The real estate arm of the Ontario Municipal Employees’ Retirement System is acquiring a pharmaceutical manufacturing facility in Raleigh, NC. The Oxford Properties Group is…
The 2023 federal budget, which was announced on Tuesday, includes several initiatives related to defined benefit pension plans and the broader institutional investment sector. The…
Over the last year, the number of large Canadian pension funds with commitments to achieving net-zero emissions by 2050 rose from two funds to nine,…
In its 2023 budget on Tuesday, the federal government proposed roughly $13 billion over the next five years and $4.4 billion ongoing to fully implement…
The Canada Pension Plan Investment Board is entering a joint venture focused on providing services to support Brazil’s transition away from fossil fuel reliance. Alongside…
A bill that provides super-priority to defined benefit pension plan members during plan windups or employer bankruptcies is expected to be passed by the Senate…
The Public Sector Pension Investment Board is updating its proxy voting guidelines to communicate its views on sound corporate governance practices and climate change. According…
An article on how British Columbia’s incoming pay transparency legislation could impact employers was the most-read story on BenefitsCanada.com over the last week. Here are…
A resolution to reverse a rule allowing U.S. pension investors to consider environmental, social and governance criteria has been blocked by President Joe Biden. “It…
The Pension Investment Association of Canada is praising the Canadian Association of Pension Supervisory Authorities for addressing the regulatory inconsistencies facing Canada’s defined contribution pension…
When two U.S. banks failed this month, among the investors who lost millions were U.S. public sector pension funds responsible for ensuring the retirements of…
The funded position of a typical Canadian defined benefit pension plan fell slightly on a solvency basis and rose on an accounting basis in February,…
The Canada Pension Plan Investment Board is selling its stake in a scandal-ridden French home care company for €26.1 million — 6.18 per cent of the…
The market value of assets held by Canadian trusteed pension funds rose 2.3 per cent in the third quarter of 2022, hovering around $2.1 trillion, according…
The Healthcare of Ontario Pension Plan is reporting an annual return of negative 8.6 per cent for 2022, citing declines in equities and fixed income…
Despite many institutional investors pressing pause on their real estate activities in the early days of the coronavirus pandemic, those that keep calm and carry…
Demand for international pensions and savings vehicles is continuing to grow as employers try to optimize their benefits packages for different groups within their global…
Defined contribution pension plan providers and advisors say plan sponsors should offer and support in-plan decumulation options, according to a new survey by PIMCO Canada…
Bâtirente’s diversified funds lost between 5.7 per cent and 8.6 per cent in 2022 as a result of tumultuous conditions in the global economy, according…
Traditionally, Chinese workers have relied on two pillars of income in retirement — the basic state pension and employer-sponsored plans open to employees in certain…
The OPSEU Pension Trust finished 2022 with net assets of $24.642 billion, down 2.2 per cent from the previous year, according to its latest annual…
The Canada Pension Plan Investment Board is jointly acquiring an experience management software provider. The CPPIB and Silver Lake, a private equity firm, will acquire…
An article on how working mothers are struggling with work-life balance was the most-read story on BenefitsCanada.com over the last week. Here are the five most…
The Ontario Municipal Employees’ Retirement System is reinvesting in a U.K.-based online mental health-care company. The OMERS participated in a funding round that raised £20…
The Ontario Teachers’ Pension Plan is reporting a total fund net return of four per cent for 2022, driven by strong returns from private equity…
The answer is complicated because environmental, social and governance investing is a relatively new risk, not all ESG factors are material for every industry and…
The Healthcare of Ontario Pension Plan is enhancing its climate change strategy to achieve net-zero emissions in its portfolio by 2050. By 2025, the HOOPP…
Investment teams in the top quartile of gender diversity outperform the bottom quartile by 45 basis points yearly in terms of net excess returns, according…
A new report is calling on Canada to develop a sustainable finance taxonomy in order for it to reach its carbon emissions targets. “Many countries…
Marlene Puffer, chief investment officer of the Alberta Investment Management Corp., believes many public market asset classes are under-priced as a result of inflation and…
Global pension assets fell 16.7 per cent to US$47.9 trillion in 2022, driven largely by a correction in fixed income and equities markets, according to a…
MVF is supporting its multinational workforce amid rising inflation with a new cost-of-living benefit. The U.K.-based marketing company introduced the new benefit last October, after…
The average solvency ratio of Canadian defined benefit pension plans grew by 10 per cent in 2022, according to a new report by Mercer Canada.…
Arthur J. Gallagher & Co. is acquiring BCHR Holdings — also known as Buck — for US$660 million. Through the agreement, Gallagher will expand its…
To bolster Alaska’s public sector, a bipartisan effort is underway to relaunch the state’s pensions as defined benefit plans. “I’m carrying this bill on behalf…
The Canada Pension Plan Investment Board is acquiring a 49 per cent stake in one of California’s leading fossil fuel producers. The CPPIB is securing…
What’s the right definition of risk in financial markets? Finding the answer to this question has become even more important because the number of retail…
The robots of the near-future won’t replace people, but will free them to focus on what they do best — empathizing, communicating and innovating, said…
Climate change presents an ongoing challenge to institutional investors’ allocations to domestic corporate bond, according to Soami Kohly, fixed income portfolio manager at MFS Investment…
Emerging market economies with strong domestic structural growth stories are likely to thrive in the next 10 years, said Alexis Freyeisen, investment strategist for emerging…