
Franklin Templeton to acquire Putnam Investments
Franklin Templeton is entering into a definitive agreement to acquire Putnam Investments from Great-West Lifeco Inc. for about US$925 million. As part of the agreement,…
Franklin Templeton is entering into a definitive agreement to acquire Putnam Investments from Great-West Lifeco Inc. for about US$925 million. As part of the agreement,…
The Canada Pension Plan Investment Board’s latest annual report greenwashes its investment strategies, according to Shift Action for Pension Wealth and Planet Health. “[A close…
The Alberta Investment Management Corp. is appointing Kevin Bong as chief investment strategist and head of Singapore, effective Aug. 14. In the new role, he’ll…
The Colleges of Applied Arts and Technology pension plan is appointing Karen Lockridge as director of responsible investing. In the new role, she’ll be responsible…
In recent years, adaptive reuse strategies — which transform an existing structure to allow it to serve a new purpose — have become popular in…
U.S. defined benefit pension plans posted net returns of 4.47 per cent in the first quarter of 2023, according to a report from Investment Metrics…
At the best of times, selecting an optimal asset mix for a defined benefit pension plan is challenging. The times of today are downright turbulent.…
As Canada’s largest residential real estate investment trusts drive up the country’s rental property prices through evictions and renovations, these moves highlight institutional investors’ human…
The Caisse de dépôt et placement du Québec is selling its stake in a Quebec-based automotive aftermarket equipment manufacturer. Last week, Uni-Select Inc., which manufactures…
Wells Fargo has agreed to a pay US$1 billion to settle a lawsuit filed by its two public sector pension plans who alleged the bank…
A typical Canadian defined benefit pension plan’s funded position improved on a solvency basis and decreased on an accounting basis in April as a result…
The median Canadian defined benefit pension plan’s investments returned 4.2 per cent during the first quarter of 2022, according to a new report by Northern Trust…
The majority (61 per cent) of global institutional investors are considering increasing their allocations to exchange-traded funds in the next year, down significantly from 82…
The Canada Pension Plan Investment Board is supporting an effort to spin off the steel-making side of an investee mining company despite previously saying it…
The British Columbia Investment Management Corp. is leveraging its size and influence to drive environmental, social and governance improvements across its portfolio, according to the…
Most institutional investors say they’ve increased their reliance on content from social media in the investment decision-making process after adopting hybrid working environments, according to…
The average Canadian pension plan’s funded ratio reached 120 per cent as of March 31, 2023, up one per cent over the quarter, while the average…
The Ontario Pension Board is announcing its plans for managing the coming departures of two of its top executives — Mark Fuller, president and chief…
As countries seek to reach net-zero carbon emissions targets by 2050, demand for buildings to be retrofit to improve energy efficiency will more than double,…
The College of Arts and Technology pension plan’s assets dropped 2.3 per cent while its funded ratio on a going-concern basis remained at 124 per…
The funded position of a typical Canadian defined benefit pension plan improved on a solvency and accounting basis in March, according to a new report…
As world markets contend with supply chain issues stemming from climate change, the coronavirus pandemic and Russia’s invasion of Ukraine, environmental, social and governance considerations…
In 2018, the British Columbia Investment Management Corp. adopted a centralized trading framework. The program, which brought together global derivatives and trading with almost $35…
The International Monetary Fund is altering its expectations for global economic growth and inflation in 2023. During a recent press conference, the United Nation’s financial agency…
The Investment Management Corp. of Ontario is reporting that the weighted average net return of its clients’ portfolios was negative 8.1 per cent for the year ended Dec.…