Home Investments
CIR news

Top Stories in Investments

79907217-123rf

OMERS buying U.S. bio-manufacturing facility, Ontario Teachers’ acquiring Australian produce seller

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…

Copyright_marcbruxelle_123RF

What’s in the federal budget for DB pension plans, institutional investors?

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…

  • By: Staff
  • March 30, 2023 March 30, 2023
  • 12:00

Report finds more Canadian pension funds committing to net-zero emissions by 2050

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,…

  • By: Staff
  • March 30, 2023 March 29, 2023
  • 09:00
Copyright_rambleon_123RF

Enhanced national dental plan to require reporting of employer-provided coverage: budget

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…

  • By: Staff
  • March 29, 2023 March 29, 2023
  • 09:00
Caisse investing in Taiwan wind farm, CPPIB in Indonesian logistics venture

CPPIB-backed green energy service provider launching in Brazil

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…

  • By: Staff
  • March 28, 2023 March 28, 2023
  • 12:30
Copyright_marcbruxelle_123RF

Pension super-priority bill likely to pass Senate vote this week

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…

25155431-123RF

PSP Investments focusing on climate change in updated proxy voting guidelines

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…

  • By: Staff
  • March 27, 2023 March 24, 2023
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

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…

  • By: Staff
  • March 24, 2023 March 23, 2023
  • 09:00
33965123-123rf

Biden vetos resolution to bar ESG investing in state pensions

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…

  • By: Staff
  • March 23, 2023 March 22, 2023
  • 12:30

PIAC praising CAPSA’s strategic plan for addressing regulatory inconsistency

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…

  • By: Staff
  • March 23, 2023 March 23, 2023
  • 12:30
Copyright_unitysphere_123RF

U.S. bank failures have minimal impact on public pension plans: experts

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…

Canadian DB pension plan solvency down 0.7% in February: report

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,…

  • By: Staff
  • March 21, 2023 March 21, 2023
  • 12:30
84897190-123rf

CPPIB sells stake in French home care company; Ontario court gives retailer protection to Caisse, OMERS, OTPP as Nordstrom leaves Canada

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…

  • By: Staff
  • March 21, 2023 March 21, 2023
  • 12:30

Trusteed pension funds’ assets valued $2.1T in Q3: StatsCan

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…

  • By: Staff
  • March 21, 2023 March 21, 2023
  • 09:00

HOOPP returns -8.6% for 2022, citing declines in equities, fixed income

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…

  • By: Staff
  • March 20, 2023 March 20, 2023
  • 09:00

Innovation, diversification in real estate sector taking institutional investors across the finish line

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 pension, savings plans on the rise: survey

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…

  • By: Staff
  • March 9, 2023 March 7, 2023
  • 09:00

DC pension plan providers, advisors agree employers should offer, support in-plan decumulation options: survey

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…

  • By: Staff
  • March 6, 2023 March 8, 2023
  • 09:00

Bâtirente’s diversified funds lost between 5.7% and 8.6% in 2022

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…

  • By: Staff
  • March 2, 2023 March 2, 2023
  • 12:00

A look at China’s private pension pilot project

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…

OPTrust posts 2.2% net losses in 2022, remains fully funded

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…

CPPIB jointly acquiring cloud-based software company, OMERS subsidiary entering debt financing agreements

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…

  • By: Staff
  • March 14, 2023 March 14, 2023
  • 12:30

Top 5 HR, benefits, pension and investment stories of the week

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…

  • By: Staff
  • March 17, 2023 March 16, 2023
  • 09:00

OMERS reinvesting in U.K. mental health-care provider, Ontario Teachers’ securing minority stake in mining company

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…

  • By: Staff
  • March 16, 2023 March 16, 2023
  • 12:30

Ontario Teachers’ returns 4% for 2022, driven by private equity, inflation-sensitive investments

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…

  • By: Staff
  • March 15, 2023 March 14, 2023
  • 09:00

Head to head: Does ESG investing actually enhance returns?

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…

HOOPP enhancing climate strategy to achieve net zero by 2050

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…

  • By: Staff
  • March 14, 2023 March 13, 2023
  • 09:00

Report finds diverse asset managers linked to higher investment returns

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…

  • By: Staff
  • March 13, 2023 March 9, 2023
  • 09:00

Government advisory group urges Canada to develop sustainable finance taxonomy

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…

  • By: Staff
  • March 7, 2023 March 7, 2023
  • 12:00

AIMCo sees ‘silver lining’ to higher inflation, interest rates

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…

  • By: Staff
  • February 23, 2023 March 1, 2023
  • 12:00

Canada has third largest share of global pension wealth for the first time: report

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…

  • By: Staff
  • February 23, 2023 February 23, 2023
  • 09:00

MVF supporting employees’ financial wellness needs through new cost-of-living benefit

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…

Canadian DB pension plan solvency ratios up 10% in 2022: report

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.…

  • By: Staff
  • January 3, 2023 January 3, 2023
  • 13:00

Gallagher acquiring Buck for US$660 million

Arthur J. Gallagher & Co. is acquiring BCHR Holdings — also known as Buck — for US$660 million. Through the agreement, Gallagher will expand its…

  • By: Staff
  • December 21, 2022 December 20, 2022
  • 09:00

Alaska considering return to DB pension model in public sector

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…

  • By: Staff
  • March 16, 2023 March 15, 2023
  • 12:00

CPPIB acquiring stake in fossil fuel producer, Caisse investing in habitat restoration company

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…

  • By: Staff
  • March 7, 2023 March 7, 2023
  • 12:30

Expert panel: Defining risk depends on investing horizon

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…

2022 IIC coverage: How the pandemic kickstarted an automation revolution

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…

2022 IIC coverage: Navigating the complexities of ESG in fixed income

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…

2022 IIC coverage: Finding differentiated sources of growth and alpha in emerging markets

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…