Investments DB Page 37
CIR news

Latest news in DB

149294192_l

Caisse financing Chinese institutional apartment operator

The Caisse de dépôt et placement du Québec has led a series D financing totalling US$150 million for Mofang Apartments, an institutional rental company based…

  • By: Staff
  • March 11, 2019 January 12, 2021
  • 15:00
What options are available for de-risking DB pension plans?

CAAT funding status reaches 120%

The Colleges of Applied Arts and Technology pension plan has reached a going-concern funding status of 120 per cent as of Jan. 1, 2019, up…

29250616

OPTrust ups its holdings in Ontario green bonds

The OPSEU Pension Trust is making an additional purchase of $100 million in Ontario government green bonds, bringing its allocation in the asset to about…

  • By: Staff
  • March 7, 2019 January 12, 2021
  • 15:30
114337201_l

IMCO appoints CPPIB vet as new head of public equity, credit

The Investment Management Corp. of Ontario is appointing Christian Hensley as the new senior managing director of public equities and credit, effective April 9, 2019. His previous experience…

  • By: Staff
  • March 6, 2019 January 12, 2021
  • 14:45
Trading

CAPSA update on use of leverage in pension plans

The Canadian Association of Pension Supervisory Authorities has released an update on pension plans using leverage. “What makes it of particular interest to pension regulators…

105364514-123RF

Caisse to invest in Indian financial services company

The Caisse de dépôt et placement du Québec is investing about US$250 million in ECL Finance Ltd., the non-banking arm of Edelweiss Financial Services. The investment…

  • By: Staff
  • March 5, 2019 January 12, 2021
  • 15:30

Ontario’s new DB funding rules should base PfAD on plan’s asset mix: ACPM

In Ontario’s new defined benefit plan funding rules, the provisions for adverse deviation should be based on the plan’s asset mix, and a riskier asset…

  • By: Staff
  • March 4, 2019 January 10, 2021
  • 15:34
115448363-123RF

Caisse selling U.S. optometry management services company

The Caisse de dépôt et placement du Québec, along with Altas Partners, is selling Capital Vision Services. West Street Capital Partners VII, a fund managed by Goldman…

  • By: Staff
  • March 4, 2019 January 12, 2021
  • 15:15

Alberta’s Local Authorities Pension Plan gains independence

On March 1, 2019, Alberta’s Local Authorities Pension Plan gained independence from the government by becoming a jointly sponsored pension plan. “The history of LAPP…

36700359-123RF

OPTrust partners to buy Toronto real estate, OTPP takes stake in vehicle tech company

The OPSEU Pension Trust is partnering with several investment firms to buy three buildings in the downtown Toronto financial district. The properties are anchored to…

  • By: Staff
  • March 4, 2019 January 12, 2021
  • 08:00
75269108-123rf

Navistar Canada buys group annuity contracts

In a move protecting its defined benefit pension promise for the long haul, commercial vehicle manufacturer Navistar Canada is purchasing more than $300 million in group…

  • By: Yaelle Gang
  • February 28, 2019 January 12, 2021
  • 10:18
78646451_l-1

University staff, founders’ members vote in favour of new university pension plan

Staff at Queen’s University, the University of Guelph, the University of Toronto and members of the United Steelworkers union have voted in favour of setting…

  • By: Yaelle Gang
  • February 26, 2019 January 12, 2021
  • 11:29
915243970-123RF

OMERS posts 2.3% return for 2018

The Ontario Municipal Employees Retirement System posted a 2.3 per cent return for 2018, pulling in $2.2 billion. In 2017, the fund saw a return…

  • By: Staff
  • February 26, 2019 January 12, 2021
  • 07:52
105364514-123RF

OMERS investing in Indian toll-road concessions

The Ontario Municipal Employees Retirement System’s infrastructure arm is taking on a 22 per cent stake in IndInfravit Trust, an Indian-based infrastructure conglomerate, for $160 million. IndInfravit,…

  • By: Staff
  • February 22, 2019 January 12, 2021
  • 15:45

Local lessons: a Texas plan’s outlook on investments

In a market environment where finding returns is tough, the Employees Retirement System of Texas turned to emerging markets and alternatives to provide the pension…

  • By: Yaelle Gang
  • February 22, 2019 January 20, 2021
  • 06:51
115448363-123RF

OMERS Ventures talks innovation

The Ontario Municipal Employees Retirement System is a direct investor across all its asset classes; however, as it continued to get bigger, it was missing…

  • By: Yaelle Gang
  • February 15, 2019 January 20, 2021
  • 09:24

CPPIB ekes out 1.1% return during challenging fiscal Q3

The Canada Pension Plan Investment Board grew its net assets by $0.2 billion during its third fiscal quarter, pushing overall assets up to $368.5 billion,…

  • By: Staff
  • February 14, 2019 January 12, 2021
  • 10:30

DC pension assets surpass DB assets in world’s largest markets: report

Defined contribution plan assets now account for more than 50 per cent of total assets across the world’s seven largest pension markets, surpassing defined benefit plan assets…

  • By: Staff
  • February 13, 2019 January 12, 2021
  • 07:33
78646451_l-1

DB pensions best option for Canadian employers, economy: report

Defined benefit pension plans aren’t just better for Canadian workers, but for the country’s economy in general, according to a new study by the Canadian…

Data is an asset class, says OPTrust CIO

It’s been almost a year since the OPSEU Pension Trust co-launched an investment platform, EdgeCore Internet Real Estate, which builds, owns and operates North American…

  • By: Yaelle Gang
  • February 12, 2019 January 12, 2021
  • 09:00
32477501-123RF

Caisse helps fund acquisition by Cirque de Soleil

The Caisse de dépôt et placement du Québec, together with the the Fonds de solidarité FTQ, is providing the Cirque du Soleil Entertainment Group with a US$120 million…

  • By: Staff
  • February 6, 2019 January 12, 2021
  • 15:05
155196419

ACPM supports strengthened going-concern pension funding rules in B.C.

Based on the five options put forward in British Columbia’s consultation on reforming pension solvency rules, the option to replace the current requirements with enhanced…

  • By: Staff
  • February 6, 2019 January 12, 2021
  • 09:30

CPPIB joins other investors to acquire HR software company

The Canada Pension Plan Investment Board is joining several other investors in purchasing Ultimate Software, a human capital management solutions provider. Led by private equity firm…

  • By: Staff
  • February 4, 2019 January 12, 2021
  • 10:30
109095428-123RF

Discount rates used by public pensions too high: report

The high discount rates used by many Canadian public-sector pension plans increase the risk they won’t have enough funds to meet future obligations, according to new…

  • By: Staff
  • February 1, 2019 January 12, 2021
  • 15:57
915243970-123RF

A look at macro trends driving DB pension investment strategies

It’s too early in the rise of populism to determine whether it will turn out to be a secular or a cyclical trend, according to John…