The Alberta Investment Management Corp. is appointing Marlene Puffer as chief investment officer, effective Jan. 30, 2023. In the role, she’ll serve as head of both public and private investments, including responsibilities for economics and fund strategy, fixed income, infrastructure, public and private equity, private debt and loan, private mortgages and real estate. Read: AIMCo […]
A bill intended to provide defined benefit pension plan members with super-priority should be a major concern for Canadian DB plan sponsors, according to LifeWorks Inc.’s latest monthly pension indices report. “While the goal of [Bill C-228] is to protect the pensions of members and retirees in the event of a company’s insolvency, it could […]
The Public Sector Pension Investment Board is investing in a Norwegian offshore wind service company. The investment organization and asset management firm Sandbrook Capital Management are injecting US$250 million into Havfram. The funding will be used to cover a portion of the costs of building a fleet of vessels capable of installing 300 metre wind […]
More than two-fifths (44 per cent) of North American institutional investors say they’re likely to increase allocations to alternative investments, citing high inflation (89 per cent) and expectations of lower returns (86 per cent), according to a new survey by Cerulli Associates. The survey’s respondents said they plan to increase allocations to infrastructure (28 per […]
While the vast majority (85 per cent) of institutional investors believe the economy is in a recession or will enter a recession next year, two-thirds (65 per cent) think stagflation is the bigger risk ahead, according to a survey by Natixis Investment Managers. The survey, which polled 500 institutional investors across the globe, found more than half […]
The Ontario Teachers’ Pension Plan is jointly acquiring and consolidating two online presence companies alongside an investment fund. The investment organization and its partner, Cinven Inc.’s seventh investment fund, will acquire Group One and the Dogado Group, two European online presence service providers. Following the acquisitions, both companies will be reorganized into a single business. […]
The possibility of a global economic slowdown is of greater concern to global institutional investors than rising inflation, according to a new survey from the Official Monetary and Financial Institutions Forum. The survey, which polled investors at public pension plans and sovereign wealth funds with combined assets of about US$27 trillion, were asked to rank the […]
The Alberta Investment Management Corp.’s total financed carbon dioxide emissions fell nine per cent in 2021, according to its annual climate disclosure. According to figures released by the investment organization, its portfolio financed the release of about 424,300 tonnes of carbon dioxide, down from about 466,300 tonnes the previous year. For each million dollars invested […]
The world’s 100 largest asset managers grossed US$25.7 trillion in assets under management as of Dec. 31, 2021, up nine per cent from the previous year, according to a report by WTW’s Thinking Ahead Institute. The report found pension funds remain the single biggest group of asset owners in the global study, controlling more than half […]
The Public Sector Pension Investment Board is acquiring a portfolio of vineyards in Australia. According to the terms of the deal reached with Casella Family Brands, the investment organization will take ownership of 35 properties covering 7,215 hectares, as well as associated water entitlements, crops and equipment. The properties are located in South Australia and New South […]