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CPPIB appointing Suyi Kim as global head of private equity

The Canadian Pension Plan Board is appointing Suyi Kim as senior managing director and global head of private equity, effective September 15. In the new…

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FSRA issuing guidance on pension plan administrator responsibilities

The Financial Services Regulatory Authority of Ontario is releasing final interpretation guidance to support the role and responsibilities of pension plan administrators. The guidance, an updated…

  • By: Staff
  • July 30, 2021 July 29, 2021
  • 09:00

Institutional investors’ interest in digital assets on the rise: survey

The majority (71 per cent) of institutional investors expect to add digital assets to their investment portfolios within the next five years, according to a…

  • By: Staff
  • July 29, 2021 July 29, 2021
  • 12:25
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More plan sponsors meeting members’ retirement goals in 2021: survey

A majority (72 per cent) of plan sponsors believe their retirement savings plan is meeting its goals this year, up from roughly 66 per cent…

  • By: Staff
  • July 29, 2021 July 29, 2021
  • 09:00

Ontario Teachers’, PSP, IMCO investing in net-zero fund, Caisse in medtech fund

Three of Canada’s largest pension funds are investing in a new fund focused on the global transition to a net-zero economy. The Brookfield Global Transition…

  • By: Staff
  • July 28, 2021 July 28, 2021
  • 15:00

Investors have role in advancing reconciliation with Indigenous peoples, says report

Institutional investors have a role to play in reconciling Canada with Indigenous people, says a new report by the Reconciliation and Responsible Investment Initiative. “With…

BCI returns 16.5% and increases AUM in fiscal 2021: annual report

The British Columbia Investment Management Corp. returned 16.5 per cent for its combined pension plan clients and increased its assets under management from $171.3 billion…

  • By: Staff
  • July 27, 2021 July 26, 2021
  • 12:00

UPP selects CIBC Mellon for investment operations, pension plan member services

The University Pension Plan has selected CIBC Mellon to provide asset servicing, investment operations and plan member services, including custody, institutional accounting, performance and analytics, risk,…

  • By: Staff
  • July 27, 2021 July 26, 2021
  • 09:00

Aon, Willis Towers Watson call off proposed merger

Aon and Willis Towers Watson have agreed to terminate their proposed merger and end litigation with the U.S. Department of Justice. The merger, which was…

  • By: Staff
  • July 26, 2021 July 26, 2021
  • 12:00

Canadian pension returns up during Q2, buoyed by global equities: reports

As global equities overcame inflationary fears and continued an upward trend, Canadian pension plan investment returns increased during the second quarter of 2021, with the…

  • By: Staff
  • July 26, 2021 July 26, 2021
  • 09:15

Cryptocurrency sentiment growing bearish, finds survey

Canadian investors and advisors were skeptical about cryptocurrency in the second quarter of 2021, according to a new quarterly survey by Horizons ETF Management Inc.…

  • By: Staff
  • July 22, 2021 July 23, 2021
  • 12:30

CPPIB investing in Canadian AI, PSP in gene-editing software company

The Canadian Pension Plan Investment Board is investing in a Toronto-based artificial intelligence company. The CPPIB entered a $125 million funding round for a Untether AI…

  • By: Staff
  • July 22, 2021 July 22, 2021
  • 12:00

64% of DC plan sponsors looking to improve financial wellness programs: survey

The majority (64 per cent) of consulting and advisory firms said their plan sponsor clients are looking to improve financial wellness programs, according to a…

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

Expert panel: How is cryptocurrency impacting institutional investors’ portfolios?

Whether institutional investors welcome it — or even realize it — cryptocurrency is having an impact on their portfolios. The immense size of the crypto…

University Pension Plan tackling ESG issues by joining 30% Club, CCGG and SHARE

The newly minted University Pension Plan is tackling environmental, social and governance issues head on by partnering with the 30% Club, Canadian Coalition for Good…

DB pension interest in fixed income grew in 2020, finds PIAC asset mix report

Members of the Pension Investment Association of Canada saw their managed assets grow by 7.4 per cent in 2020, according to a new report. In…

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

Meet the judges of the 2021 Workplace Benefits Awards

With the 2021 Workplace Benefits Awards’ nomination process drawing to a close in a couple of weeks, Benefits Canada is pleased to announce this year’s…

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

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

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

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

CPPIB enters U.S. office co-investment deal, Japanese data centre joint venture

The Canadian Pension Plan Investment Board is entering a co-investment partnership with the Government of Singapore Investment Corp. and Boston Properties Inc. to acquire $1 billion…

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

CPPIB invests in India’s top e-commerce company, Caisse in India’s bio-tech labs

The Canada Pension Plan Investment Board is investing $1 billion in Amazon.com Inc.’s chief rival in the Indian e-commerce sector. The Flipkart Group, which was founded in…

  • By: Staff
  • July 13, 2021 July 12, 2021
  • 08:50

CPPIB sells energy company stake to Ontario Teachers’, Caisse enters joint venture to finance real estate developments

The Canada Pension Plan Investment Board has reached a deal to sell half of its shares of a Washington-based energy company to the Ontario Teachers’…

  • By: Staff
  • July 8, 2021 July 9, 2021
  • 11:00

Expert panel: Understanding the changing legal climates for institutional investors

In case you missed it, a recent legal opinion by pension lawyer Randy Bauslaugh suggested plan sponsors might be personally liable for failing to consider…

ESG investing and human rights: “Ignorance is no longer an excuse”

It’s a welcome development that so many pension fund managers are increasingly preoccupied with the ethical implications of their investments and incorporating data to ensure…

Nova Scotia’s PSSP sees 15.75% return: annual report

Nova Scotia’s Public Service Superannuation Plan saw a 15.75 per cent return net of investment fees for the fiscal year 2020/21, generating $1 billion in…

  • By: Staff
  • June 30, 2021 June 30, 2021
  • 15:00

Volitility, high inflation to be expected during coronavirus recovery, says Bank of Canada

Canada’s economy will undergo volatility and inflationary acceleration as the nation recovers from the coronavirus pandemic, warns the governor of the Bank of Canada. “The process…

  • By: Staff
  • July 15, 2021 July 15, 2021
  • 13:00

Canadian DB pensions’ funding positions improve in June as bond returns level off: report

The funded position for an average Canadian defined benefit pension plan improved slightly on both a solvency and accounting basis in June, according to a new…

  • By: Staff
  • July 9, 2021 July 9, 2021
  • 15:00

Canadian DB pensions see improved funded position, investment returns: reports

The aggregate funded ratio for Canadian defined benefit pension plans in the S&P/TSX composite index increased from 94.8 per cent in the first quarter of…

  • By: Staff
  • July 5, 2021 July 2, 2021
  • 09:00

CFA’s ESG standards could facilitate greenwashing, warns IFIC

The Chartered Financial Analyst Institute’s draft voluntary environmental, social and governance disclosure standards are vulnerable to greenwashing, warns the Investment Funds Institute of Canada. In…

BCI names Ramy Rayes interim EVP, investment strategy and risk

The British Columbia Investment Management Corp. is appointing Ramy Rayes as acting executive vice-president of investment strategy and risk. Rayes, who joined the BCI in…

  • By: Staff
  • July 19, 2021 July 20, 2021
  • 15:00

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 24, 2021
  • 09:00

UTAM naming Chuck O’Reilly as new president, CIO

The University of Toronto Asset Management Corp. is appointing Chuck O’Reilly as its next president and chief investment officer. O’Reilly, the UTAM’s senior portfolio manager…

  • By: Staff
  • July 6, 2021 July 6, 2021
  • 15:00

CPPIB, AIMCo re-invest in telecom infrastructure giant, BCI in logistics firm

The Canada Pension Plan Investment Board and the Alberta Investment Management Corp. are together investing $2.4 billion in the Australian digital infrastructure company BAI Communications…

  • By: Staff
  • June 29, 2021 June 30, 2021
  • 10:00

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…

  • By: Staff
  • June 24, 2021 June 23, 2021
  • 10:30