When Tye McAllister was in middle school, he received a life-changing gift from his father — The Wealthy Barber, a practical guide to financial planning by Canadian investor David Chilton. “Investing became a passion,” says McAllister, senior analyst of pension investments and treasury at ATCO Group of Companies. “I was always trying to pull together […]
The Caisse de dépôt et placement du Québec is acquiring a 50 per cent interest in the A25 Concession, a 7.2 kilometre toll road and bridge network that serves the Greater Montreal transportation network. Through the transaction, which is valued at $355 million, the Caisse will have co-control of the network through a partnership with Transurban, a […]
The average funding ratio for U.S. public pension plans increased to 77.8 per cent in 2022 with the majority (68 per cent) of pensions’ revenue coming from investment returns, according to a new survey by the National Conference on Public Employee Retirement Systems. The 12th annual public retirement systems study received responses from 195 state and […]
More than two-thirds (68 per cent) of global institutional investors say they plan to maintain allocations to private markets in line with current targets, despite the potential for rising interest rates to reduce the attractiveness of the highly-leveraged asset class, according to a new survey by State Street Corp. The survey, which polled 480 institutional […]
Private sector pension plans could realize higher rates of return and produce lifetime income if they followed a model similar to their public sector counterparts, said Keith Ambachtsheer, executive in residence at the University of Toronto’s Rotman School of Management and a senior fellow at the National Institute on Ageing at Toronto Metropolitan University, during a […]
Despite the challenging economic environment, Canadian defined benefit pension plans saw a median return of 4.27 per cent in the fourth quarter of 2022, according to BNY Mellon’s Canadian master trust universe. The universe, which is based on $290.3 billion worth of assets under management across 84 corporate, public and university pension plans, found the one-year median […]
The vast majority (90 per cent) of institutional investors say they’re planning to increase allocations to sustainable and impact investments over the next five years, according to a survey by Cambridge Associates. The survey, which polled more than 140 institutional investors, found two-thirds (65 per cent) of respondents reported engaging in sustainable and impact investing, […]
The Caisse de dépôt et placement du Québec is appointing Maxime Aucoin as executive vice-president of depositors and total portfolio. In the new role, Aucoin, who’s currently responsible for portfolio construction, asset allocation and currency management, will also be responsible for economic and financial analysis, global strategy and depositor advisory services. With 10 years of […]
The Canada Pension Plan Investment Board is investing US$205 million as an anchor investor in IndoSpace’s new real estate fund in India. The investment marks the first close for IndoSpace Logistics Parks IV, the real estate company’s fourth development vehicle, which is targeting US$600 million of total equity commitments. In 2017, the CPPIB and Indospace […]
More than a quarter (26 per cent) of institutional asset owners expect to use an outsourced chief investment officer in an increased capacity during the next two years, according to a new survey by Cerulli Associates. The survey found 14 per cent of respondents said they’re seeking to establish an OCIO relationship over the next two […]