The British Columbia Investment Management Corp. is appointing Jon Salon as executive vice-president and global head of private equity, effective Feb. 2, 2026. Salon first joined the BCI’s private equity team in 2024 as senior managing director and global head of health care. He succeeds Jim Pittman, who has led the program since 2016 and is […]
Nearly all (97 per cent) of fees paid by institutional investors go to active managers, virtually unchanged from 2023 (98 per cent), according to a new report by Callan. The report analyzed mandates run by more than 300 investment firms for nearly 180 institutional investors, representing US$784 billion in assets under management and $1.9 billion […]
The Bank of Canada is facing an increasingly uncertain 2026 despite experts agreeing on its current policy path. Etienne Bordeleau-Labrecque, vice-president and portfolio manager at Ninepoint Partners, says the bank is in a good position at the start of the year. “They’ve cut to the low end of what they consider the neutral rate, and […]
CPP Investments is pursuing investments in medical outpatient buildings through a new a joint venture with IRA Capital and an undisclosed global institutional investor. The investment organization will own a 47.5 per cent stake in the joint venture and allocated US$143 million of equity capital in the partnership. The joint venture will have an expected […]
A survey of older Canadian employees by the National Institute on Ageing at Toronto Metropolitan University was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. 22% of older Canadians have saved $5,000 or less for retirement: survey 2. […]
The Healthcare of Ontario Pension Plan is appealing a Dutch tax court ruling against the investment organization. Th court backed the investigation of a tax inspector, arguing that in 445 transactions between 2013 and 2018, the investment organization wasn’t the beneficial owner of local shares that paid investor dividends and, therefore, couldn’t reclaim tax withheld […]
With only a few weeks left in a year impacted by trade wars, equity concentration risk and the increased appeal of artificial intelligence opportunities, defined benefit plan sponsors, money managers and other investment professionals gathered at the Fairmont Empress Hotel in Victoria, B.C. for the Canadian Investment Review’s 2025 Investment Innovation Conference. From Nov. 19-21, […]
The current moment is rooted in shifting ideas, characterized by the rise and fall of globalization, said Sean Speer, editor-at-large at the Hub and a practitioner-in-residence and fellow at the Public Policy Forum, in the opening keynote at the Canadian Investment Review’s 2025 Investment Innovation Conference. The stagflation of the 1970s, the elections of Margaret […]
Fading developed markets bilateral aid and U.S. tariff policy is pushing emerging markets debt as an attractive alternative for growing countries, according to Yvette Babb, portfolio manager at William Blair. “Debt levels in emerging markets are, in fact, lower than their advanced country counterparts. . . . Default rates are low, but also recovery rates, […]
A quantitative investment process could begin competing with the best fixed income and fundamental traditional credit asset managers in the near future, according to Bernd Wuebben, director of systematic investing and quantitative research at AllianceBernstein. “In the context of quant processes, systematic processes, there’s nothing passive about this,” he said during a session at the […]