News CIR News Page 42
CIR news

Latest news in CIR News

ICPM appointing Julie Mallory to research committee

The International Centre for Pension Management is appointing Julie Mallory, managing director of portfolio strategy and investment risk at Ontario Power Generation Inc., to its…

  • By: Staff
  • July 11, 2023 July 11, 2023
  • 12:30

Alberta government accused of sitting on provincial pension feasibility study

Alberta’s finance critic says a report on the feasibility of a provincial replacement for the Canada Pension Plan has been kept back from the public…

  • By: Staff
  • July 11, 2023 July 11, 2023
  • 12:00

OMERS to acquire Dutch energy infrastructure solutions business, Ontario Teachers’ investing in Australian industrial site

The Ontario Municipal Employees’ Retirement System’s infrastructure arm, alongside APG Asset Management on behalf of Dutch pension fund ABP, is signing an agreement to acquire…

  • By: Staff
  • July 11, 2023 July 11, 2023
  • 12:00

Canada Post pension plan down 6.7% in 2022

Canada Post Corp.’s defined benefit pension plan’s assets declined 6.7 per cent in 2022, according to its  latest annual report “2022 was a turbulent year…

  • By: Staff
  • July 11, 2023 July 11, 2023
  • 09:00

Fidelity supporting young Canadians’ financial literacy with video series

Fidelity Canada is supporting the future financial well-being of young Canadians through a new video series hosted by the organization’s employees. The series, known as…

Canada Post appointing Theva Naidoo as director of pension fund investments, external equities

The Canada Post Corp. pension plan is appointing Thavanesan Naidoo as director of pension fund investments and external equities. Naidoo, who has more than 30…

  • By: Staff
  • July 6, 2023 July 6, 2023
  • 12:30

CPPIB acquiring experience management software company, PSP selling 10% stake in locomotive business

The Canada Pension Plan Investment Board is acquiring a significant stake in an experience management software provider. The investment organization and Silver Lake, a global…

  • By: Staff
  • July 6, 2023 July 5, 2023
  • 12:00

Median solvency ratio of Canadian DB pensions up in Q2: reports

Canadian defined benefit pension plans’ median solvency ratio increased in the second quarter of 2023, according to a new report by Mercer. The report, which looked…

  • By: Staff
  • July 6, 2023 July 5, 2023
  • 09:00
Copyright_noodles73_123RF

TTC Pension Plan appointing Andy Greene as CIO, James Clarkson as CFO

The Toronto Transit Commission Pension Plan board is appointing Andy Greene as chief investment officer and James Clarkson as chief financial officer and treasurer. As CIO,…

  • By: Staff
  • July 4, 2023 July 4, 2023
  • 12:30

Canadian annuity prices show asymmetrical response to interest rate shifts: experts

Canadian annuity prices have an asymmetrical response to changing interest rates, making it more expensive to de-risk defined benefit pension plans shortly after rates rise,…

Pension investment organizations backing consolidated sustainability standards in joint statement

The leaders of 11 of Canada’s largest public sector pension investment organizations are calling on companies to adopt a new framework that would consolidate existing…

  • By: Staff
  • June 29, 2023 June 29, 2023
  • 12:30

Remembering Hislop vs. Canada, landmark case securing CPP benefits for all same-sex partners

In 2000, the federal government announced same-sex partners of Canada Pension Plan beneficiaries could claim survivor benefits, as long as their bereavement had occurred no…

Asset managers anticipating short-term growth: survey

More than four-fifths (84 per cent) of asset managers expect their firms will grow over the next 18 months, according to a new survey by…

  • By: Staff
  • June 29, 2023 June 30, 2023
  • 12:30

ACPM urging Ontario to remove burdensome requirements from proposed target-benefit pension framework

The Association of Canadian Pension Management is urging the Ontario government to ensure its proposed rules for multi-employer target-benefit pension plans don’t undermine existing incentives that enable…

  • By: Staff
  • June 29, 2023 June 29, 2023
  • 09:00
Copyright_tomwang_123RF

Ontario Teachers’ appointing Bruce Crane as executive managing director, head of Asia-Pacific

The Ontario Teachers’ Pension Plan is appointing Bruce Crane as executive managing director and head of Asia-Pacific, effective immediately. He will lead investment activities and…

  • By: Staff
  • June 28, 2023 June 28, 2023
  • 15:00
Copyright_millenius_123RF

BCI’s net assets grow 3.5% in fiscal 2023, led by alternatives

The British Columbia Investment Management Corp. saw a return of 3.5 per cent and increased its assets under management from $228.6 billion to $233 billion…

  • By: Staff
  • June 27, 2023 June 27, 2023
  • 12:30
Copyright_Olga Yastremska _123RF

Ivanhoé Cambridge entering self storage partnership, Ontario Teachers’ backing telecom tower acquisition

The real estate arm of the Caisse de dépôt et placement du Québec is making its first investment in alternative industrial assets through a partnership…

  • By: Staff
  • June 27, 2023 June 27, 2023
  • 12:30

Are institutional investors meeting diversity targets set for investee companies?

Considering women account for just over half of the population, Andrew MacDougall understands why — taken in isolation — the state of female representation at…

Leveraging the long-term perspective at Rexel North America

The current economic maelstrom, with its high inflation and interest rates, has left many institutional investors operating in uncharted territory — though not Rashid Maqsood,…

Caisse backing Australian agricultural platform, Ontario Teachers’ reinvesting in data centre provider

The Caisse de dépôt et placement du Québec is entering a strategic agricultural partnership with an Australian government bank. The investment organization and the Clean…

  • By: Staff
  • June 22, 2023 June 21, 2023
  • 12:30

Caisse failing to fulfill investment mandate, according to report

The Caisse de dépôt et placement du Québec isn’t fulfilling its mandate to achieve optimal investment returns within its investment framework, according to a new…

  • By: Staff
  • June 22, 2023 June 22, 2023
  • 12:30

LAPP appointing Troy Mann as president, CEO

The Local Authorities Pension Plan Corp. is appointing Troy Mann as president and chief executive officer. He joins the Edmonton-based organization from the Alberta Pensions…

  • By: Staff
  • June 22, 2023 June 21, 2023
  • 12:30

Oxford Properties acquiring Banff hotel; OMERS, CPPIB funding Indian infrastructure acquisitions

The Ontario Municipal Employees’ Retirement System’s real estate arm is jointly acquiring a hotel in Banff National Park, Alta., alongside Accor, a French hospitality business.…

  • By: Staff
  • June 20, 2023 June 20, 2023
  • 12:30

81% of institutional investors anticipate de-risking over next two years: survey

Institutional investors expect market volatility, high inflation and rising interest rates to spur portfolio de-risking policies over the next two years, according to a new…

  • By: Staff
  • June 20, 2023 June 20, 2023
  • 12:30
Caisse invests in sustainability, OMERS and Ontario Teachers’ sell stake in utility

CPPIB, BCI backing agricultural acquisition; PSP allocating to thematic fund

The British Columbia Investment Management Corp. and the Canada Pension Plan Investment Board are backing an acquisition in the agricultural industry. Bunge Ltd., an oilseed…

  • By: Staff
  • June 15, 2023 June 19, 2023
  • 12:30