Home News CIR News
CIR news

Latest news in CIR News

CPPIB appointing Suyi Kim as global head of private equity

The Canadian Pension Plan Board is appointing Suyi Kim as senior managing director and global head of private equity, effective September 15. In the new…

Institutional investors’ interest in digital assets on the rise: survey

The majority (71 per cent) of institutional investors expect to add digital assets to their investment portfolios within the next five years, according to a…

  • By: Staff
  • July 29, 2021 July 29, 2021
  • 12:25

Top U.S. DB plan funded ratios see first dip since September 2020: report

The average funded ratio of the top private sector defined benefit pension plans in the U.S. dipped for the first time since September 2020, according…

  • By: Staff
  • July 29, 2021 July 29, 2021
  • 11:45

Ontario Teachers’, PSP, IMCO investing in net-zero fund, Caisse in medtech fund

Three of Canada’s largest pension funds are investing in a new fund focused on the global transition to a net-zero economy. The Brookfield Global Transition…

  • By: Staff
  • July 28, 2021 July 28, 2021
  • 15:00

Investors have role in advancing reconciliation with Indigenous peoples, says report

Institutional investors have a role to play in reconciling Canada with Indigenous people, says a new report by the Reconciliation and Responsible Investment Initiative. “With…

BCI returns 16.5% and increases AUM in fiscal 2021: annual report

The British Columbia Investment Management Corp. returned 16.5 per cent for its combined pension plan clients and increased its assets under management from $171.3 billion…

  • By: Staff
  • July 27, 2021 July 26, 2021
  • 12:00

UPP selects CIBC Mellon for investment operations, pension plan member services

The University Pension Plan has selected CIBC Mellon to provide asset servicing, investment operations and plan member services, including custody, institutional accounting, performance and analytics, risk,…

  • By: Staff
  • July 27, 2021 July 26, 2021
  • 09:00

Canadian pension returns up during Q2, buoyed by global equities: reports

As global equities overcame inflationary fears and continued an upward trend, Canadian pension plan investment returns increased during the second quarter of 2021, with the…

  • By: Staff
  • July 26, 2021 July 26, 2021
  • 09:15

Cryptocurrency sentiment growing bearish, finds survey

Canadian investors and advisors were skeptical about cryptocurrency in the second quarter of 2021, according to a new quarterly survey by Horizons ETF Management Inc.…

  • By: Staff
  • July 22, 2021 July 23, 2021
  • 12:30

CPPIB investing in Canadian AI, PSP in gene-editing software company

The Canadian Pension Plan Investment Board is investing in a Toronto-based artificial intelligence company. The CPPIB entered a $125 million funding round for a Untether AI…

  • By: Staff
  • July 22, 2021 July 22, 2021
  • 12:00
Copyright_scyther5_123RF

Expert panel: How is cryptocurrency impacting institutional investors’ portfolios?

Whether institutional investors welcome it — or even realize it — cryptocurrency is having an impact on their portfolios. The immense size of the crypto…

CFA’s ESG standards could facilitate greenwashing, warns IFIC

The Chartered Financial Analyst Institute’s draft voluntary environmental, social and governance disclosure standards are vulnerable to greenwashing, warns the Investment Funds Institute of Canada. In…

BCI names Ramy Rayes interim EVP, investment strategy and risk

The British Columbia Investment Management Corp. is appointing Ramy Rayes as acting executive vice-president of investment strategy and risk. Rayes, who joined the BCI in…

  • By: Staff
  • July 19, 2021 July 20, 2021
  • 15:00
Copyright_Maurizio De Mattei_123RF

University Pension Plan tackling ESG issues by joining 30% Club, CCGG and SHARE

The newly minted University Pension Plan is tackling environmental, social and governance issues head on by partnering with the 30% Club, Canadian Coalition for Good…

18045459-123rf

Volitility, high inflation to be expected during coronavirus recovery, says Bank of Canada

Canada’s economy will undergo volatility and inflationary acceleration as the nation recovers from the coronavirus pandemic, warns the governor of the Bank of Canada. “The process…

  • By: Staff
  • July 15, 2021 July 15, 2021
  • 13:00
Copyright_Sebastien Decoret_123RF

CPPIB enters U.S. office co-investment deal, Japanese data centre joint venture

The Canadian Pension Plan Investment Board is entering a co-investment partnership with the Government of Singapore Investment Corp. and Boston Properties Inc. to acquire $1 billion…

  • By: Staff
  • July 15, 2021 July 15, 2021
  • 11:00
105364514-123RF

CPPIB invests in India’s top e-commerce company, Caisse in India’s bio-tech labs

The Canada Pension Plan Investment Board is investing $1 billion in Amazon.com Inc.’s chief rival in the Indian e-commerce sector. The Flipkart Group, which was founded in…

  • By: Staff
  • July 13, 2021 July 12, 2021
  • 08:50

Canadian DB pensions’ funding positions improve in June as bond returns level off: report

The funded position for an average Canadian defined benefit pension plan improved slightly on both a solvency and accounting basis in June, according to a new…

  • By: Staff
  • July 9, 2021 July 9, 2021
  • 15:00
Copyright_Wang Aizhong_123RF

CPPIB sells energy company stake to Ontario Teachers’, Caisse enters joint venture to finance real estate developments

The Canada Pension Plan Investment Board has reached a deal to sell half of its shares of a Washington-based energy company to the Ontario Teachers’…

  • By: Staff
  • July 8, 2021 July 9, 2021
  • 11:00

AIMCo names James Barber as EVP, public equities

The Alberta Investment Management Corp. is appointing James Barber as executive vice-president of public equities, effective July 14. He joins the AIMCo from AMP Investment…

  • By: Staff
  • July 8, 2021 July 8, 2021
  • 09:00

UTAM naming Chuck O’Reilly as new president, CIO

The University of Toronto Asset Management Corp. is appointing Chuck O’Reilly as its next president and chief investment officer. O’Reilly, the UTAM’s senior portfolio manager…

  • By: Staff
  • July 6, 2021 July 6, 2021
  • 15:00

ESG investing and human rights: “Ignorance is no longer an excuse”

It’s a welcome development that so many pension fund managers are increasingly preoccupied with the ethical implications of their investments and incorporating data to ensure…

Canadian DB pensions see improved funded position, investment returns: reports

The aggregate funded ratio for Canadian defined benefit pension plans in the S&P/TSX composite index increased from 94.8 per cent in the first quarter of…

  • By: Staff
  • July 5, 2021 July 2, 2021
  • 09:00

PSP in joint venture on Toronto film studio, Caisse and OTPP to jointly acquire U.S. insurer

The Public Sector Pension Investment Board is embarking on a joint venture with a real estate firm to build a film and television production studio…

  • By: Staff
  • July 2, 2021 July 28, 2021
  • 15:00