The Canada Pension Plan Investment Board says it earned a net return of 9.3 per cent for its latest fiscal year. The board says the fund totalled $714.4 billion in net assets as at March 31, up from $632.3 billion a year earlier. The increase included $59.8 billion in net income and $22.3 billion in […]
With a second Donald Trump presidency unleashing global uncertainty, emerging markets nations are forging new alliances and building a foundation for sustainable long-term growth. Indeed, despite the alarming headlines, the view from institutional investors is one of optimism with a healthy side of skepticism. A report by RBC Global Asset Management Inc. found emerging markets […]
Doubts about the demand for electric vehicles in the U.S. is creating new questions around the development of the Canadian lithium-ion battery industry, says Jon Wojnicki, a partner at EY Canada. “The Canadian battery landscape has sort of gone soft. People have made the announcements, they say they’re moving forward, but I’ve got to believe […]
The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stocks to help jolt its languid markets out of the doldrums. Officials told reporters that beginning this year, mutual funds should increase holdings of onshore stocks, called […]
Institutional investors are putting China’s dominance as an emerging market under consideration at a time of economic uncertainty for the country typically known as a staple in the investment category. The uncertainty stems from several structural issues, such as the combination of an ageing population, high debt levels and weak fiscal status for local governments, […]
The Canada Pension Plan Investment Board has confirmed the departure of Frank Su as managing director and head of Asian private equity, effective immediately. In an emailed statement to Benefits Canada, a CPPIB spokesperson said the investment organization has “a strong team in Asia who will continue to build on the important portfolio in the […]
While an arduous U.S. presidential election cycle may have created some market volatility, any uncertainties among Canadian institutional investors may begin to wane following Donald Trump’s election as the 47th U.S. president on Wednesday, says Ian Riach, senior vice-president and portfolio manager at Franklin Templeton Investment Solutions. “Economics tend to trump politics . . . . […]
The Canada Pension Plan Investment Board reported an eight per cent return in its fiscal year ending March 31, but significantly underperformed the 19.9 per cent return of its reference portfolio. The reference portfolio, made of 85 per cent global equity and 15 per cent Canadian bonds, benefited last year from stock price surges in the […]
Central banks are achieving a successful soft landing strategy after concerning periods of high inflation following the coronavirus pandemic, said Douglas Porter, chief economist and managing director at BMO Financial Group, during the keynote session at the Canadian Investment Review’s 2024 Endowment & Foundation Investment Forum in June. Inflation is receding from dangerous highs to […]
Global powerhouses China and India will continue to heavily bet in oil and gas opportunities due to projected demand, despite the global push for green energy, said John Sitilides, senior fellow for national security at the Foreign Policy Research Institute, during the keynote session at the Canadian Investment Review’s 2024 Global Investment Conference in April. […]