CIR news

Latest news in Canadian Investment Review News

144451839-123RF

What will coronavirus mean for pension investors in the long term?

Real estate, a long-time stable, returns-generating asset class for pension plans, may no longer be as solid due to the impact of the coronavirus pandemic.…

Bâtirente sets new climate commitments for 2025

Acknowledging that the multi-faceted causes and consequences of climate change call for different methods, Quebec-based pension fund Bâtirente is publishing a new climate commitment. “Effectively…

  • By: Staff
  • September 10, 2020 December 6, 2020
  • 09:19

Bank of Canada warns of uneven recovery despite better than expected bounce back

The Bank of Canada sought Wednesday to temper economic excitement about a sharper-than-expected rebound from the depths of the coronavirus crisis, pointing to worrying trends…

Is inflation back on institutional investors’ minds?

While massive monetary policy response didn’t drive inflation following the 2008/09 financial crisis, institutional investors are mulling over whether things may be different this time.…

Great-West Lifeco subsidiary buys MassMutual retirement services business

Great-West Lifeco Inc. subsidiary Empower Retirement has signed an agreement to buy the retirement services business of Massachusetts Mutual Life Insurance Co. in a transaction…

Four trends to watch in China through the recovery

In China, keeping the novel coronavirus under control is key to maintaining the economic recovery, and there are reasons to be optimistic, despite a breakdown…

39010571-123RF

Ivanhoé Cambridge buys mixed-use Paris real estate for redevelopment

Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, is buying a parcel of real estate in the…

  • By: Staff
  • September 4, 2020 December 6, 2020
  • 07:59
125684936123RF

Is it time for bond owners to shift how they view deficits and debt?

While rising government deficits and debt are concerning for many bond owners, they should actually be more concerned that deficits aren’t big enough, said David…

  • By: Yaelle Gang
  • September 4, 2020 December 5, 2020
  • 07:40
39170672-123RF

HOOPP looking to LDI strategy 2.0 amid low interest rates

The Healthcare of Ontario Pension Plan is well-known for its liability-driven investing strategy, which helped it successfully weather the 2008 financial crisis. During the coronavirus…

  • By: Yaelle Gang
  • September 4, 2020 December 5, 2020
  • 07:36

Are markets being driven by FOMO?

As central banks stepped into the market to fund operating losses, the ability to raise capital has usurped the natural function of markets: price discovery,…

  • By: Yaelle Gang
  • September 3, 2020 December 6, 2020
  • 11:50
105364514-123RF

Ontario Teachers’ invests in Indian private credit

The Ontario Teachers’ Pension Plan Board is investing US$350 million with Indian private debt manager Edelweiss Alternate Asset Advisors. The investment represents a long-term partnership…

  • By: Staff
  • September 3, 2020 December 6, 2020
  • 09:52

Caisse, DP World to invest US$4.5 billion in global ports

International port operator DP World reached a deal Thursday with the Caisse de dépôt et placement du Québec to pour an additional US$4.5 billion into…

OMERS Ventures leads funding round for automotive intelligence company

The Ontario Municipal Employees Retirement System’s venture capital arm has led a $9 million series-A funding round for automative intelligence firm Acerta Analytics Solutions Inc.…

  • By: Staff
  • September 2, 2020 December 6, 2020
  • 08:27
Caisse, CPPIB, Ontario Teachers’ invest in insurance company

Wellington Management names incoming CEO

Wellington Management Co. will be appointing Jean Hynes as chief executive officer upon the retirement of its current CEO Brendan Swords on June 30, 2021.…

  • By: Staff
  • September 1, 2020 January 20, 2021
  • 12:58
49199538-123RF

Greystar joins CPPIB, Cyrela in Brazilian residential real estate joint venture

Greystar Real Estate Partners is joining the Canada Pension Plan Investment Board and Cyrela Brazil Realty in a joint venture that will develop, own and…

  • By: Staff
  • September 1, 2020 December 6, 2020
  • 09:24
21393506-123RF

In perfect balance: Different approaches to rebalancing pension portfolios

The recent market turmoil caused by the coronavirus crisis has increased the focus on rebalancing decisions for many Canadian pension plans. As certain asset classes…

39170672-123RF

Economists agree we’re in a recession, but there’s little consensus on why

Economists say there is no doubt that Canada is experiencing a recession, but the exact criteria determining one is underway can be fraught with confusion.…

Canadian economy posted record drop in second quarter due to pandemic

The Canadian economy suffered its worst three-month stretch on record in the second quarter as the economy came to a near halt in April before…

PSP investing in reinsurer, OMERS acquiring HVAC company

Aon, Willis Towers Watson merger receives shareholder approval

Aon and Willis Towers Watson’s proposed merger has received approval by their respective shareholders. The merger, announced in March, remains subject to customary regulatory and…

  • By: Staff
  • August 28, 2020 January 20, 2021
  • 09:50
42617339-123RF

Macklem says central bankers must speak simply or risk losing public trust

The head of the Bank of Canada made an international pitch to his fellow central bankers on Thursday to forge closer ties with average citizens…

42617339-123RF

Fed: Rates to stay ultra low even after inflation picks up

The Federal Reserve announced a significant change Thursday in how it manages interest rates by saying it plans to keep rates near zero even after…

18045459-123rf

Bank of Canada eyes effect on wealth, income distribution in review: Wilkins

The second-in-command at the Bank of Canada said Wednesday that any changes to the underpinning of its monetary policy will be judged against how they…

Mark Carney joins Brookfield Asset Management

Mark Carney will lead a team at Brookfield Asset Management focused on investing in positive environmental, social and governance changes, the alternative asset manager said…

82101013-123rf

CFOs overconfident on market predictions: paper

Chief financial officers may be over-confident when it comes to investment forecasts, even when they’ve been proven wrong in the past, according to a new…

  • By: Staff
  • August 26, 2020 December 6, 2020
  • 08:29
75269108-123rf

A do-it-yourself approach to buy-in annuities

With an aging population of baby boomers and a general trend toward closing defined benefit pensions, many plan sponsors are facing negative cash flow situations.…

  • By: Yaelle Gang
  • August 26, 2020 December 6, 2020
  • 07:43