CIR news

Latest news in Canadian Investment Review News

Copyright_diegograndi_123RF

Caisse to redevelop Quebec City mall, Ontario Teachers’ acquiring Dutch logistics portfolio

The real estate arm of the Caisse de dépôt et placement du Québec is entering a strategic partnership with a Quebec City real estate firm…

  • By: Staff
  • July 28, 2022 July 28, 2022
  • 09:35

Canadian DB pension plan assets down 8.8% in Q2: report

The median Canadian defined benefit pension plan’s investments declined 8.8 per cent during the second quarter of 2022, according to a new report by Northern…

  • By: Staff
  • July 28, 2022 July 28, 2022
  • 09:00
81440809_123RF_TrainRailwayEurope.jpg

AIMCo acquiring rail service provider, Ontario Teachers’ reinvesting in medical platform provider

The Alberta Investment Management Corp. is acquiring a Canadian rail service provider. In a deal reached with the business’s previous owners — its employees and…

  • By: Staff
  • July 26, 2022 July 26, 2022
  • 12:45
Ontario appeal court ruling marks substantial shift in enforcement of termination clauses

Ontario Superior Court issues claims deadline to Bridging investors

Investors in a defunct Toronto asset management firm, the subject of an on-going court battle, have until late September to file compensation claims. In a…

  • By: Staff
  • July 26, 2022 July 26, 2022
  • 12:00
Copyright_millenius_123RF

BCI pushes past $200BN mark with 7.4% returns in fiscal 2022

The British Columbia Investment Management Corp. generated returns of 7.4 per cent during the year ending on March 21, 2022, according to its annual report.…

  • By: Staff
  • July 21, 2022 July 21, 2022
  • 12:30
Copyright_Tinnakorn Jorruang_123RF

Canadian pension plan sponsors increasingly concerned by broad-scale climate resilience of portfolios: report

Canada’s defined benefit pension plan sponsors are more concerned about broad-scale climate resilience in portfolios than they were before the coronavirus pandemic, according to a…

  • July 21, 2022 July 21, 2022
  • 12:00
Copyright_psisa_123RF

ACPM cautions OSFI against one-size-fits-all approach to risk management

The Association of Canadian Pension Management is cautioning the Office of the Superintendent of Financial Institutions on a one-size-fits-all approach to risk management across the…

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

European central bank expected to raise interest rates by 25 basis points

The European Central Bank is expected to raise interest rates for the first time since 2011. In a statement, the bank said it plans to…

  • By: Staff
  • July 19, 2022 July 19, 2022
  • 12:30

AIMCo-backed venture acquiring U.K. rental assets, OMERS buying stake in drug royalty rights

The Alberta Investment Management Corp. is part of a joint venture acquiring a portfolio of U.K.-based residential apartment assets under construction. In a deal reached…

  • By: Staff
  • July 19, 2022 July 19, 2022
  • 12:30
How commuted-value calculation changes will impact lump-sum DB pension payments

Canadian DB pension plan assets declined 5.4 per cent in June: report

The value of a typical Canadian defined benefit pension plan’s assets declined in June, according to LifeWorks Inc.’s latest monthly report. An investment portfolio designed…

Caisse investing in wind and solar projects, AIMCo in German real estate

Caisse reinvesting in Indian power company, Ontario Teachers’ investing in New Zealand telecom towers

The Caisse de dépôt et placement du Québec is increasing its stake in an Indian power company. In an agreement reached with CLP Power India…

  • By: Staff
  • July 14, 2022 July 14, 2022
  • 12:00

2022 Pension Leadership Awards opens for entries

The Canadian Investment Review is now accepting nominations for the 2022 Pension Leadership Awards. The third annual Pension Leadership Awards will celebrate the organizations and individuals…

  • By: Staff
  • July 12, 2022 July 12, 2022
  • 12:00
36658017-123rf

CPPIB doubling-down on Korean industrial real estate, Caisse developing Brazilian rental properties

The Canada Pension Plan Investment Board is making a second contribution to a real estate joint venture expanding its industrial warehouse portfolio in Korea’s largest…

  • By: Staff
  • July 7, 2022 July 7, 2022
  • 12:00

CIFSC releases responsible investment framework for Canadian funds

The Canadian Investment Funds Standards Committee is releasing the final framework it will use to identify investment funds that disclose adopting responsible investing strategies. “Given…

  • By: Staff
  • July 7, 2022 July 6, 2022
  • 11:00

AIMCo CEO seeking to win trust of pension clients: report

After a record-breaking year, Alberta’s public sector investment fund manager is seeking to earn the trust of its client pension funds. “A combination of factors…

  • By: Staff
  • July 6, 2022 July 8, 2022
  • 12:15
96770582-123rf

IMCO unveils ESG strategy, discloses portfolio emissions

The Investment Management Corp. of Ontario is publishing its inaugural environmental, social and governance report, which includes an outline of its four-pronged ESG integration strategy.…

  • By: Staff
  • July 5, 2022 July 5, 2022
  • 12:00
39010571-123RF

French election results scuttle Macron’s hopes for pension reform

French president Emmanuel Macron’s efforts to reform his country’s pension system have been set back by the results of divisive national elections. During his campaign…

PSP entering strategic alliance with produce company, Ontario Teachers’ investing in online retailer

The Public Sector Pension Investment Board is entering a strategic alliance with a produce vendor. According to the agreement, PSP Investments will manage the acquisition…

  • By: Staff
  • June 30, 2022 June 30, 2022
  • 12:00

Economic, geopolitical factors causing inflationary uncertainty for institutional investors: report

A new report is urging pension plan sponsors and other institutional investors to ensure the resilience of their portfolios in a number of different inflationary…

  • By: Staff
  • June 28, 2022 June 28, 2022
  • 13:30
Copyright_Mikhail Tsikhanovich_123RF

N.B. auditor general report calls for transparency from public sector investment organization

New Brunswick’s auditor general is reigniting a dispute with the an independent public sector asset manager responsible for investing on behalf of pension plans jointly…

  • By: Staff
  • June 28, 2022 June 28, 2022
  • 13:00
Copyright_Pedro Antonio Salaverrìa Calahorra_123RF

CPPIB selling stake in U.K. utilities provider, Ontario Teachers’ investing in insurance brokerage

The Canada Pension Plan Investment Board is selling its stake in a U.K. wireless utilities provider. Through the deal reached with Digital 9 Infrastructure, an…

  • By: Staff
  • June 28, 2022 June 28, 2022
  • 12:00

BCI names Michel Drolet as senior VP of corporate risk, chief audit officer

The British Columbia Investment Management Corp. is appointing Michel Drolet as senior vice-president of corporate risk and chief audit executive. In the role, he’ll lead…

  • By: Staff
  • June 28, 2022 June 28, 2022
  • 11:00

How to prepare pension portfolios for persistently higher inflation: CPBI session

There are a lot of reasons to believe financial markets will be very different in the next 10 to 20 years than what pension funds…

123rf_tinnakornlek

IMCO allocates funds to global credit managers, Caisse-backed bus fleet operator buys transport company

The Investment Management Corp. of Ontario is allocating US$1 billion to two global credit managers. The majority of the capital, US$550 million, will be invested…

  • By: Staff
  • June 21, 2022 June 21, 2022
  • 11:00

Expert panel: Time for pension plan sponsors to focus on rebuilding mutually beneficial relationships with asset managers

As mask mandates lift and life gets back to normal, defined benefit plan sponsors and institutional asset managers are looking forward to re-engaging with each…