CIR news

Top Stories in Investments

SDG washing in corporate reports could deceive would-be investors: article

References to the United Nations’ sustainable development goals in corporate reports may be used to deceive the general public and would-be impact investors, according a…

How to prepare pension portfolios for persistently higher inflation: CPBI session

There are a lot of reasons to believe financial markets will be very different in the next 10 to 20 years than what pension funds…

OMERS expanding Australian telecom tower network, Caisse investing in online furniture retailer

The Ontario Municipal Employees’ Retirement System is acquiring an Australian developer owner and operator of telecommunications towers. Following the acquisition, the OMERS will consolidate the…

  • By: Staff
  • June 23, 2022 June 22, 2022
  • 11:00
Copyright_Romolo Tavani_123RF

Report finds U.S. DC plan members continuing contributions in Q1, despite market upheaval

Just 0.9 per cent of 35 million U.S. defined contribution pension plan members ceased making contributions during the first quarter of 2022, according to a…

  • By: Staff
  • June 22, 2022 June 23, 2022
  • 15:00
Copyright_ Audtakorn Sutarmjam_123RF

No need for separate OSFI culture risk management guideline, says CIA

Culture risk management can be enhanced within existing risk management frameworks, says the Canadian Institute of Actuaries, adding it doesn’t see a need for a…

  • By: Staff
  • June 22, 2022 June 21, 2022
  • 09:00
123rf_tinnakornlek

IMCO allocates funds to global credit managers, Caisse-backed bus fleet operator buys transport company

The Investment Management Corp. of Ontario is allocating US$1 billion to two global credit managers. The majority of the capital, US$550 million, will be invested…

  • By: Staff
  • June 21, 2022 June 21, 2022
  • 11:00

Expert panel: Time for pension plan sponsors to focus on rebuilding mutually beneficial relationships with asset managers

As mask mandates lift and life gets back to normal, defined benefit plan sponsors and institutional asset managers are looking forward to re-engaging with each…

Trusteed pension funds’ assets valued at $2.27TN in Q4: Stats Can

The market value of assets held by Canadian trusteed pension funds increased 4.2 per cent to $2.27 trillion in the fourth quarter of 2021, up from…

  • By: Staff
  • June 21, 2022 June 21, 2022
  • 09:00

PSP acquiring U.K. life sciences campus, Caisse investing in Quebec manufacturer

The Public Sector Pension Investment Board is investing in a life sciences campus in the U.K. Capital Park Cambridge is a 17-hectare campus with about…

  • By: Staff
  • June 16, 2022 June 16, 2022
  • 13:15
Copyright_airdone_123RF

ACPM provides feedback on proposed amendments to pension accounting standards

The Association of Canadian Pension Management is providing feedback on the Accounting Standards Board’s proposed amendments to the Chartered Professional Accountants of Canada’s handbook, including…

  • By: Staff
  • June 16, 2022 June 15, 2022
  • 09:00

UPP appointing chief engagement and strategy officer, senior director of engagement

The University Pension Plan is appointing Kathy Johnson as chief engagement and strategy officer and Andrew Naples as senior director of engagement. Johnson will lead…

  • By: Staff
  • June 16, 2022 June 15, 2022
  • 09:00
Copyright_Olga Yastremska_123RF

CAPSA seeking feedback on risk management guidelines

The Canadian Association of Pension Supervisory Authorities is seeking feedback on three risk management guidelines. The guidelines will cover pension plans’ use of leverage, cyber…

  • By: Staff
  • June 15, 2022 June 14, 2022
  • 09:00

Average solvency position of Canadian DB pension plans improved in May: report

The average Canadian defined benefit pension plan saw improvements in its solvency position in May, according to LifeWorks Inc.’s latest monthly report. An investment portfolio…

  • By: Staff
  • June 14, 2022 June 14, 2022
  • 12:30

French election results scuttle Macron’s hopes for pension reform

French president Emmanuel Macron’s efforts to reform his country’s pension system have been set back by the results of divisive national elections. During his campaign…

Nova Scotia’s PSSP returns 5.56% for fiscal year

The Nova Scotia Public Service Superannuation Plan generated net returns of 5.56 per cent during its latest fiscal year, which ended on March 31, 2022.…

Higher long-term bond yields lowering annuity purchase costs for DB pension plan sponsors: expert

Higher long-term bond yields driven by rising interest rates are lowering the cost of annuity purchases for defined benefit pension plans, says Mary Kate Archibald,…

Top 5 HR, benefits and pension stories of the week

An article on Stelco Inc.’s $1.3 billion annuity buy-in for one of its defined benefit pension plans was the most-read story on BenefitsCanada.com over the…

  • By: Staff
  • June 24, 2022 June 23, 2022
  • 09:00

How SEIU Healthcare is making retirement planning accessible for members

A quarter of single seniors live below the poverty line in Canada and the problem is getting worse, with employer sponsored pension plans not accessible…

SPP adding two fund managers to diversify balanced fund portfolio

The Saskatchewan Pension Plan is allocating parts of its balanced fund to Ninepoint Partners and Fengate Asset Management in a bid to further diversify its portfolio. Ninepoint…

  • By: Staff
  • June 7, 2022 June 6, 2022
  • 09:00

Economic, geopolitical factors causing inflationary uncertainty for institutional investors: report

A new report is urging pension plan sponsors and other institutional investors to ensure the resilience of their portfolios in a number of different inflationary…

  • By: Staff
  • June 28, 2022 June 28, 2022
  • 13:30

PSP Investments returns 10.9% due to strong alternatives performance

The Public Sector Pension Investment Board returned 10.9 per cent — or $19.7 billion — across is total portfolio in the 2022 fiscal year. Between…

  • By: Staff
  • June 10, 2022 June 9, 2022
  • 09:00

Canadian pension funds calling on Amazon to review dealings with unions

Several of Canada’s largest pension funds have backed a proposal requesting that Amazon.com Inc. review how its actions against ongoing union organizing efforts align with…

  • By: Staff
  • May 31, 2022 May 31, 2022
  • 12:30

PSP entering strategic alliance with produce company, Ontario Teachers’ investing in online retailer

The Public Sector Pension Investment Board is entering a strategic alliance with a produce vendor. According to the agreement, PSP Investments will manage the acquisition…

  • By: Staff
  • June 30, 2022 June 30, 2022
  • 12:00

CPPIB selling stake in U.K. utilities provider, Ontario Teachers’ investing in insurance brokerage

The Canada Pension Plan Investment Board is selling its stake in a U.K. wireless utilities provider. Through the deal reached with Digital 9 Infrastructure, an…

  • By: Staff
  • June 28, 2022 June 28, 2022
  • 12:00

Fund backed by CPPIB, OMERS acquiring Indian road portfolio; CPPIB investing in life sciences service provider

A fund backed by the Canada Pension Plan Investment Board and the Ontario Municipal Employees’ Retirement System is buying a stake in Indian road projects.…

  • By: Staff
  • June 14, 2022 June 14, 2022
  • 12:00

Top 5 HR, benefits and pension stories of the week

An Ontario Superior Court judge awarding $210,000 in costs against the Financial Services Regulatory Authority of Ontario was the most-read story on BenefitsCanada.com over the…

  • By: Staff
  • June 30, 2022 June 30, 2022
  • 09:00

Transition to low carbon economy highlighting climate risks for pension plans: CAPSA

The potential impact of a disorderly transition to a low carbon economy is a top factor driving financial market regulators to accelerate and focus their…

  • By: Staff
  • June 27, 2022 June 24, 2022
  • 09:00

Institutional investors seeking to plug data gaps in push for diversity

At the Alberta Investment Management Corp., diversity, equity and inclusion has catapulted up the priority list when it comes to investment strategy. While DEI has…

Pension plan sponsors uncertain about balancing ESG factors, fiduciary responsibilities: ACPM

Defined benefit pension plans and defined contribution pension plans are uncertain about how to incorporate environmental, social and governance issues into their investment processes in…

  • By: Staff
  • June 2, 2022 June 2, 2022
  • 12:34

2022 GIC coverage: Using robust research strategies to reveal market opportunities

Robust research on emerging trends can reveal much about future market opportunities, said Joe Faraday, director, international equities at Baillie Gifford, during his session. “I…

2022 GIC coverage: Fixed income markets keeping calm, carrying on amid global uncertainty

With increased market volatility due to Russia’s invasion of Ukraine, central banks in the West looking to tighten monetary policies as the world begins emerging…

N.B. auditor general report calls for transparency from public sector investment organization

New Brunswick’s auditor general is reigniting a dispute with the an independent public sector asset manager responsible for investing on behalf of pension plans jointly…

  • By: Staff
  • June 28, 2022 June 28, 2022
  • 13:00

BCI names Michel Drolet as senior VP of corporate risk, chief audit officer

The British Columbia Investment Management Corp. is appointing Michel Drolet as senior vice-president of corporate risk and chief audit executive. In the role, he’ll lead…

  • By: Staff
  • June 28, 2022 June 28, 2022
  • 11:00

ICPM appointing Sebastien Betermier as next executive director

The International Centre for Pension Management is appointing Sebastien Betermier as its next executive director. Betermier, who is currently an associate professor of finance at…

  • By: Staff
  • June 9, 2022 June 8, 2022
  • 11:00

Institutional investor initiative taking aim at dual-class shares

A coalition of global pension funds with combined assets of more than $1.25 trillion is launching an initiative to push back against the rise of dual-class…

  • By: Staff
  • June 14, 2022 June 14, 2022
  • 11:55

Caisse investing in pharmaceutical company, vegetable seller

The Caisse de dépôt et placement du Québec is investing in a private pharmaceutical company. The investment in the Quebec-based Corealis Pharma Inc., a company…

  • By: Staff
  • May 31, 2022 May 31, 2022
  • 12:30

Coverage of the 2022 Global Investment Conference

In April, delegates joined academics, asset managers and a former Canadian Prime Minister at the Chateau Fairmont in Lake Louise, Alta., for the Canadian Investment…

  • May 30, 2022 May 31, 2022
  • 09:01