The Public Sector Pension Investment Board is closing the purchase of a 7.51 per cent minority stake in the 407 Express Toll Route from the Canada Pension Plan Investment Board. Spain-based infrastructure firm Ferrovial will retain its 48.29 per cent ownership stake for the 108-kilometre toll highway in the Greater Toronto Area, followed by the […]
The Medicus Pension Plan is reporting a 152 per cent funded status on a going-concern basis and a 120 per cent funded status on a solvency basis as of Jan. 1, 2025. In its annual report, the multi-employer defined benefit pension plan designed exclusively for incorporated physicians in Canada, also reported an investment return of […]
Canadian pension plans saw a median return of 1.23 per cent for the first quarter of 2025, according to a new report from CIBC Mellon. It also noted a median one-year return of 9.21 per cent and a 10-year annualized return of 6.46 per cent for the average Canadian pension plan. Based on $328 billion […]
The solvency ratio of an average pension fund declined by about 2.3 per cent in the first quarter of 2025, according to a new report from Telus Health. Diversified pooled fund managers posted a return slightly below the benchmark portfolio with the median return (0.8 per cent) being 0.1 per cent lower than the return […]
A new partnership between the Public Sector Pension Investment Board and BCE Inc. was built out of an ongoing dialogue and a desire to support “Canadian champions” in their growth ambitions, says Sandiren Curthan, managing director and global head of infrastructure investments at PSP Investments. “The broad picture, is that fibre penetration is lower in […]
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 […]
The Public Sector Pension Investment Board is creating a new long-term strategic partnership with BCE Inc. The new partnership, named Network FiberCo, will accelerate the development of fibre infrastructure in underserved U.S. markets through telecommunications firm Ziply Fiber. PSP Investments is allocating a potential commitment of more than US$1.5 billion. The business partnership is expected […]
The average Canadian defined benefit pension plan returned 1.1 per cent during the first quarter of 2025, a slight decrease from 1.6 per cent in the previous quarter, according to a new report by RBC Investor Services. It found Canadian equities returned 1.2 per cent, slightly underperforming the TSX composite index, which rose 1.5 per […]
Under unprecedented economic volatility, institutional investors are leaning on diversified asset mixes that are less reliant on public markets, says Claude St-Laurent, principal of pension and savings at Normandin Beaudry. He notes institutional investors are more frequently pushing beyond traditional equities and bonds to incorporate real estate, infrastructure and other alternative assets. Indeed, in the […]
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 […]