The Ontario Teachers’ Pension Plan is leading a US$155-million round of financing for KRY, a European digital health-care provider. The financing was made through the Teachers’ Innovation Platform, which focuses on investments in late-stage venture and growth equity in disruptive technologies. Maggie Fanari, managing director on the TIP team at Ontario Teachers’, will also be joining […]
Canada’s defined benefit pension plans increased their solvency levels in 2019 and have equity markets to thank, according to Mercer. The Mercer pension health index, which represents the solvency of a hypothetical plan, increased to 112 per cent in the final quarter of the year, up from 105 per cent at the end of the […]
Investors are waiting for some of the conflicts causing global uncertainty to be resolved. But will they get their wish in 2020? “We’re entering the year, the decade, on pretty unstable footing,” said Dawn Desjardins, vice-president and deputy chief economist at the Royal Bank of Canada, during the keynote session at the Canadian Investment Review’s 2019 […]
A majority (59 per cent) of global institutional investors said they’re dissatisfied with publicly traded companies’ climate-related disclosures, according to a new survey by the Global Sustainable Investment Alliance. The survey, which polled investors in Australia, Canada, Europe, Japan, the United Kingdom and United States, found 40 per cent of respondents described themselves as somewhat […]
Heading into 2020, institutional investors are eyeing the disconnect between gloomy macroeconomic indicators and strong equity market performance. Leading indications in both North American and European economies have been trending down all year, with global gross domestic product growth forecasts in a slump, said Alec Young, managing director of global markets research at FTSE Russell, during a […]
The Canada Pension Plan Investment Board is investing up to US$600 million through India’s National Investment and Infrastructure Fund’s master fund. The agreement commits the CPPIB to investing US$150 million in the master fund, with the option to co-invest up to US$450 million in future opportunities alongside the fund. With this move, the CPPIB joins other institutional investors, […]
While it’s generally known Canadian pension plans have a home country bias when it comes to fixed income, a new study by FTSE Russell suggests there’s an equity home bias as well. The report looked at the ratio of domestic and global equity for pension funds in Australia, Canada, Japan, the U.K. and the U.S. […]
The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are increasing their positions in Mexican infrastructure firm Impulsora del Desarrollo y el Empleo en América Latina. IDEAL has 18 concessions throughout Mexico, including 13 toll roads, three logistics terminals and two wastewater treatment plants, as well as an electronic toll collection service business and an operations […]
About three-quarters (73 per cent) of global institutional investors ranked interest rates as a key portfolio risk, according to a new survey by Natixis Investment Managers. The survey, which polled 200 chief investment officers and investment team members at life, property and casualty and reinsurance companies in Asia, Europe and North America, found concerns about […]
Canada’s economy is famously reliant on its rich natural resources, with a heaping helping of financial service providers thrown in for good measure. But when oil companies, mining outfits or Canadian banks are deciding how to invest the capital in their pension funds, does it make sense to steer clear of exposures that directly correlate […]