“Knowledge is knowing that tomatoes are fruit — wisdom is knowing that you shouldn’t put them in the fruit salad.” It’s a quote that is particularly apt in today’s, markets, according to Trevor Leydon, head of portfolio construction & risk, Aviva Investors. Indeed, in a market environment that has been shaped by central bank intervention […]
The Canada Pension Plan Investment Board is investing about $665 million in an American packaging supplier as part of a recapitalization deal with private equity firm Oak Hill Capital Partners. Berlin Packaging sells plastic, glass and metal containers and provides warehousing and logistical services. Read: CPPIB partners to capitalize European logistics venture “Berlin Packaging is a market leader […]
The Canada Pension Plan Investment Board is buying shares in ChargePoint Inc., an electric vehicle infrastructure company, as part of a US$240 million funding round led by Quantum Energy Partners. “ChargePoint provides an attractive opportunity to invest in a market-leading business with room for expansion that aligns with our growing focus on the energy transition,” said Avik […]
The Public Sector Pension Investment Board is acquiring a 49 per cent interest in a U.S. wind facility through its existing stake in renewable energy company Pattern Energy Group Inc. Pattern Energy Group has agreed to pay $23 million to private affiliate Pattern Energy Group 2 LP for a 35 megawatt-owned interest in a wind farm based in Stillwater […]
While global institutional investors’ ability to analyze fixed income products on environmental, social and governance factors is growing, the supply of socially or eco-savvy bonds isn’t keeping up with demand, according to new research by Cerulli Associates. “Cerulli research shows an increase in demand for ESG in all segments of the fixed-income market,” said André Schnurrenberger, […]
Though President Trump hasn’t been successful in following through his promise to construct a wall on the border between the United States and Mexico, he’s certainly stoked serious divisionism, with signals popping up the world over that nations are tugging on their drawbridges where trade, migration and other economic activities are concerned. Whether it’s the […]
A debate on the viability of responsible investing is bubbling underneath the reaction to a recent U.S. Senate bill, aiming to further regulate proxy voting firms. Proxy voting firms help institutional investors complete shareholder votes, analyzing data and establishing votes that are reflective of a fund’s house views, while incorporating an increasing universe of potential […]
Canada Pension Plan Investment Board is “embracing disruption” and looking to cash in on emerging shifts in the global economy, such as a move towards autonomous cars and a growing, aging population. The board benefits from a long-term investment and can look beyond any market cycle and invest based on large structural changes that will “fundamentally […]
The number of indexes at an investor’s fingertips grew by 12 per cent (or 438,000) in 2018, rising to 3.72 million distinct indexes globally as of June 30, 2018, according to a new report by the Index Industry Association. The association, which began tracking the world’s indexes in 2017, found fixed income was a popular theme during the […]
When looking for equity investments, how do changes in a company’s environmental, social and governance profile impact its stock price? This month, MSCI released a report called How Markets Price ESG, which found that changes in a companies’ ESG profile have been predictive of changes in stock prices. The study also found that equity markets […]