Liquidity status is helping some of Canada’s biggest pension funds meet the challenges of a volatile investment market thanks to exceptional liquidity status, according to a new report by Fitch Ratings Inc. The report, which compared the credit ratings and portfolios of seven of the largest Canadian pension funds with approximately $2.1 trillion in net […]
In an open letter, leaders from Canada’s biggest pension funds are asking the Canadian Sustainability Standards Board to reconsider a two-year relief period granted to companies around non-climate disclosures. “Where sustainability-related factors are material, they have the potential to present material financial impacts to companies’ performance and is important information for boards and investors,” read […]
The Canada Pension Plan Investment Board is investing €550 million in Europe-based team.blue to acquire a 20 per cent interest in the firm. The total transaction gives team.blue a valuation of €4.8 billion. The digital solutions provider serves 3.3 million small- and medium-sized businesses across 22 countries. In a press release, Hafiz Lalani, managing director […]
Putting responsible artificial intelligence principles in place is essential to enhancing risk-adjusted returns and positioning businesses for success, according to a new report by the Canada Pension Plan Investment Board and the World Economic Forum. It found the use of AI can preserve and even create value for investors. However, institutional investors must find a balance between […]
Some of Canada’s largest pension funds are rethinking their real estate strategies as higher interest rates continue to push valuations lower and lenders pull in their purse strings, according to reporting by Bloomberg. Read: Canadian pension funds seeking diversification in real estate at home, abroad: experts Indeed, it said the Canada Pension Plan Investment Board […]
While many of the investment strategies and resources at the disposal of the Maple 8 — Canada’s eight largest public pension plans that represent more than $2.1 trillion in assets under management — are out of reach for medium- and small-sized plan sponsors in the country, the path carved by the most sophisticated investment organizations […]
An article detailing a stark increase in the use of obesity medications among Canadian employer-sponsored benefits plan members was the most-read article on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Claims for obesity drugs increased 42% in 2023, 92% since 2020: report 2. How […]
The Canada Pension Plan Investment Board earned an eight per cent return last year but significantly underperformed the 19.9 per cent return of its reference portfolio. The lower return can be explained in part by higher volatility in the stock-focused benchmark portfolio compared with the diversified, long-term return focus for the pension fund, says John Graham, the […]
An article on the value that deferred profit-sharing plans can offer to small- and medium-sized employers was the most-read article on Benefits Canada.com this week. Here are the top five human resources, benefits, pensions and investment stories of the past week: 1. Sounding Board: How DPSPs can support SMEs’ retirement, talent management goals 2. CPPIB wants to […]
The British Columbia Investment Management Corp. is selling more than US$1 billion worth of private equity funds to Ardian, a France-based independent private equity investment company, according to reporting by Bloomberg. Although it’s unclear which assets the BCI intends to sell, last June, Bloomberg also reported the investment manager was considering the sale of roughly $2 […]