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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

University of Waterloo aiming to reach full carbon neutrality of pension, endowment investments by 2040

The University of Waterloo is committing to reducing the carbon footprint of its pension and endowment investment portfolios by 50 per cent by 2030, with…

  • By: Staff
  • June 2, 2021 June 2, 2021
  • 09:00
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Desjardins Group to acquire Montreal-based Hexavest

The Desjardins Group is set to acquire Montreal-based investment firm Hexavest Inc. The deal is expected to close on Sept. 1, 2021, subject to certain…

  • By: Staff
  • May 31, 2021 June 1, 2021
  • 15:15
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Pension sponsors have fiduciary responsibility to consider climate change: webinar

Canada’s pension plan sponsors have a fiduciary responsibility to consider climate change in their financial decisions, according to Randy Bauslaugh, counsel for pensions and benefits…

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Caisse signs agreement on Indonesian infrastructure investment, acquires more shares in eyecare company

The Caisse de Dépôt et Placement du Québec, the Indonesian Investment Authority, the Abu Dhabi Investment Authority and APG Asset Management have signed a memorandum…

  • By: Staff
  • May 27, 2021 May 27, 2021
  • 12:00

Value creation may be new cap rate compression in real estate investment

As the era of cap rate compression draws to a close, how can institutional investors maintain the outsized returns they’ve enjoyed for over a decade?…

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Manulife appoints first global head of real assets for private markets

Manulife Investment Management Holdings (Canada) Inc. is appointing Christoph Schumacher as its first global head of real assets for private markets. In the new role,…

  • By: Staff
  • May 25, 2021 May 25, 2021
  • 13:00
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CUPE seeking third-party review of OMERS following 2020 investment losses

The Ontario arm of the Canadian Union of Public Employees is seeking a third-party review of the Ontario Municipal Employees Retirement System’s investment strategies, returns…

  • By: Staff
  • May 25, 2021 May 31, 2021
  • 11:00
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CPPIB reporting $497.2BN net assets in fiscal 2021

A record return over the first full year of the pandemic has put the manager of Canada’s largest retirement fund years ahead of schedule to…

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Caisse investing in wireless communications, BCI in Chile timber

The Caisse de dépôt et placement du Québec is one of two organizations investing a total US$940 million in Phoenix Tower International, a U.S.-based wireless…

  • By: Staff
  • May 21, 2021 May 20, 2021
  • 09:00

Canadian ETF market reaches US$189BN in 2020: report

Assets in the Canadian exchange-traded funds market reached US$189 billion in 2020, fuelled by a compound annual growth rate of 25 per cent over the…

Is there a place for psychedelics in institutional portfolios?

With the global psychedelic drugs market projected to grow at a compound annual growth rate of 12.36 per cent between 2021 and 2027 to a…

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UAPP withdrawing $2.7BN public equities portfolio from AIMCo

The Universities Academic Pension Plan is withdrawing control of its $2.7-billlion public equities portfolio from the Alberta Investment Management Corp. The withdrawal comes following ongoing…

PSP launching U.K. logistics joint venture, Ontario Teachers’ buying Brazilian electricity transmission platform

The Public Service Pension Investment Board is teaming up with real estate investor Bridge Industrial to launch a joint venture targeting logistics properties in the…

Dogecoin, NFTs taking centre stage while institutional investors wait in the wings

If you needed any evidence that cryptocurrency investments are having a mainstream moment, look no further than last weekend’s episode of Saturday Night Live. In the…

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Language, communication shaping DC plan members’ retirement decisions: survey

Language and communication can impact the retirement decisions of defined contribution plan members, according to a new survey by Invesco Ltd. The survey found 60…

  • By: Staff
  • May 14, 2021 May 14, 2021
  • 09:10

Head to head: Should plan sponsors buy annuities via insurers or go DIY?

Two experts weigh in on the merits and drawbacks of taking the traditional annuities route versus opting for the newer do-it-yourself option. Marco Dickner, retirement…

NL’s College of Physicians and Surgeons latest employer to join DBplus pension

Newfoundland and Labrador addressing $8.18BN unfunded pension, employee benefits liabilities

At the end of March 2020, Newfoundland and Labrador had $4.89 billion in unfunded pension liabilities, including unfunded liability and promissory notes, according to a…

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Manulife Financial linking executive team goals to climate action

Manulife Financial Corp. is linking its executive team goals to the company’s climate action plan, including committing to a net-zero focus by reducing emissions operationally, adopting sustainable…

  • By: Staff
  • May 11, 2021 May 11, 2021
  • 15:00