Last year was another significant one for the real estate market as British Columbia introduced its tax on foreign buyers and the federal government made another set of changes to mortgage rules. The market remained relatively strong despite the changes, but with the landscape for real estate in flux, many institutional investors are fine-tuning their […]
With many funds considering co-investments for real estate deals, Canadian pension plans have been particularly eager to embrace the option. Globally, 19 per cent of public pension funds and 15 per cent of private plans make co-investments, according to a report published last year by London, England-based data and intelligence company Preqin Ltd. Those numbers […]
The Caisse de dépôt et placement du Québec and the Public Sector Pension Investment Board have completed their acquisition of U.S.-based TeamHealth Holdings Inc. for about $58 per share. The investment in the physician-services organization, which totalled about $8 billion, will take the previously publicly held company private. Other investors include funds affiliated with Blackstone, a global asset […]
Large institutional investors plan to put more cash towards less liquid assets this year, according to a new study by BlackRock Inc. Its survey of 240 global institutional investors found 25 per cent of respondents intend to decrease their cash allocations in 2017 and 58 per cent plan to increase their real asset allocations compared […]
The Labourers’ Pension Fund of Central and Eastern Canada has invested $11 million in NRStor Inc., a private Toronto-based energy storage project developer. In addition to its equity financing, the multi-employer pension plan will provide $200 million in capital to support the developer’s project pipeline. The pension fund’s union, the Laborers’ International Union of North […]
Pension fund halves its exposure.
Plan sponsors need to understand what's going on under the hood.
Hedge funds end 4-month losing streak
New research compares how experienced and inexperienced investors allocate to alternatives.
Plan sponsors are now using alternatives in strategic ways.