Keyword: emerging markets

163 results found
Strength in unity for the CPPIB’s credit functions

Historically, the Canada Pension Plan Investment Board’s credit functions were scattered across the organization. But in 2018, the pension fund consolidated its credit investments into one department to gain synergies. Before the merger, the CPPIB’s principal credit investment group was within the private investments team, its private real estate debt group was within the real […]

When it comes to emerging markets equities, it’s important to look for compounders that will create value over time, says Andrew Miller, chief investment officer for emerging markets equities at Mondrian Investment Partners Ltd. “Obviously, all of us that operate in the stock market and invest in the stock market, whether you’re a fund manager […]

Hefty equity gains drove Canadian DB pensions to double-digit returns in 2019

Canadian defined benefit plans posted a median return of 13.6 per cent for 2019, according to Northern Trust Canada’s pension universe. North American equities led the way to double-digit returns for the year, with 1.9 per cent gains in the final quarter of the year, outpacing 1.6 per cent returns in the previous quarter. “Despite […]

  • By: Staff
  • January 31, 2020 November 12, 2020
  • 09:00
Technology, consumers driving emerging market equities

In the past, Canadian investors may have seen emerging market indices as too heavy on materials and energy companies, which are also well-represented in North American indices and would over-expose them to those sectors. But in fact, technology and consumer themes are playing an increasing role in emerging markets, says Nicole Vettise, senior vice-president and institutional […]

Several factors are pointing to a possible rebound in emerging market stocks this year. Stocks in China and other developing economies notched solid gains in 2019, but lagged the blockbuster market returns delivered by publicly traded companies in the U.S. and other developed economies. The U.S.-China trade war and signs of slowing global economic growth […]

Canadian DB pensions boost solvency levels in Q4 2019: reports

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 […]

  • By: Staff
  • January 3, 2020 November 12, 2020
  • 10:00
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MSCI Inc. is awarding emerging market status to the MSCI Kuwait Indexes as the country’s equity market now meets the required criteria for reclassification. The reclassification will be part of the MSCI’s May 2020 semi-annual review. In late October, the Kuwait Capital Market Authority resolved to amend certain provisions of the executive bylaws and rules […]

  • By: Staff
  • December 20, 2019 December 13, 2020
  • 06:47
CPPIB investing in Indian distressed assets platform

The Canada Pension Plan Investment Board is committing US$225 million to the India Resurgence Fund platform, through its wholly owned subsidiary CPPIB Credit Investments Inc. The IndiaRF is a distressed-assets buyout platform, jointly sponsored by Piramal Enterprises Ltd. and Bain Capital Credit. It seeks to buy distressed assets by purchasing existing debt and equity securities, either through bankruptcy courts, directly from […]

  • By: Staff
  • December 18, 2019 November 12, 2020
  • 15:00
OMERS Ventures hires former Uber executive as London managing partner

OMERS Ventures, the venture capital investing arm of the Ontario Municipal Employees Retirement System, has hired former Uber Technologies Inc. executive Jambu Palaniappan to join its London office as a managing partner. Palaniappan joined Uber in 2012 and led its expansion into the Europe, Middle East and Africa regions before being named the general manager […]

  • By: Staff
  • December 12, 2019 November 12, 2020
  • 08:45
Will Canadian capital markets disappoint investors in 2020?

While a recession may not be likely, institutional investors can expect dampened performance in many capital markets heading into 2020, according to Bill Yun, executive vice-president at Franklin Templeton’s multi-asset solutions business, at an event in Toronto on Tuesday. Forward-looking expectations for capital markets from Canadian government bonds to emerging market equities are all in […]