Vestcor returns 12.2% in 2024, net assets increase to $23.1BN
Vestcor Inc. achieved an overall investment portfolio return of 12.2 per cent as at Dec. 31, 2024, surpassing its benchmark by 0.1 per cent. In…
Vestcor Inc. achieved an overall investment portfolio return of 12.2 per cent as at Dec. 31, 2024, surpassing its benchmark by 0.1 per cent. In…
Donna Mathieu, vice-president and chief financial officer at NAV Canada, is retiring, effective Oct. 31, 2025. She joined NAV Canada in 2003 and became CFO…
A federal public sector union representing more than 27,000 members is asking the Public Sector Pension Investment Board to divest any holdings in Tesla Inc.…
The Caisse de dépôt et placement du Québec is reporting nearly 80 per cent, or $330 billion, of its total portfolio is invested in assets…
The Ontario Teachers’ Pension Plan is selling its remaining 19.9 per cent free cash flow interest held in a mining asset to New Gold Inc.…
The office of the New York City comptroller, which oversees five public pension systems, is recommending the New York City Law Department seeks securities litigation…
The funded position of a typical Canadian defined benefit pension plan increased both on a solvency and accounting basis in January, according to Telus Health’s…
The Investment Management Corp. of Ontario is reporting a weighted average net return of 9.9 per cent as at Dec. 31, 2024. At the end…
Japanese institutional investors are slowing their allocations to private assets, according to a new report by Crisil Coalition Greenwich. It found the share of Japanese…
The aggregate funded ratio for Canadian pension plans in the S&P/TSX composite index declined to 105.5 per cent in the first quarter of 2025, compared…
The Alberta Investment Management Corp. is reporting a total fund net investment return of 12.3 per cent, roughly 1.5 per cent below its 13.8 per…
Private equity allocations are increasing to 12 per cent in the asset mix of U.S.-based institutional investors while public equities reached 38 per cent in…
The British Columbia Financial Services Authority is releasing a stand-alone information security guideline for pension plan administrators based in the province. The guideline, which will…
The Public Sector Pension Investment Board is selling a minority stake in AGS Airports to alternative asset manager Blackstone Inc. The deal will give Blackstone…
Increased investment volatility could trigger additional questions on the decisions of Canadian pension funds as governance reviews come into focus, says Level Chan, a partner…
Two-thirds (66 per cent) of global institutional investors say they plan to increase their private asset allocations over the next five years, according to a…
The Public Sector Pension Investment Board is appointing Caroline Vermette as senior vice-president and chief financial officer and Alexandre Roy as senior vice-president and chief…
The British Columbia Investment Management Corp. is overseeing $2 billion on behalf of a not-for-profit organization representing the financial interest of 325 First Nations across…
Canadian institutional investors are prioritizing efficient access to liquidity and high-quality brokerage services in the domestic equity market, according to a new report from Crisil…
The Ontario Municipal Employees’ Retirement System is closing a new offering of term notes worth US$1 billion. The notes, which carry a five-year maturity rate,…
The pension risk transfer market achieved a record-breaking demand with $11 billion in deals at the end of 2024, according to a new report from…
The Canada-Wide Industrial Pension Plan is reporting a return of 10.9 per cent for 2024, down slightly from 11.7 per cent in 2023. It also…
The Ontario Teachers’ Pension Plan is reporting a net return of 9.4 per cent for 2024, up from 1.9 per cent in 2023, according to…
The emergence of the Chinese artificial intelligence platform DeepSeek-R1 has raised questions on how it will change the AI value chain, from providers to consumers…
The Ontario Municipal Employees’ Retirement System is appointing Alexander Fraser as executive vice-president and global head of private equity, effective March 17. He’ll succeed Michael…