CIR news

Latest news in Public Equities

Canadian DB pension plan solvency down 0.7% in February: report

The funded position of a typical Canadian defined benefit pension plan fell slightly on a solvency basis and rose on an accounting basis in February,…

  • By: Staff
  • March 21, 2023 March 21, 2023
  • 12:30
84897190-123rf

CPPIB sells stake in French home care company; Ontario court gives retailer protection to Caisse, OMERS, OTPP as Nordstrom leaves Canada

The Canada Pension Plan Investment Board is selling its stake in a scandal-ridden French home care company for €26.1 million — 6.18 per cent of the…

  • By: Staff
  • March 21, 2023 March 21, 2023
  • 12:30
Copyright_jakkapan_123RF

Trusteed pension funds’ assets valued $2.1T in Q3: StatsCan

The market value of assets held by Canadian trusteed pension funds rose 2.3 per cent in the third quarter of 2022, hovering around $2.1 trillion, according…

  • By: Staff
  • March 21, 2023 March 21, 2023
  • 09:00

A look at China’s private pension pilot project

Traditionally, Chinese workers have relied on two pillars of income in retirement — the basic state pension and employer-sponsored plans open to employees in certain…

OPTrust posts 2.2% net losses in 2022, remains fully funded

The OPSEU Pension Trust finished 2022 with net assets of $24.642 billion, down 2.2 per cent from the previous year, according to its latest annual…

CPPIB jointly acquiring cloud-based software company, OMERS subsidiary entering debt financing agreements

The Canada Pension Plan Investment Board is jointly acquiring an experience management software provider. The CPPIB and Silver Lake, a private equity firm, will acquire…

  • By: Staff
  • March 14, 2023 March 14, 2023
  • 12:30
99591485-123RF

Watchdog accusing CPPIB of greenwashing acquisition of oil company

Shift Action for Pension Wealth and Planet Health is describing the Canada Pension Plan Investment Board’s acquisition of a significant stake in one of California’s largest…

  • By: Staff
  • March 9, 2023 March 9, 2023
  • 12:00

Ontario Teachers’ venture capital arm expects lower private equity valuations in 2023: report

The venture capital arm of the Ontario Teachers’ Pension Plan anticipates that a slowing global economy, interest rate hikes and limited funding opportunities will drive…

  • By: Staff
  • March 7, 2023 March 7, 2023
  • 12:45

Expert panel: Defining risk depends on investing horizon

What’s the right definition of risk in financial markets? Finding the answer to this question has become even more important because the number of retail…

Bâtirente’s diversified funds lost between 5.7% and 8.6% in 2022

Bâtirente’s diversified funds lost between 5.7 per cent and 8.6 per cent in 2022 as a result of tumultuous conditions in the global economy, according…

  • By: Staff
  • March 2, 2023 March 2, 2023
  • 12:00

AIMCo investing in Toronto real estate fund, Caisse entering share repurchase in IT provider

The Alberta Investment Management Corp. is investing in a new real estate fund focused on developing rental housing across the Greater Toronto Area. The Fitzrovia…

  • By: Staff
  • February 28, 2023 February 28, 2023
  • 12:00

OMERS returns 4.2% for 2022, led by alternative investments

The Ontario Municipal Employees’ Retirement System’s assets grew by 4.2 per cent to $124.2 billion in 2022, according to its annual results. “Our significant allocations…

  • By: Staff
  • February 28, 2023 February 27, 2023
  • 12:00

DB pension plans with overlay strategies finding flexibility after OSFI’s going-concern discount rate clarification: expert

Defined benefit pension plan sponsors using overlay strategies will gain more flexibility amid rising inflation now that the Office of the Superintendent of Financial Institutions…

AIMCo sees ‘silver lining’ to higher inflation, interest rates

Marlene Puffer, chief investment officer of the Alberta Investment Management Corp., believes many public market asset classes are under-priced as a result of inflation and…

  • By: Staff
  • February 23, 2023 March 1, 2023
  • 12:00

Caisse reporting -5.6% return for 2022, expects 2023 to be a ‘year of transition’

The Caisse de dépôt et placement du Québec generated average returns of negative 5.6 per cent in 2022. “The year 2022 provided an environment filled…

ESG influencing company strategy, increasing oil market vulnerability: reports

Pension plans among shareholders suing Shell board over climate strategy

Several European pension plans are backing a lawsuit against Shell Corp. alleging its board is mismanaging climate risk and breaching company law. The lawsuit, launched…

  • By: Staff
  • February 14, 2023 February 13, 2023
  • 11:30
Copyright_Pattanaphong Khaunkaew_123RF

CPPIB generated 1.9% returns in fiscal Q3, buoyed by rebound in public equities

The Canada Pension Plan Investment Board’s assets returned 1.9 per cent during the third quarter of fiscal 2023, according to its latest quarterly report. By…

  • By: Staff
  • February 13, 2023 February 10, 2023
  • 09:00

Revamping, retuning investment allocations at the ATCO’s pension plans

When Tye McAllister was in middle school, he received a life-changing gift from his father — The Wealthy Barber, a practical guide to financial planning…

Copyright_123RF

Canadian DB pension plans see median return of 4.27% in last quarter of 2022: report

Despite the challenging economic environment, Canadian defined benefit pension plans saw a median return of 4.27 per cent in the fourth quarter of 2022, according…

  • By: Staff
  • February 7, 2023 February 8, 2023
  • 11:30

Canadian DB pension plans down 12.8% in 2022: report

The median Canadian defined benefit pension plan returned 2.8 per cent during the last quarter of 2022 after facing losses of 12.8 per cent over…

  • By: Staff
  • January 30, 2023 January 31, 2023
  • 15:00
Copyright_radachynskyi_123RF

Ontario Teachers’ focusing on board diversity in proxy voting guidelines

The Ontario Teachers’ Pension Plan is setting higher expectations for increased participation of women in board roles at large-cap companies in 2023. The pension fund’s…

  • By: Staff
  • January 24, 2023 January 24, 2023
  • 09:00

Coverage of the 2022 Investment Innovation Conference

During history’s turning points, fortune favours the innovators. As the world moves beyond the coronavirus pandemic and the global workforce entrenches the improved labour conditions…

2022 IIC coverage: Finding differentiated sources of growth and alpha in emerging markets

Emerging market economies with strong domestic structural growth stories are likely to thrive in the next 10 years, said Alexis Freyeisen, investment strategist for emerging…

2022 IIC coverage: Using thematic strategies to derive more value from private markets

Institutional investors should be adopting innovative thematic approaches to derive more value from private markets, according to Nelson Lam, senior vice-president of equity and alternative…

2022 IIC coverage: Rethinking the role of carbon-intensive assets in investment portfolios

Reduced investment in the fossil fuel sector will lead to higher energy prices, encouraging the development of transition technologies, according to Mark Lacey, head of…