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Latest news in DB

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World’s largest pension funds’ AUM decreased in 2018

After increasing by 15.1 per cent in 2017, the assets under management of the world’s 300 largest pension funds fell by 0.4 per cent in…

  • By: Staff
  • September 3, 2019 January 6, 2021
  • 11:51

OPTrust appoints new president and CEO, Ontario Teachers’ COO of enterprise operations moves to UN’s pension fund

The OPSEU Pension Trust is appointing Peter Lindley as its president and chief executive officer, effective Sept. 16, 2019. “Peter Lindley brings deep experience in…

  • By: Staff
  • August 30, 2019 January 9, 2021
  • 07:08

Ontario Teachers’ partners with Alphabet, Sidewalk Labs to launch infrastructure holding company

Google parent company Alphabet Inc. and affiliate Sidewalk Labs are partnering with the Ontario Teachers’ Plan Plan to launch a new company that invests in…

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The Caisse returns 6.1% in first half of 2019

In the first half of 2019, the Caisse de dépôt et placement du Québec has earned an average return on depositors’ funds of 6.1 per…

  • By: Staff
  • August 6, 2019 January 9, 2021
  • 10:30
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First State Super, VicSuper merger update

For pension plans, consolidation can come with benefits. And around the world, funds are announcing they’re moving forward with plans to merge. In Canada, members…

  • By: Staff
  • July 29, 2019 January 9, 2021
  • 09:25

FSRA to appoint new technical advisory committees on pension issues

The Financial Services Regulatory Authority is creating three new technical advisory committees, which will provide advice and feedback to the regulator on pension sector related…

  • By: Staff
  • July 23, 2019 January 9, 2021
  • 10:12
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The Caisse highlights growing concern about SNC-Lavalin

SNC-Lavalin Group Inc. is slashing its profit forecast for the third time this year as the company’s new chief executive officer veers away from construction…

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Canadian DB plans maintain solvency in Q2

Canadian defined benefit pension plans maintained their solvency levels through the second quarter of 2019, according to Mercer’s latest pension health index. The index, which…

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Ontario Teachers’ climate change report outlines low carbon economy transition framework

The Ontario Teachers’ Pension Plan has released its first climate change report. Written following the recommendations of the Financial Stability Board’s task force on climate-related…

  • By: Staff
  • July 3, 2019 January 9, 2021
  • 09:56

Former Ontario Teachers’ directors’ new private equity firm invests in dentist platform

Private equity firm Peloton Capital Management has made its inaugural investment of $75 million in 123Dentist, the largest majority Canadian-owned network of dental practices. Peloton,…

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Taking a calculated approach to change at the University of Victoria pension plans

The University of Victoria has two pension plans and although each plan has taken a distinct approach to managing its assets, conducting prudent analysis, considering…

Desjardins Group Pension Plan to take stake in Alberta wind project

The Desjardins Group Pension Plan is set to acquire a portion of EDF Renewables Canada Inc.’s stake in the Cypress Wind Project, pending the completion…

  • By: Staff
  • June 20, 2019 January 9, 2021
  • 09:12
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Teachers’ drops sale of its stake in Hudson’s Bay to HBC executive chairman

The Ontario Teachers’ Pension Plan has terminated an agreement to sell its 10 per cent stake in Hudson’s Bay Co. to a private entity controlled…

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Market value of trusteed pension assets declined in Q4 2018: StatsCan

The market value of Canadian trusteed pension fund assets decreased by 1.3 per cent in Q4 2018 compared to the previous quarter, landing at $1.87…

  • By: Staff
  • June 7, 2019 January 9, 2021
  • 08:30
Peer recognition big part of entering Workplace Benefits Awards, says 2018 winner

Peer recognition big part of entering Workplace Benefits Awards, says 2018 winner

Getting a sense of what industry peers are doing and what they think of the plan’s work was an important reason why the College of Applied…

CPPIB challenged to divest from Chinese firms tied to abuses against Uyghurs

The Canada Pension Plan Investment Board is facing pressure to divest from companies allegedly tied to human rights abuses in China. “I have constituents of…

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IMCO appoints Patrick De Roy senior managing director

The Investment Management Corp. of Ontario is appointing Patrick De Roy to the newly created role of senior managing director of total portfolio and capital…

  • By: Staff
  • May 30, 2019 January 10, 2021
  • 15:15

Ontario Teachers’ appoints six new managing directors

The Ontario Teachers’ Pension Plan is appointing six new managing directors in its investment division. Maggie Fanari has been promoted to managing director of the teachers’ innovation platform…

  • By: Staff
  • May 30, 2019 January 10, 2021
  • 15:00
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North America still dominating Canadian DB plan alternative allocations

Since standard banks began to shy away from their traditional financing role after the 2008 financial crisis, institutional investors have helped maintain markets by becoming…

AIMCo investing in Alberta pipeline, Caisse taking on shares in mining company

The Alberta Investment Management Corp. is buying an 85 per cent equity stake in the Northern Courier pipeline from TC Energy, formerly known as TransCanada…

  • By: Staff
  • May 29, 2019 January 10, 2021
  • 15:15

Morningstar to buy Canadian debt-rating agency

Morningstar Inc. has signed a deal to buy Canadian debt-rating agency DBRS for US$669 million. The U.S. company says the combination of DBRS with Morningstar…

Caisse to supply Medavie with $75M to further strategic objectives

La Caisse de dépôt et placement du Québec is contributing $75 million in the form of a subordinated private debt to Medavie Inc. Medavie operates Medavie Blue…

  • By: Staff
  • May 23, 2019 January 10, 2021
  • 10:01

U of T Asset Management’s pension portfolio returns negative 1.6% in 2018

In a challenging year for global equity markets, with fixed income returns below average, the University of Toronto Asset Management Corp.’s pension portfolio returned a…

  • By: Staff
  • May 21, 2019 January 10, 2021
  • 15:15
Many perspectives required when covering cancer drugs on benefits plans

CPPIB invests in cancer drug royalties, food manufacturing

The Canada Pension Plan Investment Board is acquiring a US$1.3 billion stake in LifeArc’s royalty interests on worldwide sales of immunotherapy drug Keytruda through its European…

  • By: Staff
  • May 21, 2019 January 10, 2021
  • 10:00

Ontario Teachers’ sells stake in renewables firm, PSP joins Nestle subsidiary acquisition

The Ontario Teachers’ Pension Plan is selling its stake in BluEarth Renewables Inc. to DIF Infrastructure V, a European independent infrastructure fund. The Ontario Teachers’ was…

  • By: Staff
  • May 16, 2019 January 10, 2021
  • 15:01