There are different ways that pension funds can think about how farmland fits within their portfolios, says Bernice Miedzinski, president of StarBridge Capital Ltd. For instance, many large plans would consider it as part of a natural resources allocation and other plans might consider it as part of their real asset allocation, she says. Farmland can […]
The Investment Management Corp. of Ontario is appointing Patrick De Roy to the newly created role of senior managing director of total portfolio and capital markets. Most recently, De Roy held the position of head of global research at the Caisse de dépôt et placement du Québec, where he also previously led portfolio construction, economics and […]
The Ontario Teachers’ Pension Plan is appointing six new managing directors in its investment division. Maggie Fanari has been promoted to managing director of the teachers’ innovation platform and high conviction equities. Fanari was previously responsible for supporting the build of the global strategy for the innovation platform. Since joining the pension fund in 2006, she’s worked on large-scale investments in both public and […]
Since standard banks began to shy away from their traditional financing role after the 2008 financial crisis, institutional investors have helped maintain markets by becoming increasingly important providers of long-term capital. Historically low interest rates also pushed these sovereign wealth and pension funds away from the traditional fixed income bedrock of their portfolios into a bevy […]
The Alberta Investment Management Corp. is buying an 85 per cent equity stake in the Northern Courier pipeline from TC Energy, formerly known as TransCanada Corp. After the transaction closes, which is expected to be in the third quarter of 2019, TC Energy will hold an aggregate 15 per cent share in the pipeline and […]
Morningstar Inc. has signed a deal to buy Canadian debt-rating agency DBRS for US$669 million. The U.S. company says the combination of DBRS with Morningstar Credit Ratings’ U.S. business will expand its global asset class coverage. Morningstar says DBRS, formerly known as the Dominion Bond Rating Service, will continue to be led by its existing […]
Last spring, U.S. President Donald Trump tweeted that trade wars are easy to win. Last Friday, however, he tweeted the U.S. and China have really been in a trade war for the past three decades. Either way, tensions don’t seem about to diminish any time soon. So what do the latest skirmishes mean for institutional […]
Canadian investors are keen to increase their allocations to alternatives over the next 12 months, according to a new survey by CIBC Mellon. Specifically, 58 per cent of Canadian institutional investors surveyed said they expect to increase allocations to this asset class and none said they expect to reduce allocations. This contrasts global findings in […]
Though data has been a buzzword in the investment world for years, new and unique types of data have the potential to add value to both quantitative and fundamental investment models, according to a new report by Greenwich Associates. Looking at less traditional, or alternative, forms of data is becoming more interesting to active asset managers struggling to beat […]
La Caisse de dépôt et placement du Québec is contributing $75 million in the form of a subordinated private debt to Medavie Inc. Medavie operates Medavie Blue Cross, an insurance carrier that provides health, dental, travel, life and disability benefits, as well as administers various government-sponsored health programs. “Because of its resilience to economic cycles and the stable returns […]