixed income. It…

2021 BPS coverage: How PCL is balancing benefits, pension decisions during coronavirus

With the majority of PCL Construction Ltd.’s workforce continuing to work at its Canada-wide job sites and offices throughout the coronavirus pandemic, the organization’s decisions…

FSRA three-year plan includes pension flexibility, transparency and innovation

The Financial Services Regulatory Authority of Ontario has unveiled its priorities for the next three years, including plans to reshape its supervisory role for the…

  • By: Staff
  • May 31, 2021 May 31, 2021
  • 09:15

UAPP withdrawing $2.7BN public equities portfolio from AIMCo

The Universities Academic Pension Plan is withdrawing control of its $2.7-billlion public equities portfolio from the Alberta Investment Management Corp. The withdrawal comes following ongoing…

Pension plans navigating bumpy road to recovery

Promising vaccine and coronavirus treatment news, coupled with the inauguration of U.S. President Joe Biden, has given markets a glimmer of certainty and optimism this…

CPPIB appoints first chief investment officer

The Canada Pension Plan Investment Board is appointing Edwin Cass as its first-ever chief investment officer. In the new role, he’ll be responsible for total…

  • December 10, 2020 January 22, 2021
  • 18:48

OMERS in equity funding for Swedish battery manufacturer

The Ontario Municipal Employees Retirement System is co-leading a US$2.75 billion ($3.3 billion) private placement to raise equity for Northvolt, a Swedish battery maker. Alongside…

  • By: Staff
  • June 14, 2021 June 14, 2021
  • 08:45

Caisse buying natural gas company, Ontario Teachers’ closing Enwave deal

The Caisse de dépôt et placement du Québec is taking a majority interest of Noverco and its subsidiary Energir, Quebec’s largest natural gas distribution company.…

  • By: Staff
  • June 9, 2021 June 11, 2021
  • 08:45

BCI’s 2020 ESG report highlights sustainable bonds, investment guidelines

The British Columbia Investment Management Corp. is becoming “more intentional about” its ongoing environmental, social and governance efforts in the wake of the coronavirus pandemic, says…

U.S. pension funds supporting changes to Exxon board in battle over climate change

As Exxon Mobil Corp. shareholders continue their bid to force the oil giant to deal more aggressively with climate change, several large U.S. institutional investors are…

University of Waterloo aiming to reach full carbon neutrality of pension, endowment investments by 2040

The University of Waterloo is committing to reducing the carbon footprint of its pension and endowment investment portfolios by 50 per cent by 2030, with…

  • By: Staff
  • June 2, 2021 June 2, 2021
  • 09:00

Value creation may be new cap rate compression in real estate investment

As the era of cap rate compression draws to a close, how can institutional investors maintain the outsized returns they’ve enjoyed for over a decade?…

Canadian ETF market reaches US$189BN in 2020: report

Assets in the Canadian exchange-traded funds market reached US$189 billion in 2020, fuelled by a compound annual growth rate of 25 per cent over the…

BCI developing climate-change, decision-making tools for institutional investors

The British Columbia Investment Management Corp. is partnering with the University of Victoria-led Pacific Institute for Climate Solutions to co-develop decision-making tools and frameworks for…

  • By: Staff
  • April 28, 2021 April 28, 2021
  • 09:00

There’s more pandemic-era punches to come for institutional investors

Mike Tyson’s one liner “Everyone has a plan until they get punched in the mouth” comes to mind when I think of the predicament central…

Desjardins Group to acquire Montreal-based Hexavest

The Desjardins Group is set to acquire Montreal-based investment firm Hexavest Inc. The deal is expected to close on Sept. 1, 2021, subject to certain…

  • By: Staff
  • May 31, 2021 June 1, 2021
  • 15:15

Pension sponsors have fiduciary responsibility to consider climate change: webinar

Canada’s pension plan sponsors have a fiduciary responsibility to consider climate change in their financial decisions, according to Randy Bauslaugh, counsel for pensions and benefits…

Manulife Financial linking executive team goals to climate action

Manulife Financial Corp. is linking its executive team goals to the company’s climate action plan, including committing to a net-zero focus by reducing emissions operationally, adopting sustainable…

  • By: Staff
  • May 11, 2021 May 11, 2021
  • 15:00

CPPIB investing in West Bengal mall, OTPP selling British biscuit company

The Canada Pension Plan Investment Board is investing 5.6 billion Indian rupees (about $93 million) to secure a 49 per cent equity stake in a…

  • By: Staff
  • June 2, 2021 June 2, 2021
  • 16:00

Caisse signs agreement on Indonesian infrastructure investment, acquires more shares in eyecare company

The Caisse de Dépôt et Placement du Québec, the Indonesian Investment Authority, the Abu Dhabi Investment Authority and APG Asset Management have signed a memorandum…

  • By: Staff
  • May 27, 2021 May 27, 2021
  • 12:00

CUPE seeking third-party review of OMERS following 2020 investment losses

The Ontario arm of the Canadian Union of Public Employees is seeking a third-party review of the Ontario Municipal Employees Retirement System’s investment strategies, returns…

  • By: Staff
  • May 25, 2021 May 31, 2021
  • 11:00