The Canada Pension Plan Investment Board is the world’s most transparent pension fund, according to the global pension transparency benchmark, a collaboration between Top1000funds.com and CEM Benchmarking Inc. The benchmark, launched in 2021, measures the transparency of disclosures of 15 pension systems across measurements such as cost, governance, performance and responsible investing. While the rankings are […]
The Alberta Investment Management Corp. is part of a joint venture acquiring a portfolio of U.K.-based residential apartment assets under construction. In a deal reached with Angelo, Gordon and Co., the joint venture, which also includes Ridgeback Capital Management, will secure five under-construction apartment complex properties. The portfolio includes properties in Birmingham, Cardiff and Sheffield, […]
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 […]
The Canada Pension Plan Investment Board is investing in a Colombian discount grocery chain. The US$335 million investment in D1, which is owned by the Koba International Group, secures a 19.3 per cent stake for the CPPIB. The transaction is its first direct private equity investment in Colombia. According to a press release, the CPPIB […]
The administrator of the Newfoundland and Labrador Public Service Pension Plan is planning a revamp of its information technology governance processes to mitigate cybersecurity risks. “The organization understands the importance of technology in enabling modernization of pension administration service delivery,” wrote Provident10 in the PSPP’s 2021 annual report. “Modernization will advance member and stakeholder experiences, as […]
The Canada Pension Plan Investment Board is making a second contribution to a real estate joint venture expanding its industrial warehouse portfolio in Korea’s largest metropolitan areas. In 2020, the CPPIB made an initial contribution of US$450 million to the joint venture, which was launched by ESR Cayman, a real estate investment firm. The joint […]
Long before the coronavirus pandemic swept the globe in early 2020, a massive transformation of the workplace was well underway. Advanced technologies, growing demand for better work-life balance and rising commercial real estate costs forced many organizations to reimagine the traditional way of working and, more broadly, the relationship between employer and employee. The pandemic […]
The Canada Pension Plan Investment Board is selling its stake in a U.K. wireless utilities provider. Through the deal reached with Digital 9 Infrastructure, an investment fund from Triple Point Investment Management, the investment organization will receive $585 million for its stake in the Arqiva Group Ltd. The transaction, which is subject to customary conditions […]
A fund backed by the Canada Pension Plan Investment Board and the Ontario Municipal Employees’ Retirement System is buying a stake in Indian road projects. Brookfield Asset Management Inc. is selling five road projects valued at $1.5 billion to an infrastructure investment trust — the IndInfravit Trust — partially owned by the two Canadian pension […]
Pension plan sponsors can’t ignore the financial risks of climate change or respond to them with half-baked approaches that allow companies to continue pumping out pollution. To be credible, comprehensive and complete, strategies protecting Canadians’ retirement savings from the unprecedented risks of the climate crisis must include several key elements. A Paris-aligned commitment The Paris Agreement […]