The Bank of Canada will require another year of its rate-cutting cycle to absorb the number of resources in the economy that aren’t being used so it can raise interest rates back to a neutral 2.75 per cent position, according to Katherine Judge, director and senior economist of capital markets at CIBC. Delivering the keynote session […]
The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stocks to help jolt its languid markets out of the doldrums. Officials told reporters that beginning this year, mutual funds should increase holdings of onshore stocks, called […]
The Public Sector Pension Investment Board is reporting its London-based office real estate asset is fully leased. “We are delighted that 22 Bishopsgate has reached full occupancy, marking a significant milestone for this asset,” said Stéphane Jalbert, managing director and head of Asia-Pacific and Europe, real estate investments at PSP Investments, in a press release. […]
Dutch civil worker pension fund Stichting Pensioenfonds ABP is selling its entire stake in Tesla Inc., according to a report by Business Insider. The investment organization sold 2.8 million shares in the electric vehicle manufacturer last September. A separate report by Bloomberg indicated ABP’s Tesla stake was valued at approximately US$585 million. Read: Shareholders approve […]
The Canada Pension Plan Investment Board is creating a new joint venture alongside Cyrela Brazil Realty to explore opportunities in the Brazilian real estate market. The two partners have established an investment target of $400 million, primarily to develop residential condominiums in São Paulo. In a press release, Ricardo Szlejf, managing director and head of […]
The performance of global real estate investment trusts was halved to 4.6 per cent in 2024, largely attributed to tentative discourse by the U.S. Federal Reserve on the direction of interest rate cut policy, according to a new report from Hazelview Investments. It found the continued demand for senior housing in North America and the […]
In the search for market-beating returns, institutional investors are facing a shifting geopolitical landscape, ongoing questions about monetary policy and the impact of climate change. At the 2024 Investment Innovation Conference on Nov. 12-14 in Vancouver, B.C., leading academics and industry figures reckoned with the aftermath of the highly anticipated U.S. presidential election and provided […]
Following a surprising U.S. presidential election, both major political parties are facing a realignment of priorities, said Lew Lukens, senior partner at Signum Global Advisors, during the keynote session at the Canadian Investment Review’s 2024 Investment Innovation Conference. Lukens was surprised by Donald Trump’s win in November since he projected the democratic candidate Kamala Harris […]
Institutional investors are putting China’s dominance as an emerging market under consideration at a time of economic uncertainty for the country typically known as a staple in the investment category. The uncertainty stems from several structural issues, such as the combination of an ageing population, high debt levels and weak fiscal status for local governments, […]
Increasing connectivity and massive content generation is driving growth and interest in the market for large data storage capabilities. Speaking during the Canadian Investment Review’s 2024 Investment Innovation Conference, Nick Minto, senior vice-president of commercial real estate at PIMCO, highlighted that cloud-based migration has become a key strategy for enterprises looking to enhance their global […]