The Ontario Teacher’s Pension Plan is financing a European online brokerage platform. The pension fund was the lead in a financing round for Trade Republic Bank, a technology company operating a digital investment marketplace. According to Trade Republic, the €250 million raised during the round will be used to develop the platform’s product offerings designed […]
The real estate arm of the Ontario Municipal Employees’ Retirement System is entering a joint venture to manage the Sony Centre in Berlin. The Oxford Properties Group, which previously held a 94.9 per cent share in the eight-building complex, is selling 44.9 per cent of its stake to the Norges Bank Investment Management, an investment […]
The real estate arm of the Ontario Municipal Employees’ Retirement System is entering a long-term strategic partnership to develop commercial laboratories in France. In the agreement it reached with French urban investor and developer NoVaxia Inc., the Oxford Property Group will co-manage approximately €1 billion ($1.4 billion) in assets which will be invested in life sciences […]
The real estate arm of the Caisse de dépôt et placement du Québec is acquiring an 11.5 hectare warehouse in Germany. The facility — located in Hamburg, near Europe’s busiest freshwater freight port — serves as a distribution centre for the H&M Group, which will continue to lease the entire facility under its new ownership, […]
The Caisse de dépôt et placement du Québec is securing a share in a holding company consolidating two European high-speed rail companies. Alongside a group of other institutional investors, the Caisse will own a 19.31 per cent share in the Eurostar Group, a holding company that will control both Eurostar Ltd and THI Factory, which […]
While many drivers can influence stock market returns, it turns out the time of the day may play an important role. In particular, the four hours around the time Asian markets close and European markets open account for the entire market returns when looking at E-mini S&P 500 futures, according to the paper by Dmitriy […]
TD Asset Management Inc. is launching a new fund to meet the needs of institutional investors looking for exposure to global real estate markets. The fund, which includes both direct and indirect global real estate investments, was seeded in 2019 and has exposure to more than 600 properties in approximately 15 countries. It includes office, […]
Looking back at the first half of 2019, bond and equity markets seem to be telling opposing stories, according to T.Rowe Price’s mid-year market outlook. Strong gains in equity markets in the U.S. and certain emerging regions would appear to suggest a renewed confidence in earnings for the year to come, the report said. Meanwhile, […]
FTSE Russell has built a series of customizable multi-asset indexes. The FTSE Multi-Asset Composite Index series will focus on measuring cross-asset market performance over a number of regions including the U.S., Europe, China as well as other emerging markets. The series was built in response to demand from clients for methods to measure multi-asset performance with more accuracy […]
On Thursday November 8, the European Commission published its 2018 Autumn Economic forecast, predicting that in 2019 Italy’s deficit will increase to 2.9 per cent of GDP and in 2020 it is projected to reach 3.1 per cent of GDP. This would put Italy offside with EU Stability and Growth Pact’s deficit limit of three […]