Canada’s pension plans are weathering the coronavirus pandemic, with many plans currently in their best financial shape in several years. The early days of the…
The British Columbia Investment Management Corp. is investing in a global corporate services provider. Through the agreement, which was reached with majority investor Corsair Capital,…
In a move widely anticipated by the financial sector, the Bank of Canada is increasing its target for the overnight rate to 0.5 per cent.…
With Ontario’s defined benefit pension plans in their best financial shape since 2009, the Financial Services Regulatory Authority of Ontario is advising plan sponsors and…
In response to the ongoing conflict between Russia and Ukraine, the Alberta Investment Management Corp. and the British Columbia Investment Management Corp. are divesting from…
The Ontario Municipal Employees Retirement System returned 15.7 per cent for 2021, a significant increase on its 2020 return. In its annual report, the OMERS…
A European long-term care home operator backed by the Canada Pension Plan Investment Board is facing allegations of elder abuse and the misappropriation of public…
The Nova Scotia Pension Services Corp. is acquiring an industrial property for a Quebec electric vehicle design company. The 8.42 hectare facility, located in Chicago, will be…
The Alberta Investment Management Corp. is appointing Sandra Lau and James Barber as co-chief investment officers, effective March 1. The pair will succeed Dale MacMaster,…
North American stock markets plunged after opening to news that Russian forces have launched a new military offensive in Ukraine. In New York, the Dow…
The Caisse de dépôt et placement du Québec saw overall returns of 13.5 per cent in 2021, its best performance since 2010. By the end…
The Canada Pension Plan Investment Board is entering a joint venture to develop multifamily residential communities in high-growth metropolitan areas of the U.S. The institutional…
The California Public Employees’ Pension Retirement System is appointing Nicole Musicco as its new chief investment officer, effective March 28. She joins the CalPERS from…
A Danish defined benefit pension fund is ceasing its investments in Russian assets following recent developments in the ongoing crisis between the world’s largest nation…
A consortium including several of Canada’s largest institutional investors is acquiring an Australian energy network. The Alberta Investment Management Corp., the Healthcare of Ontario Pension…
The strength of equities was among the factors pushing the transaction volume of Canada’s group annuities market to a record high in 2021, according to…
The average Ontario defined benefit pension plan is in the best funded position since December 2009, according to the Financial Services Regulatory Authority of Ontario’s…
The British Columbia Investment Management Corp. is jointly sponsoring the launch of a company managing timberland assets located in the southeastern U.S. Together with the…
The Public Sector Pension Investment Board is publishing a green bond framework, which is aligned with existing standards in green bond and sustainable debt markets.…
Neil Cunningham is stepping down from his role as president and chief executive officer at the Public Sector Pension Investment Board on March 31, 2023.…
The Ontario Municipal Employees’ Retirement System is selling its interest in a group operating dermatology clinics in the U.S. The institutional investor will sell its…
The University Pension Plan is integrating diversity, equity and inclusion measures into its investment strategy. The pension plan sponsor’s responsible investing policy considers environmental, social…
The Canada Pension Plan Investment Board is committing to making its portfolio net zero by 2050, but says it won’t be making any blanket divestments. The organization…
As a nuclear power provider, Bruce Power’s culture emphasizes the importance of risk-averseness. This is reflected in the company’s efforts to secure the indexed benefits…
The British Columbia Investment Management Corp. is selling its stake in a Toronto-based trucking company. The investment manager will sell Pilot Freight Services, which specializes…