Canadian defined benefit pension plans saw a median return of 0.27 per cent for the third quarter of 2022 amid a challenging economic environment, according to the BNY Mellon Canadian master trust universe. The universe, which is designed to provide peer comparisons by plan type and size, comprises 80 Canadian corporate public and university pension […]
The Caisse de dépôt et placement du Québec is appointing Martin Longchamps as executive vice-president and head of private equity, effective Nov. 14, 2022. Based in the Caisse’s Montreal office, Longchamps will be responsible for the investment organization’s international private equity portfolio, which includes investments in various sectors around the world. Before joining the Caisse, […]
The Caisse de dépôt et placement du Québec is investing a potential US$339 million in a renewable energy company in Japan. According to a press release, the investment will allow Shizen Energy Inc. to accelerate its ongoing renewable power plant development activities, business enhancement initiatives in energy digitalization and human capital expansion in key markets. […]
The world’s 500 largest asset managers’ total discretionary assets under management increased by 10.2 per cent in 2021, reaching US$131.7 trillion, according to a new report by WTW’s Thinking Ahead Institute. It found North American AUM accounted for more than half (59.9 per cent) of AUM in the top 500 managers, garnering $78.9 trillion by […]
Rising interest rates and market turmoil have called into question the ability of core fixed income to provide pension plan sponsors with its traditional benefits of stable returns and income, diversification and capital preservation. But Kevin Minas, vice-president and client portfolio manager of global fixed income at CIBC Asset Management Inc., said he actually expects […]
When Saskatchewan’s Public Employees Pension Plan decided to make investments in alternative assets, it took a defined benefit approach to its defined contribution pension plan, giving its members access to private equity and infrastructure while still offering daily liquidity. The strategy was fitting, given the PEPP’s companion DB plan, the Municipal Employees Pension Plan, had […]
The majority (89 per cent) of global institutional investors are implementing sustainable investing, compared to 76 per cent in 2021, according to a new survey by FTSE Russell. The survey, which polled nearly 200 asset owners with between US$1.1 trillion and US$3 trillion, found 44 per cent said they’re currently considering how to incorporate climate […]
The Ontario Municipal Employees’ Retirement System has until the end of October to decide if it will serve as the lead plaintiff in a class action suit brought against an Indian solar energy sector business. The lawsuit, which charges Azure Power Global Ltd. and several of its current and former executives with violations of the […]
While global institutional investors expect losses to continue in the fixed income market and are concerned that central banks may be too optimistic on the peak of inflation, they’re also finding good news in alternative investments and the importance of environmental, social and governance factors, according to a new report by Aeon Investments. The report, […]
The Canada Pension Plan Investment Board’s investment in a grain exporter may be used as a propaganda tool by the Russian government, according to J. Paul Goode, McMillan chair in Russian studies at the Institute of European, Russian and Eurasian Studies at Carleton University. “If a company as important as Viterra is to the Canada […]