The strength of the U.S. dollar and the ongoing war in Europe will hamper North American and other global institutional investors in 2023, though some will still find value in other continents, according to a new report from the Capital Group Inc. “Even if you think economies outside Canada and the U.S. are headed for […]
As concerns about climate change and the need for sustainable development grows, carbon credits are becoming increasingly attractive to institutional investors. Carbon credits are a form of tradable permit that allows companies or governments to offset their greenhouse gas emissions. They work by supporting initiatives that reduce carbon dioxide and other harmful pollutants in the […]
The market value of assets held by Canadian trusteed pension funds decreased 5.4 per cent to $2.1 trillion in the second quarter of 2022, down from $2.21 trillion in the previous quarter, according to new data from Statistics Canada. Trusteed pension funds posted a net loss of $3.4 billion in the second quarter, compared with […]
If there was one message for defined benefit pension plan sponsor delegates at the 2022 Defined Benefit Investment Forum, it was that the fate of global markets in 2023 is on a knife’s edge. In the keynote address, Douglas Porter, chief economist and managing director at BMO Financial Group, said he expects the Canadian economy […]
“I’m going to start my presentation by saying what any self-respecting consultants say all the time — we got it wrong,” said Andrew Bishop, senior partner and global head of policy research at Signum Global Advisors, during a session at the Canadian Investment Review‘s 2022 Defined Benefit Investment Forum. “I’m referring to China’s easing of […]
In 2014, Colyn Lowenberger, then the director of pension and disability administration at the City of Regina, heard a knock at his office door — it was opportunity. After walking into the room, the chair of the Regina Civic Employees’ Superannuation and Benefit Plan asked Lowenberger to discuss a list of concerns about the defined […]
The Public Sector Pension Investment Board is investing in a Norwegian offshore wind service company. The investment organization and asset management firm Sandbrook Capital Management are injecting US$250 million into Havfram. The funding will be used to cover a portion of the costs of building a fleet of vessels capable of installing 300 metre wind […]
The Ontario Teachers’ Pension Plan is jointly acquiring and consolidating two online presence companies alongside an investment fund. The investment organization and its partner, Cinven Inc.’s seventh investment fund, will acquire Group One and the Dogado Group, two European online presence service providers. Following the acquisitions, both companies will be reorganized into a single business. […]
The possibility of a global economic slowdown is of greater concern to global institutional investors than rising inflation, according to a new survey from the Official Monetary and Financial Institutions Forum. The survey, which polled investors at public pension plans and sovereign wealth funds with combined assets of about US$27 trillion, were asked to rank the […]
The Public Sector Pension Investment Board is acquiring a portfolio of vineyards in Australia. According to the terms of the deal reached with Casella Family Brands, the investment organization will take ownership of 35 properties covering 7,215 hectares, as well as associated water entitlements, crops and equipment. The properties are located in South Australia and New South […]