The market value of assets held by Canadian employer pension plans increased to $2.12 trillion in the third quarter of 2020, according to a new report…
A coalition of Canadian university endowments and pension plans are launching a new initiative to engage investee corporations on climate change risks. The initiative will…
Institutional investors, regulators and financial standard organizations are calling on Canadian corporations to adopt transparent climate-risk reporting, according to a new report from the C.D.…
The Investment Industry Regulatory Organization of Canada is nominating three candidates for upcoming independent director positions on its board. The nominees — Malcolm Heins, Jennifer Newman and Laura…
As reported in December 2019, Blake Hutcheson has succeeded Michael Latimer as the new chief executive officer of the Ontario Municipal Employees Retirement System, effective June…
The Investor Leadership Network is appointing Charles Emond, president and chief executive officer of the Caisse de dépôt et placement du Québec, and Jean Raby, CEO of Natixis…
The Caisse de dépôt et placement du Québec is introducing a new structure to maximize its impact in technology. The integrated approach aims to leverage technology for…
The Alberta Investment Management Corp. is appointing Mark Wiseman as a board director and the chair of its board of directors, effective July 1, 2020. Wiseman will…
The Halifax Port ILA/HEA pension plan has appointed Blair Richards as its chief investment officer. After more than 20 years as chief executive officer, he…
Brookfield Asset Management Inc. is appointing Mark Carney as vice-chair and head of environmental, social and governance and impact fund investing. Carney is currently the United Nations’ special envoy…
Aon is promoting Federico Cervantes and Erwan Pirou to global partners of the firm. Cervantes joined Aon in 2018 as associate partner and head of investment…
The Canada Pension Plan Investment Board is appointing Edwin Cass as its first-ever chief investment officer. In the new role, he’ll be responsible for total…
Proteus is promoting Teimaz Binesh, Lewis Powell and Michael Scott to senior investment consultants. In their new roles, they’ll continue to provide investment consulting and governance…
The Investment Management Corp. of Ontario is naming Tony Algar as its new chief operating officer, effective Sept. 28. Algar joins the IMCO from the…
Dean Connor, Sun Life Financial Inc.’s president and chief executive officer, is retiring, effective Aug. 6, 2021. Kevin Strain will take over as president and…
The coronavirus pandemic is highlighting many trends in group retirement and investment programs, pushing the industry to be flexible and quick with some of the newer offerings.…
In 2019, International Women’s Day was a significant event at the Colleges of Applied Arts and Technology pension plan because it prompted the launch of…
Former Bank of Canada governor Mark Carney is joining an advisory board for the Pacific Investment Management Co. PIMCO chief executive Emmanuel Roman says the…
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…
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.…
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…
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…
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.…
The only finance minister to serve under Prime Minister Justin Trudeau suddenly resigned Monday night, saying someone else should guide the country through a long…
In the early days of litigation finance, most fund managers sold a concept and their own capabilities, but not much else. And risky strategies attracted…