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Latest news in CIR News

OMERS Ventures appointing Michael Yang as managing partner, head of ventures

The Ontario Municipal Employees’ Retirement System venture capital arm is appointing Michael Yang as managing partner and head of ventures. Yang joined OMERS Ventures in…

  • By: Staff
  • September 7, 2023 September 6, 2023
  • 11:23
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Survey finds institutional investors expect yuan to achieve reserve currency status

Nearly all (93 per cent) institutional investors believe the Chinese yuan is going to become the reserve currency for multiple countries within the next five…

  • By: Staff
  • September 7, 2023 September 6, 2023
  • 11:00
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Newfoundland and Labrador arbitrator rules pension grievance can proceed despite late filing, citing “culture of acquiescence”

An arbitrator has ruled that a pension grievance filed seven years beyond a collective agreement’s time limit could proceed because of the employer’s “culture of…

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U.S. public DB pension plans’ funded ratio continues to increase: report

The funded ratio of the 100 largest U.S. public defined benefit pension plans increased to 76.8 per cent as of July 31, up from 75.8…

  • By: Staff
  • September 5, 2023 September 1, 2023
  • 12:08

Ontario Teachers’ acquires majority stake in U.K. wealth manager; OMERS backing lithium battery recycling operator

The Ontario Teachers’ Pension Plan is acquiring a majority stake in a U.K.-based wealth and investment manager. Seven Investment Management oversees more than £21 billion in assets for 2,300…

  • By: Staff
  • September 5, 2023 September 7, 2023
  • 11:00
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Research finds pensions struggle to determine metrics for ESG goals

There’s no one-size-fits-all approach for pension funds looking to use an environmental, social and governance lens in their investment approach, according to a new publication…

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CPPIB laying off staff in Hong Kong as it steps back from China deals: report

The Canada Pension Plan Investment Board has laid off at least five investment professionals at its Hong Kong office as it steps back from deals…

  • By: Staff
  • September 5, 2023 September 1, 2023
  • 09:00

AIMCo reporting 4.5% return in first half of 2023, lifted by global equities

The Alberta Investment Management Corp. is reporting a net return of 4.5 per cent for the six-month period ending June 30, 2023. At the halfway point…

  • By: Staff
  • August 31, 2023 September 5, 2023
  • 11:30

Self-storage investments offer real estate alternative amid general sector struggles

Institutional investors are opening the door to the self-storage category to find some relief from a turbulent year in real estate. According to data published…

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Record levels of pension risk transfers in U.K., U.S. carrying into 2023: report

Record levels of transactions in the U.K. and U.S. pension risk transfer markets in 2022 are carrying into the first half of 2023, according to…

  • By: Staff
  • August 31, 2023 August 30, 2023
  • 10:00

Caisse’s infrastructure arm making key appointments on management team

The Caisse de dépôt et placement du Québec’s infrastructure arm is making key appointments on its management team, effective Sept. 5. CDPQ Infra, which acts as…

  • By: Staff
  • August 29, 2023 August 28, 2023
  • 10:00
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Court of Appeal upholds decision in Brewers Retail pension case

The Ontario Court of Appeal is upholding a decision that stated the Financial Services Regulatory Authority of Ontario’s efforts to block a settlement over pension…

Cybersecurity concerns spark U.S. executive order blocking investments in Chinese tech

As U.S. President Joe Biden signs an executive order obstructing the departure of domestic capital from venture and private capital into China, it’s raising a…

Survey finds North American institutional investors lagging behind on adopting ESG investment strategies

Institutional investors in Asia and Europe are at the forefront of adopting environmental, social and governance investment strategies, while North America lags behind, according to…

  • By: Staff
  • August 24, 2023 August 23, 2023
  • 10:00

CPPIB backing Brazilian reforestation startup; CPPIB, IMCO and OMERS investing in Swedish car battery maker

The Canada Pension Plan Investment Board is investing US$30 million in reforestation efforts in Brazil’s Amazon region through a private venture partnership. The Amazon Reforestation…

  • By: Staff
  • August 24, 2023 August 23, 2023
  • 10:00
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OMERS reporting 3.1% return in first half of 2023, driven by public equities

The Ontario Municipal Employees’ Retirement System is reporting a total fund net return of 3.1 per cent for the six-month period ended June 30, 2023.…

  • By: Staff
  • August 22, 2023 August 21, 2023
  • 09:00
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Ontario DB pension plans return 0.7% in Q2 2023: FSRA

Ontario-based defined benefit pension plans returned, on average, 0.7 per cent on their investments in the second quarter of 2023, according to a new report…

  • By: Staff
  • August 21, 2023 August 18, 2023
  • 09:00

IMCO, PSP Investments acquiring German renewable energy company

A group that includes the Investment Management Corp. of Ontario, the Public Sector Pension Investment Board and private investment firm Sandbrook Capital is acquiring a…

  • By: Staff
  • August 17, 2023 August 16, 2023
  • 11:00

Caisse returns 4.2% in first half of 2023, boosted by exposure to tech sector

The Caisse de dépôt et placement du Québec is reporting a net return of 4.2 per cent for the first half of 2023. The result…

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Ontario Teachers’ reporting 1.9% return, $17.5BN surplus in first half of 2023

The Ontario Teachers’ Pension Plan is reporting a total fund net return of 1.9 per cent for the six-month period ended June 30, 2023. The…

  • By: Staff
  • August 16, 2023 August 15, 2023
  • 09:00

Majority of U.K. DB pension plan sponsors favour annuity buyout as long-term strategy: survey

More than half of U.K. defined benefit pension plan sponsors say they’d consider ways of securing benefits for their members beyond insurance-based solutions, according to a…

  • By: Staff
  • August 15, 2023 August 14, 2023
  • 10:00

CPPIB returns -0.8% in Q1 2024, with fixed income assets down due to higher interest rates

The Canada Pension Plan Investment Board returned negative 0.8 per cent during the first quarter of fiscal 2024, according to its latest quarterly report. By…

  • By: Staff
  • August 14, 2023 August 11, 2023
  • 09:00

How climate change and inflation are impacting agricultural investments

Despite the prevalence of farming in its home province, the Alberta Investment Management Corp.’s agricultural portfolio is just 13 years old, the product of a…

Pulling Simon Fraser University’s endowment funds back from the brink

Jacky Shen suspects he was the oldest intern Simon Fraser University’s treasury department ever had. It was 2007, he was in his early 40s, had…