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BCI adopting more stringent ESG expectations

BCI adopting more stringent ESG expectations

The British Columbia Investment Management Corp. is raising its environmental, social and governance-related expectations for the publicly-traded companies it invests in. Under its new proxy-voting…

Pension funds increasing in-house asset management: survey

Pension funds increasing in-house asset management: survey

Canada’s pension funds are shifting asset management functions in-house while becoming more strategic about oversight of external managers, according to a new survey from CIBC…

  • By: Staff
  • February 10, 2021 February 16, 2021
  • 15:00
Scotiabank renewing lease in AIMCo-, KingSett Capital-owned building

Scotiabank renewing lease in AIMCo-, KingSett Capital-owned building

Scotiabank is renewing its lease for up to 1.1 million square feet of space in two buildings, including the iconic Scotia Plaza, located in the…

Ontario Teachers’ sells mall shares amid GameStop rally, invests in low-carbon company

Ontario Teachers’ sells mall shares amid GameStop rally, invests in low-carbon company

The Ontario Teachers’ Pension Plan is cashing in on the recent GameStop Corp. stock rally, after selling its shares in a U.S.-based retail real-estate company…

  • By: Staff
  • February 5, 2021 February 16, 2021
  • 15:00
Caisse investing further in green transportation, Ontario Teachers’ in cybersecurity

Caisse investing further in green transportation, Ontario Teachers’ in cybersecurity

The Caisse de dépôt et placement du Québec is continuing its investment partnership with MacKinnon, Bennett & Company Inc. in the form of a new…

  • By: Staff
  • February 2, 2021 February 2, 2021
  • 15:00
Canada’s DB pension plans post 9.2% return in 2020

Canada’s DB pension plans post 9.2% return in 2020

Despite market uncertainty due to the coronavirus pandemic and a turbulent U.S. presidential election cycle, Canadian defined benefit pension plans ended the year with near…

  • By: Staff
  • February 1, 2021 February 1, 2021
  • 15:00
PSP investing in real estate, Caisse in accessibility aids

PSP investing in real estate, Caisse in accessibility aids

The Public Sector Pension Investment Board is entering a $700-million joint venture investing in single-family rentals in the U.S. The new venture with Pretium Partners…

  • By: Staff
  • February 1, 2021 February 16, 2021
  • 09:00
Plan sponsors, pension plans taking lessons from 2020 to decade ahead

Plan sponsors, pension plans taking lessons from 2020 to decade ahead

Following an unprecedented 2020, Canada’s plan sponsors and pension plans are incorporating the lessons of the last year as they prepare for a new decade,…

  • By: Blake Wolfe
  • January 29, 2021 February 16, 2021
  • 09:00
Canada’s DB pension plans post 5% return in Q4, close 2020 with 10% gain

Canada’s DB pension plans post 5% return in Q4, close 2020 with 10% gain

Canada’s defined benefit pension plans posted a median return of five per cent during the fourth quarter of 2020 and closed a volatile year with…

  • By: Staff
  • January 27, 2021 February 16, 2021
  • 09:00
OMERS’ portfolio company acquiring solar energy development platform

OMERS’ portfolio company acquiring solar energy development platform

A portfolio company of the Ontario Municipal Employees Retirement System’s infrastructure arm is entering a purchase agreement to acquire a 10-gigawatt solar project development platform.…

  • By: Staff
  • January 26, 2021 February 16, 2021
  • 15:00
Ontario Teachers’ committing to net-zero emissions by 2050

Ontario Teachers’ committing to net-zero emissions by 2050

The Ontario Teachers’ Pension Plan is committing to achieving net-zero greenhouse gas emissions by 2050. The commitment includes the establishment of concrete targets for portfolio…

  • By: Staff
  • January 22, 2021 February 16, 2021
  • 15:00
Caisse-backed investment trust acquiring India highway

Caisse-backed investment trust acquiring India highway

The Caisse de dépôt et placement du Québec is investing in its first transportation project with the purchase of a 67-kilometre highway in India. The…

  • By: Staff
  • January 21, 2021 February 16, 2021
  • 15:00
Biden will bring market stability as sun sets on Trump era: investors

Biden will bring market stability as sun sets on Trump era: investors

With President-elect Joe Biden officially becoming the 46th U.S. president today, institutional investors are preparing for a return to traditional governance and increased market stability.…

  • By: Blake Wolfe
  • January 20, 2021 February 16, 2021
  • 09:00

Mercer Canada report says rally in stocks helped strengthen pension plans to end year

A rally on the stock market in the fourth quarter helped boost the strength of Canadian defined benefit pension plans to end the year, a…

Ontario Teachers’ Jennifer Newman elected to IIROC board

Several members were either elected or re-elected to the Investment Industry Regulatory Organization of Canada’s board of directors last week. Among the newly elected members…

  • By: Staff
  • September 28, 2020 December 6, 2020
  • 10:54

Caisse investing in European elderly care company

The Caisse de dépôt et placement du Québec is acquiring a minority interest in Colisée Group, a Paris-based elderly care company. The investment, alongside an…

  • By: Staff
  • September 25, 2020 December 6, 2020
  • 08:28

Canada Life absorbing TD Bank Future Builders’ RSP program plan members

The Canada Life Assurance Co. is absorbing the Toronto-Dominion Bank’s TD Future Builders retirement savings plan program members as of March 19. “We believe Canada…

  • By: Staff
  • January 6, 2021 January 31, 2021
  • 12:21

A look at the investment variables of variable benefits

Since retirees and active plan members are fundamentally different, should their investment options reflect that distinction? That’s the question confronting defined contribution plan sponsors as…

  • By: Kelsey Rolfe
  • September 18, 2020 December 11, 2020
  • 08:54

Plan Sponsor Week: How DC pension investments handled the pandemic crash

Defined contribution plan members are contending with volatile equity markets, ultra-low interest rates and the threat of inflation as the country’s economy begins its tentative…

CPPIB appoints first chief investment officer

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…

  • December 10, 2020 January 22, 2021
  • 18:48

IPOs head for banner year on stock market’s strength

Companies that cater to the “new normal” of working and shopping from home are rushing to go public. 2020 could turn out to be the…

Where did institutional equity investors turn in coronavirus crash?

During the coronavirus market crash, U.S. stocks with higher institutional ownership experienced worse performance, especially those held by active, short-term and domestic institutions, according to…

  • By: Staff
  • August 17, 2020 December 6, 2020
  • 08:40

Canadian employer pension plans’ asset value rebounds to $2.12 trillion: report

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…

  • By: Staff
  • February 25, 2021 February 25, 2021
  • 10:00

BCI setting climate-related investment targets for 2025

The British Columbia Investment Management Corp. is committing to five-year climate-related targets for its public markets program. The pension fund is targeting a cumulative $5-billion…

  • By: Staff
  • February 24, 2021 February 25, 2021
  • 15:00

Caisse selling back $400M in shares to tech consultancy

CGI Inc. is buying back and cancelling 4.2 million of its class-A subordinate voting shares from the Caisse de depot et placement du Québec for…

HOOPP focusing on DEI, stopping anti-Black racism

The Healthcare of Ontario Pension Plan is making diversity, equity and inclusion initiatives a top priority, including a commitment to combat anti-Black systemic racism. Elena…

  • By: Blake Wolfe
  • February 26, 2021 February 26, 2021
  • 09:00

Canada’s institutional investors focusing on social factors in 2021

While all environmental, social and governance factors are increasingly important to Canada’s institutional investors, it’s the social aspect that’s been a key driver of investment…

  • By: Blake Wolfe
  • February 22, 2021 February 22, 2021
  • 09:00

How lessons from one crisis helped HOOPP tackle another

The Healthcare of Ontario Pension Plan’s struggles when the dot-com bubble burst planted the seeds for the liability-driven investing strategy it’s so well known for…

Pension plans are navigating the bumpy road to recovery

Promising vaccine and coronavirus treatment news, coupled with the inauguration of U.S. President Joe Biden, has given markets a glimmer of certainty and optimism this…

It’s time to revolutionize how investment firms are paid

Investment management is an unusual business in that it doesn’t typically offer customers their money back if they’re unsatisfied with the product or service. This…

Will the environment be back on institutional investor agendas in 2021?

For institutional investors keen to maintain environmental, social and governance commitments made in recent years, there’s a steep climb ahead. The Paris Agreement — and…

  • By: Staff
  • January 6, 2021 January 31, 2021
  • 10:03

University pension plans engaging investees on climate change risks

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…

  • By: Staff
  • February 19, 2021 February 19, 2021
  • 09:00

IIROC nominates three candidates for independent director positions

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…

  • December 10, 2020 January 23, 2021
  • 19:14

Blake Hutcheson succeeds Michael Latimer as OMERS’ CEO

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…

  • December 10, 2020 January 23, 2021
  • 19:13

OMERS says its portfolio lost 2.7 per cent, net of expenses, in 2020

TheOntario Municipal Employees Retirement System says its portfolio lost 2.7 per cent, net of expenses, last year as the coronavirus pandemic hammered its investments. The pension-fund…

Bitcoin ETFs begin trading in North America

North America’s first Bitcoin exchange-traded funds began trading on the Toronto Stock Exchange recently. The Purpose Bitcoin ETF, developed by Toronto-based Purpose Investments, was approved…

Investors expect gold prices to remain bullish: survey

Four in five investors expect the price of gold to rise in 2021, while two out of five expect it to gain at least five…

  • By: Staff
  • February 18, 2021 February 18, 2021
  • 09:00