Average DB discount rate dipped 0.5% in 2021: report
The average discount rate used by Canadian defined benefit pension plans at the end of 2021 was 0.5 per cent higher than the previous year,…
- By: Staff
- December 6, 2022 December 6, 2022
- 12:09
The average discount rate used by Canadian defined benefit pension plans at the end of 2021 was 0.5 per cent higher than the previous year,…
The Alberta Investment Management Corp.’s total financed carbon dioxide emissions fell nine per cent in 2021, according to its annual climate disclosure. According to figures…
The world’s 100 largest asset managers grossed US$25.7 trillion in assets under management as of Dec. 31, 2021, up nine per cent from the previous…
A deal for the Royal Bank of Canada to absorb HSBC Bank Canada for $13.5 billion is good news for pension plans, said Dave McKay,…
The Public Sector Pension Investment Board is acquiring a portfolio of vineyards in Australia. According to the terms of the deal reached with Casella Family Brands, the…
The Ontario Teachers’ Pension Plan is acquiring a stake in a U.K. renewable electricity network. According to the terms of an agreement with Scottish and…
The Investment Management Corp. of Ontario is revealing interim carbon reduction targets for 2030. The investment organization is planning to halve its $79 billion portfolio’s…
Nine Canadian public sector pension plans are passively invested in companies with evidenced involvement in the persecution of Uyghurs in China, according to a new…
In its fall economic statement, the Ontario government said it will ask stakeholders to provide feedback this winter on a draft framework for target-benefit pension…
The University Pension Plan is appointing Brian Gill as its chief technology officer. In the new role, Gill will oversee the teams responsible for the…
The Canada Pension Plan Investment Board’s assets returned 0.2 per cent during the second quarter of fiscal 2023, according to its latest quarterly report. By…
The Ontario Teachers’ Pension Plan is facing losses from an investment in a cryptocurrency exchange that filed for bankruptcy on Nov. 11. The pension fund invested…
The Public Sector Pension Investment Board is revealing details about its responsible investment strategy in a new report. PSP Investment’s responsible investment report highlights its…
Canada’s defined benefit pension plans aren’t taking full advantage of regenerative agriculture practices, says Shidan Gouran, founder and chairman of Bluesphere Carbon, a New York-based…
A joint venture involving the Canada Pension Plan Investment Board is investing in a hotel in Rome. The acquisition of the W Rome is part…
The Canada Pension Plan Investment Board is appointing Richard Manley as its chief sustainability officer. In the role, Manley will lead the team responsible for…
The number of global indexes increased 4.43 per cent this year, led by environmental, social and governance indexes, which grew to new records, according to…
Canadian defined benefit pension plans saw a median return of 0.27 per cent for the third quarter of 2022 amid a challenging economic environment, according…
Canadian pension plan investments saw very modest gains in the third quarter of 2022 as both stock and bond markets responded favourably to the pace…
The Caisse de dépôt et placement du Québec is investing a potential US$339 million in a renewable energy company in Japan. According to a press…
The OPSEU Pension Trust is enhancing its climate change strategy to successfully navigate the global transition toward net-zero emissions. The pension fund’s priorities include updating climate…
A popular method for tracking a business’ carbon footprint over time creates the illusion of increased efficiency during periods of high inflation, warns Sudhir Roc-Sennett,…
The world’s 500 largest asset managers’ total discretionary assets under management increased by 10.2 per cent in 2021, reaching US$131.7 trillion, according to a new…
The Public Sector Pension Investment Board is entering a joint venture to invest in life sciences facilities in the U.K. The institutional investor and its…
QuadReal Property Group, the real estate investment arm of the British Columbia Investment Management Corp., is unveiling an updated strategic pathway to decarbonize its portfolio…