In the face of increasing risk, large asset owners are turning to private market allocations, according to a new report by Mercer. The report, which surveyed asset owners representing more than US$2 trillion in assets collectively, found nearly half (45 per cent) of institutional investors increased their allocation to private markets. In the next year, […]
The benefits of artificial intelligence go hand in hand with the many risks, but the pension industry’s requirements around fiduciary responsibility and governance, as well as privacy concerns, add an important layer to these considerations. Genevieve Hayman, senior affiliate researcher in research, advocacy and standards, the CFA Institute Many artificial intelligence risks — which include […]
The Caisse de dépôt et placement du Québec is selling 2.5 million shares in Intact Financial Corp. for a gross price of $278.60 per share. The transaction is expected to produce gross cash proceeds of roughly $696,500,000 from the offering. Overall, the deal represents 1.4 per cent of the issued and outstanding common shares in […]
A fifth (20 per cent) of individuals from generation Z and generation Alpha are open to receiving pension payouts in cryptocurrency, according to a new survey by cryptocurrency exchange Bitget. While it found three-quarters (78 per cent) expressed greater trust in alternative retirement savings options compared to traditional pension systems, a similar percentage (73 per […]
Investment management fees for open-end real assets funds can reach as high as 20 per cent, while median fees cost institutional investors either 10 per cent or 15 per cent, according to a new study from Callan. The study, which reviewed 144 real assets partnerships across real estate, infrastructure, farmland and timberland, found the median […]
The Canada Pension Plan Investment Board is reinvesting $532 million in its majority-owned Brazilian water and sanitation company Iguá Saneamento. The new financial commitment will fund the company’s growth in the Brazilian state of Sergipe, according to a press release. “This sector has significant room for growth while also providing opportunities to invest in long-term, […]
Canadian corporate pension funds reported an average funding ratio of 117 per cent, while public pension funds reported an average of 116 per cent, according to a new report by Coalition Greenwich. The study, based on interviews more than 150 of the largest tax-exempt funds in Canada, found in 2023, these investors reported that, on average, six […]
Global pension assets fell 16.7 per cent to US$47.9 trillion in 2022, driven largely by a correction in fixed income and equities markets, according to a new report by WTW’s Thinking Ahead Institute. While the report found Canada’s pension asset values dropped by about 18 per cent in 2022, as of last August, it held roughly six […]
The Public Sector Pension Investment Board returned 10.9 per cent — or $19.7 billion — across is total portfolio in the 2022 fiscal year. Between April 1, 2021 and March 31, 2022, the institutional investor’s assets under management grew from $204.5 billion to $230.47 billion, an increase of 12.7 per cent. The results raised PSP […]
While Quebec’s Auditor General Guylaine LeClerc says the Caisse de Dépôt et Placement du Québec’s exposure to international and private markets is increasing fraud and corruption risks, the institutional investor is describing its strategy as “essential.” “Diversification, both in terms of geography and asset classes, is essential to meet the return needs of our depositors over […]