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74% of institutional investors likely to divest from companies with poor ESG records: survey

Nearly three-quarters (74 per cent) of institutional investors said they’re more likely to divest from companies with poor environmental, social and governance track records, according…

Copenhagen students win global prize for designing collective DC pension plan

Four undergraduates from the Copenhagen Business School have claimed the top prize at the 2021 McGill International Portfolio Challenge by designing a collective defined contribution…

Caisse investing in Taiwan wind farm, CPPIB in Indonesian logistics venture

Ontario Teachers’ buying stake in U.S. renewable energy portfolio

The Ontario Teachers’ Pension Plan is signing a deal with a subsidiary of NextEra Energy Inc. to buy a 50 per cent stake in a portfolio…

44% of U.S. pension plan sponsors set to review, renegotiate fees: survey

Nearly half (44 per cent) of pension plan sponsors in the U.S. said they intend to review and/or renegotiate their plan’s management fees over the…

  • By: Staff
  • December 1, 2021 December 1, 2021
  • 09:00
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CPPIB-backed fintech stock rebounds after disappointing IPO

Shares in a Canada Pension Plan Investment Board-backed financial technology company have rebounded following a disastrous first week on the Bombay Stock Exchange. In the…

  • By: Staff
  • November 30, 2021 November 30, 2021
  • 09:00
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OMERS committing to net zero, UPP facing divestment calls from university staff

The Ontario Municipal Employees Retirement System is the latest pension plan to commit to net-zero greenhouse gas emissions across its total portfolio by 2050. In…

  • By: Staff
  • November 29, 2021 November 29, 2021
  • 09:00
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Tracking indirect GHG emissions vital for institutional investors, says expert

Institutional investors seeking to reduce their portfolios’ carbon footprint should pay more attention to scope 3 emissions, says Priti Skokeen, head of environmental, social and…

Debate about pension fund’s divesting due to ESG issues heats up in Oregon

Oregon’s state employee retirement fund is coming under increased scrutiny as the U.S. state is facing increased calls for divestment from companies that have environmental,…

Expert panel: Inflation risk — to hedge or not to hedge?

With October inflation hitting an 18-year high, inflation risk is back on the radar of plan sponsors providing inflation-linked defined benefit pensions. In the past,…

Caisse finances loan for mortgage provider, AIMCo enters joint venture to develop industrial site

The Caisse de dépôt et placement du Québec is financing part of a $400 million loan facility to a mortgage brokerage firm. The loan, co-financed…

  • By: Staff
  • November 25, 2021 November 25, 2021
  • 11:45

Ontario Teachers’ appoints Jonathan Hausman to head new global investment strategy department

The Ontario Teachers’ Pension Plan is appointing Jonathan Hausman as senior managing director of its newly created global investment strategy department. The new department aims…

  • By: Staff
  • November 25, 2021 November 24, 2021
  • 09:45

Institutional investors set to increase focus on ESG: survey

Almost two-thirds (62 per cent) of pension funds and other institutional investors expect to increase their focus on environmental, social and governance factors over the…

  • By: Staff
  • November 25, 2021 November 24, 2021
  • 09:00

BCI updates code of ethics, personal conduct to address DEI-related issues

The British Columbia Investment Management Corp. is updating its code of ethics and personal conduct to include a section outlining its expectations from employees around…

  • By: Staff
  • November 23, 2021 November 22, 2021
  • 10:00

Top 5 HR, pension and benefits stories of the week

A story looking at dynamic pension pools as a decumulation option took the top spot over the past week on BenefitsCanada.com. Here are the five most popular…

  • By: Staff
  • November 19, 2021 November 19, 2021
  • 09:05

CBC Pension Plan stays the course with liability-driven investment model

The best ship captains don’t put too much faith in weather forecasts — or those who do tend to see their vessels flounder. Perhaps that’s…

Ohio retirement fund suing Facebook over investment loss

Ohio’s largest public employee pension fund is suing Facebook — now known as Meta — alleging that it broke U.S. federal securities law by purposely misleading…

Automatic features in DC pension plans may benefit members: FSRA

The Financial Services Regulatory Authority of Ontario is encouraging defined contribution pension plan sponsors and administrators to evaluate the use of automatic features within the…

  • By: Staff
  • November 12, 2021 November 11, 2021
  • 09:00

Bâtirente on pace to reach 2025 climate goals

One year into a five-year plan to reduce its investments in greenhouse gas-emitting companies by 50 per cent, the Bâtirente is on pace to reach…

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

2021 Top 50 DC Plans Report: Refreshing pension plans to boost engagement, outcomes

While renovation shows on television tend to take a sledgehammer to every surface in a house for dramatic effect, there’s another way. Defined contribution pension…

HOOPP buys shares in P&C insurance company, Caisse invests in private equity fund

The Healthcare of Ontario Pension Plan and Swiss Re Investments Holding Co. Ltd. are purchasing common shares in a Canadian property and casualty insurance company…

  • By: Staff
  • November 18, 2021 November 18, 2021
  • 15:00

Canadian investors less skeptical of corporate ESG than global average: survey

Nearly three-quarters (72 per cent) of Canadian institutional investors don’t believe companies can be trusted to achieve their stated environmental, social and governance commitments, according…

  • By: Staff
  • November 18, 2021 November 18, 2021
  • 11:55

Norway pension fund divesting from companies tied to weapon production

Norway’s largest pension fund is divesting from 14 companies involved in producing nuclear missiles and other weapons. Oslo-based KLP, which manages more than 300 billion kroner…

AIMCo sees quarterly returns of 1.7 per cent, CPPIB up 3.8 per cent

The Alberta Investment Management Corp. saw returns of 1.7 per cent during the third quarter of 2021, according to its quarterly report. Between July and…

  • By: Staff
  • November 23, 2021 November 24, 2021
  • 09:00

CPPIB refinances packaging company, invests in reinsurance provider alongside OMERS; AIMCo invests in Asian PE fund

The Canada Pension Plan Investment Board is recapitalizing an expanding packaging business. The institutional investor has signed an agreement with the U.S.-based Berlin Packaging, a…

  • By: Staff
  • November 23, 2021 November 22, 2021
  • 09:00

Top 2021 Money Managers Report: What questions should pension plan sponsors ask in 2022?

In the early days of 2020, no one could have foreseen the social and economic havoc the coronavirus pandemic would wreak on the world. Nearly…

  • By: Blake Wolfe
  • November 19, 2021 November 19, 2021
  • 08:53

Sounding Board: How institutional investors can manage the physical risks of climate change

With recent deadly heat waves and wild fires ravaging Canada’s west coast and large-scale flooding in the east, who can ignore the growing risk of…

AIMCo focusing on all three legs of ESG stool: report

The Alberta Management Investment Co. is focusing on all three legs of the environmental, social and governance stool this year and beyond. The government-owned pension…

  • By: Staff
  • November 12, 2021 November 12, 2021
  • 09:00

IMCO committing to net-zero emissions in investment portfolios by 2050

The Investment Management Corp. of Ontario is joining the growing list of asset owners committing to reaching net-zero alignment in their investment portfolios by 2050 through…

  • By: Staff
  • November 11, 2021 November 11, 2021
  • 09:00

Domestic equity returns bolstering Canadian DB pension plan solvency: report

The average Canadian defined benefit pension plan saw improvements on a solvency and accountancy basis in October, according to LifeWorks Inc.’s monthly report. Its monthly…

  • By: Staff
  • November 9, 2021 November 9, 2021
  • 10:00

Coverage of the 2021 Global Investment Conference

Eighteen months after the onset of the coronavirus crisis, the 2021 Global Investment Conference looked at how the uncertain global future will impact pension portfolios.…

2021 GIC coverage: Cutting through the ESG greenwash

In his keynote address at the 2021 Global Investment Conference, Karthik Ramanna, professor of business and public policy at the University of Oxford’s Blavatnik School…

T. Rowe Price buys Oak Hill Advisors, Franklin Templeton buys Lexington Partners

T. Rowe Price Group Inc. is buying Oak Hill Advisors for up to about US$4.2 billion with $3.3 billion payable at closing. The global investment management…

  • By: Staff
  • November 2, 2021 November 2, 2021
  • 14:00

How can pension plan sponsors help women hit their retirement readiness stride?

Preparing financially for retirement is a marathon filled with many obstacles along the way to a constantly shifting finish line. Even in 2021, female employees…

Improving business outcomes top priority for investment organizations focusing on DEI: survey

A third of investment organizations participating in the CFA Institute’s recent diversity, equity and inclusion program said they’ve trained between 81 and 99 per cent…

  • By: Staff
  • September 16, 2021 September 15, 2021
  • 12:00

2021 GIC coverage: A look at the Teachers’ Retirement Allowance Fund’s pandemic balancing act

As places of economic activity, flood plains have their advantages — just ask the ancient Mesopotamians or the staff of the Winnipeg-based Teachers’ Retirement Allowance…

CPPIB invests in European student housing, OMERS buys solar power producer

The Canada Pension Plan Investment Board is part of a new joint venture that’s aiming to be one of the largest student accommodation partnerships in…

  • By: Staff
  • November 4, 2021 November 4, 2021
  • 09:00

Caisse invests in fund for tech companies, IMCO finalizes buyout of U.K. energy company

The Caisse de dépôt et placement du Québec is investing in a fund focused on supporting innovative technology companies. The New York-based White Star Capital,…

  • By: Staff
  • November 1, 2021 November 1, 2021
  • 09:00