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PSP joins CPPIB as signatory on DEI pledge

The Public Sector Pension Investment Board is becoming a signatory on a diversity, equity and inclusion pledge. The pension fund joined 179 investment organizations in…

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Improving business outcomes top priority for investment organizations focusing on DEI: survey

A third of investment organizations participating in the CFA Institute’s recent diversity, equity and inclusion program said they’ve trained between 81 and 99 per cent…

  • By: Staff
  • September 16, 2021 September 15, 2021
  • 12:00
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CPPIB-backed sports entertainment stock rebounds after disastrous Nasdaq debut

A sport data intelligence and entertainment provider backed by the Canada Pension Plan Investment Board is seeing its stock price recover following a disastrous first…

  • By: Staff
  • September 16, 2021 September 16, 2021
  • 11:40

UPP naming CIO, senior managing director of private markets

The University Pension Plan is appointing Aaron Bennett as its first chief investment officer. In his new role, Bennett will be responsible for establishing an…

  • By: Staff
  • September 16, 2021 September 16, 2021
  • 10:30

Trusteed pension funds’ assets valued at $2.1T in Q1: StatsCan

The market value of assets held by Canadian trusteed pension funds totalled $2.1 trillion at the end of the first quarter, according to new data…

  • By: Staff
  • September 16, 2021 September 16, 2021
  • 09:32

HOOPP appointing Michael Wissell as chief investment officer

The Healthcare of Ontario Pension Plan is appointing Michael Wissell as its chief investment officer. Prior to the new role, Wissell was the plan’s senior…

  • By: Staff
  • September 16, 2021 September 15, 2021
  • 09:00

Ontario Teachers’ investing in Australian insurance distributor

The Ontario Teachers’ Pension Plan is investing in an Australian insurance distribution company. The pension fund acquired a 33.4 per cent stake in Greenstone and…

  • By: Staff
  • September 14, 2021 September 14, 2021
  • 14:16
Institutional investors agree profits can’t be top concern for companies: survey

Ontario Teachers’ abstains from vote to re-elect female board member

To push for greater female representation on a corporate board, the Ontario Teachers’ Pension Plan withheld its support for the re-election of a female board…

DC pension members prioritizing remuneration, ESG resolutions: survey

Governance-related resolutions are receiving more overall votes from defined contribution pension plan members, but environmental issues are more engaging on a vote-per-measure basis, according to…

  • By: Staff
  • September 14, 2021 September 14, 2021
  • 12:00
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AIMCo, Alberta Teachers’ investment agreement aligning interests of both organizations

The Alberta Teachers’ Retirement Fund said its new agreement with the Alberta Investment Management Corp. is aligning the best interests of both organizations, following several…

  • By: Staff
  • September 14, 2021 September 14, 2021
  • 12:00

Ontario Teachers’ appoints Avid Larizadeh-Duggan to spearhead TIP expansion in EMEA

The Ontario Teachers’ Pension Plan is appointing entrepreneur and venture capitalist Avid Larizadeh-Duggan to serve as the managing director of its Teachers’ Innovation Platform in…

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 13:30
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PSP buys out majority co-investor in U.K. rail company, BCI sells share in property portfolio

The Public Sector Pension Investment Board is buying a majority stake in a passenger rail sector business it’s been invested in for the past 13…

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 12:59

CPPIB, Ontario Teachers’ among the world’s top 20 pension funds

The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are among the 20 largest pension funds in the world in terms of…

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 12:20
Alberta Teachers’ Association set to legally challenge pension order

AIMCo, Alberta Teachers’ sign investment management agreement

The Alberta Investment Management Corp. has reached an investment management agreement with the Alberta Teachers’ Retirement Fund Board following a protracted period of negotiation. The…

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 09:30

TTC Pension Plan naming Anthony Tang portfolio manager of public markets

The Toronto Transit Commission Pension Plan is naming Anthony Tang as its portfolio manager of public markets. In the new role, Tang will oversee about…

  • By: Staff
  • September 7, 2021 September 7, 2021
  • 13:29

AIMCo investing in Australian agriculture firm, CPPIB in cloud-based storage developer

The Alberta Investment Management Corp. is investing in an Australian agricultural company. The AIMCo and Australian investment management firm New Forests Ltd. will co-own Lawson…

  • By: Staff
  • September 7, 2021 September 7, 2021
  • 13:00

Chicago police pension fund accused of mismanaging funds by outside auditor

A report from the Chicago Police Department Pension Board Accountability Group is accusing the management of the Policemen’s Annuity and Benefit Fund of Chicago of…

  • By: Staff
  • September 7, 2021 September 7, 2021
  • 13:00

Pensions in position to off load risks: expert

“Plans are, for the first time in a long time, in a position to off-load risk,” says Murray Wright, one of the contributors to LifeWorks…

ESG influencing company strategy, increasing oil market vulnerability: reports

Majority of climate-themed equity funds out of alignment with Paris Agreement: report

The majority of climate-themed equity funds offer only marginal benefits compared to the broader market, according to a new report by the London-based think tank…

Phishing and ransomware risks on the rise for pension funds, says expert

Phishing and ransomware attacks are among the top threats to pension plan sponsors and institutional investors by cyber criminals, according to Jennifer Williams, director of…

Caisse investing in digital platform developer, medical company

The Caisse de dépôt et placement du Québec is taking a majority share in a California-based digital platform development company. The Caisse secured the shares…

  • By: Staff
  • September 2, 2021 September 8, 2021
  • 09:21
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ESG integration hampered by pension plan sponsors, uncertainty around fiduciary duties: research paper

Board and executive-level efforts to integrate environmental, social and governance issues into pension plans’ investment strategies are frequently thwarted by unclear guidance from plan sponsors…

  • By: Staff
  • September 2, 2021 September 2, 2021
  • 09:00
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Ontario Teachers’, PSP join consortium to buy Australian infrastructure investment company

The Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board are part of a consortium making a binding offer to buy an Australian…

  • By: Staff
  • August 31, 2021 August 31, 2021
  • 13:15

Canada ahead of U.S. in regulating ESG investments but more required: report

Broad support for regulating environmental, social and governance-themed investments in Canada has left the U.S. Securities and Exchange Commission playing catch-up with its northern neighbour,…

Ontario Teachers’ takes stake in autism therapy provider, Caisse entrusts properties to management firm

The Ontario Teachers’ Pension Plan is taking majority stake in a Florida-based therapy provider for children with autism spectrum disorders. The exact terms of the…

  • By: Staff
  • August 31, 2021 August 31, 2021
  • 09:00