Canada’s defined benefit pension plans saw median returns of negative 7.33 per cent in the second quarter of 2022, according to the BNY Mellon Canadian master trust universe. It found the one-year median return as of June 30, 2022 was negative 8.25 per cent, while the median 10-year annualized return was 7.45 per cent. Among […]
An expert panel about the impact of environmental, social and governance-focused target-date funds on capital accumulation plans was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: Expert panel: How ESG-focused TDFs could impact workplace CAPs CPPIB investing in discount grocery chain, OMERS acquiring infrastructure […]
An article about Hootsuite providing employees with an extra week off this summer was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Hootsuite giving employees additional week off to support mental health, work-life balance 2. Younger employees more likely to switch jobs for better benefits: […]
The importance of risk management isn’t new for the majority of defined benefit pension plan sponsors and administrators. The impact of long-term interest rates, market volatility, changing demographics and increasing longevity, inflation concerns, geopolitical events and other large economic, environmental and social factors are all contributing to the need to manage the financial risks associated […]
The Saskatchewan Pension Plan is allocating parts of its balanced fund to Ninepoint Partners and Fengate Asset Management in a bid to further diversify its portfolio. Ninepoint has received a private debt allocation of 10 per cent of the SPP’s balanced fund and Fengate will take on a 10 per cent infrastructure allocation, according to a press […]
The Ontario Municipal Employees Retirement System is entering a partnership to acquire a Dutch energy firm. The Algemene Pensioen Groep, a Dutch pension plan, and the infrastructure arm of the OMERS have reached an agreement to jointly acquire Groendus Group from NPM Capital Partners. Based in the Netherlands, Groendus is an energy transition platform created in […]
The real estate arm of the Caisse de dépôt et placement du Québec is acquiring an 11.5 hectare warehouse in Germany. The facility — located in Hamburg, near Europe’s busiest freshwater freight port — serves as a distribution centre for the H&M Group, which will continue to lease the entire facility under its new ownership, […]
While politics plays a role in most investment decisions, it tends to arise on a fairly localized basis, says Michael Craig, head of the asset allocation and derivatives teams at TD Asset Management Inc. In addition, its prominence as a factor usually rises and falls on a cycle, slipping easily off investors’ radar in times […]
The Ontario Teachers’ Pension Plan is entering a joint venture to develop offshore wind projects. In a deal reached with Corio Generation Ltd., the Ontario Teachers’ will receive a 50 per cent stake in the joint venture in exchange for a US$1 billion investment. The funds will be used to develop 14 fixed bottom and floating […]
An article on how employers can support workers as a record number of Canadians prepare to retire was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. How employers can support workers as record number of Canadians near retirement 2. Best Buy adopting remote working-first approach […]