CIR news

Latest news in Emerging & global markets

AIMCo opening first Asia office in Singapore, remains leery of China

The Alberta Investment Management Corp. is opening its first Asian office, but the Edmonton-based investment organization says it will steer well clear of China to focus instead on markets with less…

Copyright_aberheide_123RF

Top 5 HR, benefits, pension and investment stories of the week

An article announcing the finalists in Benefits Canada‘s 2023 Workplace Benefits Awards was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…

  • By: Staff
  • September 8, 2023 September 7, 2023
  • 09:00
37361643-123RF

Survey finds institutional investors expect yuan to achieve reserve currency status

Nearly all (93 per cent) institutional investors believe the Chinese yuan is going to become the reserve currency for multiple countries within the next five…

  • By: Staff
  • September 7, 2023 September 6, 2023
  • 11:00

Ontario Teachers’ acquires majority stake in U.K. wealth manager; OMERS backing lithium battery recycling operator

The Ontario Teachers’ Pension Plan is acquiring a majority stake in a U.K.-based wealth and investment manager. Seven Investment Management oversees more than £21 billion in assets for 2,300…

  • By: Staff
  • September 5, 2023 September 7, 2023
  • 11:00
122758119_l-1

CPPIB laying off staff in Hong Kong as it steps back from China deals: report

The Canada Pension Plan Investment Board has laid off at least five investment professionals at its Hong Kong office as it steps back from deals…

  • By: Staff
  • September 5, 2023 September 1, 2023
  • 09:00

AIMCo reporting 4.5% return in first half of 2023, lifted by global equities

The Alberta Investment Management Corp. is reporting a net return of 4.5 per cent for the six-month period ending June 30, 2023. At the halfway point…

  • By: Staff
  • August 31, 2023 September 5, 2023
  • 11:30

Cybersecurity concerns spark U.S. executive order blocking investments in Chinese tech

As U.S. President Joe Biden signs an executive order obstructing the departure of domestic capital from venture and private capital into China, it’s raising a…

Survey finds North American institutional investors lagging behind on adopting ESG investment strategies

Institutional investors in Asia and Europe are at the forefront of adopting environmental, social and governance investment strategies, while North America lags behind, according to…

  • By: Staff
  • August 24, 2023 August 23, 2023
  • 10:00

CPPIB backing Brazilian reforestation startup; CPPIB, IMCO and OMERS investing in Swedish car battery maker

The Canada Pension Plan Investment Board is investing US$30 million in reforestation efforts in Brazil’s Amazon region through a private venture partnership. The Amazon Reforestation…

  • By: Staff
  • August 24, 2023 August 23, 2023
  • 10:00

IMCO, PSP Investments acquiring German renewable energy company

A group that includes the Investment Management Corp. of Ontario, the Public Sector Pension Investment Board and private investment firm Sandbrook Capital is acquiring a…

  • By: Staff
  • August 17, 2023 August 16, 2023
  • 11:00

How climate change and inflation are impacting agricultural investments

Despite the prevalence of farming in its home province, the Alberta Investment Management Corp.’s agricultural portfolio is just 13 years old, the product of a…

Canadian DB pension plans return 1.19% in second quarter of 2023: report

Canadian defined benefit pension plans generated a median return of 1.19 per cent in the second quarter of 2023, according to the BNY Mellon Canadian…

  • By: Staff
  • August 10, 2023 August 9, 2023
  • 11:30
Copyright_tomwang_123RF

OMERS names Michael Hill as executive vice-president, global head of infrastructure

The Ontario Municipal Employees’ Retirement System is appointing Michael Hill as executive vice-president and global head of infrastructure, effective Sept. 5. Hill, who has more…

  • By: Staff
  • August 9, 2023 August 9, 2023
  • 15:00

Ontario Teachers’ selling stake in Irish national lottery operator, Caisse repurchasing shares in Couche-Tard

The Ontario Teachers’ Pension Plan is entering into a definitive agreement to sell its majority shareholding in Ireland’s national lottery operator. The pension fund is selling…

  • By: Staff
  • August 3, 2023 August 2, 2023
  • 10:00

Manitoba’s TRAF returns -0.42%, increases funded ratio in 2022

Manitoba’s Teachers’ Retirement Allowances Fund returned negative 0.42 per cent in 2022, exceeding its benchmark return of negative 5.04 per cent. “While we are pleased…

  • By: Staff
  • July 31, 2023 July 31, 2023
  • 15:00

Canadian institutional investors optimistic about emerging markets fixed income: survey

Canadian institutional investors are optimistic about the prospects of emerging markets bonds, with more than half (52 per cent) saying they’re likely to increase their…

  • By: Staff
  • July 18, 2023 December 20, 2023
  • 11:00

What does the Thames Water debacle mean for investment risk management?

As Thames Water Utilities Ltd. came under fire this month for its financial mismanagement and poor environmental record, the debacle highlights institutional investors’ responsibilities around…

  • July 18, 2023 July 17, 2023
  • 09:00
Caisse investing in wind and solar projects, AIMCo in German real estate

CPPIB partnering with Dutch hydrogen project developer

The Canada Pension Plan Investment Board and hydrogen project developer Power2X are forming a long-term investment partnership aimed at advancing Power2X’s role in the global…

  • By: Staff
  • July 13, 2023 July 13, 2023
  • 11:00

OMERS to acquire Dutch energy infrastructure solutions business, Ontario Teachers’ investing in Australian industrial site

The Ontario Municipal Employees’ Retirement System’s infrastructure arm, alongside APG Asset Management on behalf of Dutch pension fund ABP, is signing an agreement to acquire…

  • By: Staff
  • July 11, 2023 July 11, 2023
  • 12:00

CPPIB acquiring experience management software company, PSP selling 10% stake in locomotive business

The Canada Pension Plan Investment Board is acquiring a significant stake in an experience management software provider. The investment organization and Silver Lake, a global…

  • By: Staff
  • July 6, 2023 July 5, 2023
  • 12:00

Asset managers anticipating short-term growth: survey

More than four-fifths (84 per cent) of asset managers expect their firms will grow over the next 18 months, according to a new survey by…

  • By: Staff
  • June 29, 2023 June 30, 2023
  • 12:30
Copyright_tomwang_123RF

Ontario Teachers’ appointing Bruce Crane as executive managing director, head of Asia-Pacific

The Ontario Teachers’ Pension Plan is appointing Bruce Crane as executive managing director and head of Asia-Pacific, effective immediately. He will lead investment activities and…

  • By: Staff
  • June 28, 2023 June 28, 2023
  • 15:00
Copyright_millenius_123RF

BCI’s net assets grow 3.5% in fiscal 2023, led by alternatives

The British Columbia Investment Management Corp. saw a return of 3.5 per cent and increased its assets under management from $228.6 billion to $233 billion…

  • By: Staff
  • June 27, 2023 June 27, 2023
  • 12:30
Copyright_Olga Yastremska _123RF

Ivanhoé Cambridge entering self storage partnership, Ontario Teachers’ backing telecom tower acquisition

The real estate arm of the Caisse de dépôt et placement du Québec is making its first investment in alternative industrial assets through a partnership…

  • By: Staff
  • June 27, 2023 June 27, 2023
  • 12:30

Caisse backing Australian agricultural platform, Ontario Teachers’ reinvesting in data centre provider

The Caisse de dépôt et placement du Québec is entering a strategic agricultural partnership with an Australian government bank. The investment organization and the Clean…

  • By: Staff
  • June 22, 2023 June 21, 2023
  • 12:30