The OPSEU Pension Trust is making an additional purchase of $100 million in Ontario government green bonds, bringing its allocation in the asset to about one per cent of its total holdings. The bonds are a tool the provincial government uses to finance transit and energy efficiency projects, according to the press release. “As a […]
Investment management firm Circulate Capital is adding to the diverse sets of guidelines emerging in recent years for institutional investors looking to deepen their considerations on impact investing. As an impact-focused firm specializing in infrastructure, Circulate Capital has taken on the mission of leveraging capital to stem the flow of plastic into the oceans. “We’ve […]
The Investment Management Corp. of Ontario is appointing Christian Hensley as the new senior managing director of public equities and credit, effective April 9, 2019. His previous experience includes several senior roles at the Canada Pension Plan Investment Board, including managing director and head of relationship investments. Before he joined the CPPIB, Hensley worked in private equity and growth […]
The Caisse de dépôt et placement du Québec, along with Altas Partners, is selling Capital Vision Services. West Street Capital Partners VII, a fund managed by Goldman Sachs’ merchant banking division, will be taking on the U.S. company, which provides management services for MyEyeDr.’s optometry practices. Read: AIMCo investing in Alberta pipeline, Caisse taking on shares in mining company “CVS […]
Group annuity sales in Canada topped out at a record high of $4.6 billion in 2018, beating 2017’s sales of $3.7 billion, according to the latest data from Sun Life Financial. This represents an acceleration in the market, which had been on the rise, with 2014’s sales hitting $2.5 billion. Strong sales in the last quarter […]
The OPSEU Pension Trust is partnering with several investment firms to buy three buildings in the downtown Toronto financial district. The properties are anchored to the Dynamic Funds Tower, the OPTrust’s current corporate headquarters. The other investors include the Great-West Life Real Estate Fund, the London Life Real Estate Fund and I.G. Investment Management Ltd. […]
As the Brexit deadline of March 29 inches closer, markets remain uncertain about a resolution to the situation between the U.K. and the European Union. “The most astonishing element in all of this is that two-and-a-half years later, there’s almost no additional clarity on what we’re actually going to end up with,” said Peter Westaway, chief […]
While Canada’s public and private pension plans are a vital player in the transition to a lower carbon economy, they’re only one component, with other financial market participants, such as banks, insurers and asset managers, must also play a role, according to the Pension Investment Association of Canada. In a letter commenting on a report by an […]
While the bull market may not be over, more headwinds are on the way for U.S. equity markets over the next year — one of the themes investors can use exchange-traded funds to capture, according to a report by BMO Global Asset Management. Overall, the U.S. market should see moderate upside for the year, said Brian […]
From the end of 2015 to the end of 2017, impact investing in Canada has grown by 81 per cent, representing $14.75 billion, according to a new report by the Responsible Investment Association. “Like any pre-teen, impact investing currently sits on the edge of youthful maturity,” said Kelly Gauthier, RIA board member and managing director of impact advisory at […]