Asset managers that incorporate climate change into their investment processes are increasingly looking beyond commitments to net zero and exploring the impact on asset valuation, said Michelle Dunstan, chief responsibility officer at AllianceBernstein, during a session at the Canadian Investment Review‘s 2021 Investment Innovation Conference. “A changing climate can be described both in terms of […]
Investing is undergoing a paradigm shift, which will see investors do well by doing good, according to John Levy, director of impact at Franklin Templeton Investments. “Traditional investing is agnostic about its role on the planet, local communities and society. At some point, something like what we now call sustainable investing came along,” he said during […]
Pension plan sponsors pay too much attention to predictions and not enough to demographic data, according to Darrell Bricker, chief executive officer of Ipsos Public Affairs and a senior fellow at the Munk School of Global Affairs and Policy. “Demographics . . . is like a glacier,” he said during a session at the Canadian Investment […]
The Caisse de dépôt et placement du Québec is co-financing $100 million in credit for a remote area monitoring company. The Caisse is joining fellow investors, including the Business Development Bank of Canada and Export Development Canada, to provide credit for quasi-equity, subordinated debt and revolving credit for Vosker. The majority of the funding will […]
The Caisse de dépot et placement du Québec is entering a co-investment collaboration targeting ventures in the sustainable energy sector. The three-year agreement between the Caisse and the BP-owned investment firm BP Ventures has already resulted in an investment in Bridge to Renewables Inc., which is developing software infrastructure to enable electric vehicles to interact with […]
Countries with strong social and governance traditions are seeing fewer deaths and more economic stability during the coronavirus pandemic, according to a new report by FTSE Russell. “The analysis shows that investing in [environmental, social and governance] themes has overarching benefits, both for economies and investors,” wrote the report’s researchers. “While it results in more […]
Canada’s largest public pension plans are more heavily invested in private equity than other global public pension plans, according to a new report by British think tank the Official Monetary and Financial Institutions Forum. “What really distinguishes the Canadian model is this large exposure to private equity, which stands out from across the sample, . […]
The Healthcare of Ontario Pension Plan is appointing Lori Hall-Kimm as head of global private equity. In the new role, which takes effect on Jan. 24, 2022, Hall-Kimm will lead the development of a strategic and operational plan for private capital investments. She’ll join the HOOPP after five years at the Canada Pension Plan Investment […]
The Canada Pension Plan Investment Board is entering a joint venture to develop, acquire and manage rental communities in the U.S. The agreement, between the CPPIB and Greystar Real Estate Partners, involves a combined capital commitment of US$840 million. Profits from the joint venture will be unevenly split, with the CPPIB entitled to a 95 […]
Almost three-quarters (73 per cent) of global institutional investors expect interest rates to rise in 2022, according to a new outlook survey by Natixis Investment Managers. Concern about rising interest rates were also reflected in responses to questions about investment decision-making, with 71 per cent of respondents saying they believe the stock market’s current rate […]