CIR news

Latest news in CIR News

How Canada’s pension funds are maximizing fixed income in a low interest rate environment

With bond returns tied to interest rates, it’s no surprise Canadian pension funds are increasingly seeking other ways to boost fixed income yields. Canadian interest…

AIMCo beats fixed income benchmarks with innovation, flexibility

It isn’t an easy time to be a fixed income investor. After a volatile year that included a severe liquidity squeeze in the spring of…

Back to basics on insurance-linked securities

As institutional investors seek portfolio diversification and the insurance industry seeks additional capacity amid global growth, investment strategies incorporating insurance-linked securities are providing a solution…

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The future of investing is multi-disciplinary

The future will increasingly favour institutional investors that can break old patterns of thought. As we move forward and industries and new technologies converge at…

CPPIB, AIMCo re-invest in telecom infrastructure giant, BCI in logistics firm

The Canada Pension Plan Investment Board and the Alberta Investment Management Corp. are together investing $2.4 billion in the Australian digital infrastructure company BAI Communications…

  • By: Staff
  • June 29, 2021 June 30, 2021
  • 10:00

Value of assets in trusteed pension funds rises 6.6% in 2020 to $2.22 trillion: StatsCan

The value of assets held by Canadian trusteed pension funds increased to $2.2 trillion in the fourth quarter of 2020, according to new data from…

  • By: Staff
  • June 28, 2021 June 28, 2021
  • 09:00
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PIAC warns of ‘unintended consequences’ of pension super-priority bill

There could be “unintended consequences” if a bill conferring preferred creditor status to defined benefit pension plan members during bankruptcies passes through Canada’s House of Commons,…

  • By: Staff
  • June 23, 2021 June 24, 2021
  • 13:00
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PIAC urging SEC to adopt broader ESG reporting rules

The Pension Investment Association of Canada is urging the U.S. Securities and Exchange Commission to adopt new rules mandating enhanced disclosures of climate risks and…

  • By: Staff
  • June 22, 2021 June 22, 2021
  • 09:00

Ontario Teachers’ investing in AI-based hiring platform

The Ontario Teachers’ Pension Plan is leading a US$138 million ($172 million) Series C funding round for Beamery Ltd., a company with an artificial intelligence-based…

  • By: Staff
  • June 22, 2021 June 22, 2021
  • 09:00
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PSP reporting 18.4% net return for fiscal 2021

The Public Sector Pension Investment Board is reporting a net return of 18.4 per cent in fiscal 2021. As of March 31, 2021, the PSP…

  • By: Staff
  • June 22, 2021 June 21, 2021
  • 09:00

Ontario Teachers’ investing in online education platform, plant-based food development company

The Ontario Teachers’ Pension Plan has raised $375 million in a series D funding round for Applyboard Inc., an online platform that connects students to…

  • By: Staff
  • June 17, 2021 June 17, 2021
  • 12:30

Canada’s largest pension funds come together at inaugural climate change event

Representatives from eight of Canada’s largest pension funds — known as the Maple Eight — participated in the first meeting of the Sustainable Finance Action…

  • By: Staff
  • June 16, 2021 June 17, 2021
  • 09:00

Financial market regulators highlighting focus on DC investment fees

Investment fees led the agenda at the Joint Forum of Financial Market Regulators’ annual meeting last week. This year, the forum engaged externally on investment fees,…

  • By: Staff
  • June 15, 2021 June 14, 2021
  • 15:00

Canadian pension funds calling for co-ordinated world response to climate crisis

A number of Canadian institutional investors, including the British Columbia Investment Management Corp., the British Columbia Municipal Pension Plan, the Caisse de dépôt et placement…

  • By: Staff
  • June 15, 2021 June 15, 2021
  • 09:00

OMERS in equity funding for Swedish battery manufacturer

The Ontario Municipal Employees Retirement System is co-leading a US$2.75 billion ($3.3 billion) private placement to raise equity for Northvolt, a Swedish battery maker. Alongside…

  • By: Staff
  • June 14, 2021 June 14, 2021
  • 08:45
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Decline in bond yields signals market observers to be on ‘inflation watch’: report

The funded position for an average Canadian defined benefit pension plan improved slightly during May, with a solvency of 108.2 per cent, according to a…

  • By: Staff
  • June 10, 2021 June 10, 2021
  • 12:30
Caisse investing in wind and solar projects, AIMCo in German real estate

Caisse buying natural gas company, Ontario Teachers’ closing Enwave deal

The Caisse de dépôt et placement du Québec is taking a majority interest of Noverco and its subsidiary Energir, Quebec’s largest natural gas distribution company.…

  • By: Staff
  • June 9, 2021 June 11, 2021
  • 08:45

British Airways appointing outsourced chief investment officer

British Airways is appointing Blackrock Inc. as outsourced chief investment officer for its two defined benefit pension plans. While many U.K.-based pensions have adopted an…

  • By: Staff
  • June 8, 2021 June 8, 2021
  • 12:30

Bankruptcy and insolvency bill will negatively affect struggling DB pensions, says ACPM president

The Association of Canadian Pension Management is urging parliamentarians to vote down the final version of a new bankruptcy and insolvency bill. If passed, Bill…

  • By: Staff
  • June 8, 2021 June 11, 2021
  • 09:00
Canadian ESG-related investment assets surge to $3.2 trillion: report

BCI’s 2020 ESG report highlights sustainable bonds, investment guidelines

The British Columbia Investment Management Corp. is becoming “more intentional about” its ongoing environmental, social and governance efforts in the wake of the coronavirus pandemic, says…

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CPPIB in funding for renewable energy software start-up, Caisse in manufacturer platform

The Canada Pension Plan Investment Board and partners have closed a $27 million series B funding round for Clir Renewables, a software start-up developing cloud-based renewable…

  • By: Staff
  • June 7, 2021 June 7, 2021
  • 09:00
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New longevity pension fund offers decumulation option for plan sponsors

Purpose Investments Inc. is introducing a new longevity pension fund, which invests 50 per cent in equities and 50 per cent in fixed income. It…

U.S. pension funds supporting changes to Exxon board in battle over climate change

As Exxon Mobil Corp. shareholders continue their bid to force the oil giant to deal more aggressively with climate change, several large U.S. institutional investors are…

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Saskatchewan Pension Plan appointing Shannan Corey to top job

Shannan Corey will succeed Katherine Strutt as the executive director of the Saskatchewan Pension Plan. A 30-year veteran of the pension sector, Corey most recently…

  • By: Staff
  • June 3, 2021 June 3, 2021
  • 09:30
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CPPIB investing in West Bengal mall, OTPP selling British biscuit company

The Canada Pension Plan Investment Board is investing 5.6 billion Indian rupees (about $93 million) to secure a 49 per cent equity stake in a…

  • By: Staff
  • June 2, 2021 June 2, 2021
  • 16:00