MSCI Inc. is awarding emerging market status to the MSCI Kuwait Indexes as the country’s equity market now meets the required criteria for reclassification. The…
A new report by the C.D. Howe Institute is recommending the federal government amend legislation to allow Canadians to buy life annuities within a tax-free savings account.…
The Canada Life Assurance Co. is eliminating plastic drug plan cards, with an aim to move to a completely digital experience for group plan members…
Sun Life Financial Inc. says it has committed about $1.05 billion for a deal that will give it majority ownership of London-based InfraRed Capital Partners,…
The Nasdaq is launching a publicly available, web-based sustainable bond network. Bond issuers will be able to use the platform to voluntarily publish data and…
Sweden’s central bank has ended a five-year experiment of keeping its benchmark interest rate below zero, a policy that other countries have also adopted to…
The Canada Pension Plan Investment Board is committing US$225 million to the India Resurgence Fund platform, through its wholly owned subsidiary CPPIB Credit Investments Inc. The IndiaRF is…
Eight hundred unionized employees of Regina-based Co-op Refinery remain locked out after contract negotiations stalled. The refinery, which is part of Federated Co-operatives Ltd., locked out…
In 2009, the Air Canada pension plan was in dire straits with a $2.6 billion solvency deficit. A decade later, it has a surplus of…
Canadian insurance and risk management brokerage Navacord Corp. is acquiring Concord, Ont.-based SmartChoice Benefits Inc. The acquisition will allow Navacord to enter the third-party administration space, noted a press…
Manitoba Premier Brian Pallister is calling for a merger of management services for the province’s public-sector pensions. Pallister says he’s not suggesting the funds themselves…
Heading into 2020 and beyond, the outlook for interest rates is impacting the federal government’s projected pension obligations and its budgetary balance. In its 2019 fall economic…
Manitoba Premier Brian Pallister is calling for a merger of the management services for the province’s public-sector pensions. Pallister says he’s not suggesting the funds…
Capital accumulation plan members saw a slight uptick in their plan outcome in the first quarter of 2024, as annuity rates rebounded to levels comparable…
Amid a challenging private market fundraising landscape, the flow of co-investment deals increased dramatically in 2023, according to a report by alternative investment management and…
Institutional investors are limiting portfolio diversification through overexposure to a selected group of U.S. technology stocks, says Alec Murray, senior vice-president and head of equity…
The British Columbia Investment Management Corp. is selling more than US$1 billion worth of private equity funds to Ardian, a France-based independent private equity investment…
The Canada Pension Plan Investment Board plans to nearly double the size of its credit holdings over the next five years, according to reporting by…
In the fight against cybercriminals, institutional investors and other financial organizations are managing cybersecurity just as seriously as any other type of business risk, with…