Willis Towers Watson has completed its acquisition of Integra Capital Ltd., a Canadian investment management company. “Our multiyear partnership with Integra Capital has been successful in delivering exceptional delegated solutions to clients,” said Kemp Ross, global head of delegated investment solutions at Willis Towers Watson. Read: Willis Towers Watson to acquire Canadian investment manager Following the […]
The Canada Pension Plan Investment Board is joining several other investors in purchasing Ultimate Software, a human capital management solutions provider. Led by private equity firm Hellman & Friedman, the investor group made an all cash transaction for $331.50 per share of the company, at an aggregate value of about $11 billion. After the deal, Ultimate will […]
“Climate change is a weapon of mass destruction,” said Sandra Carlisle, head of responsible investment at HSBC Global Asset Management, at a panel hosted by the Responsible Investment Association on Thursday. It’s critical that investors, who are thinking about how the impacts of climate change present a genuine risk, broaden their perspective to include the multifaceted […]
Benefits Canada’s inaugural Investor Insight Breakfast, held on Jan. 10 in Toronto, highlighted the expectations and projections for the 2019 investment climate, including opportunities for the pension industry. Here are some of the highlights of the sessions: A look at macro trends driving DB pension investment strategies It’s too early in the rise of populism […]
For those worried the cycle is about to turn, it’s important to remember there’s no established length for a market cycle, said Avery Shenfeld, managing director and chief economist at CIBC, during a panel at Benefits Canada‘s and the Canadian Investment Review‘s inaugural Investor Insight Breakfast in Toronto on Jan. 10. Indeed, the typical recession signposts have yet […]
In this late-cycle environment, the Hydro Québec pension plan is cautious about credit and is maintaining its liquidity, according to Jean-François Pépin, senior director of financing, treasury and pension fund at Hydro Québec. At the end of 2017, the defined benefit plan had $24.7 billion in net assets. Invested in a variety of asset classes, including […]
Russell Investments is appointing Peter Gunning as its global chief investment officer. Gunning had assumed the role on an interim basis when Jeff Hussey left the firm in October 2018. With 23 years of experience at Russell Investments, Gunning joined the Sydney office in 1996. He served as global chief investment officer in the U.S. headquarters in 2008 and then took on the […]
The real estate investing arms of the Caisse de dépôt et placement du Québec and the Ontario Municipal Employees Retirement System are teaming up to invest in the U.S.-based IDI Logistics. “We are delighted to be working with Oxford on this venture for the future success of IDI Logistics, a company which consistently builds, operates and […]
The Caisse de dépôt et placement du Québec and the government of Quebec are adding to their previous investment in electric vehicle charging company AddEnergie Technologies Inc. The Quebec-based company manufactures charging stations and develops network management software for other organizations. The Caisse and the provincial government initially invested in the business in 2016 to help it expand across Canada. […]
The Public Sector Pension Investment Board is investing in Alliant Insurance Services Inc., a U.S.-based independent insurance broker. The new cash infusion will aid in the insurance broker’s planned expansion. Along with the PSP, funds managed by private equity firm Stone Point Capital will make additional investments. Read: PSP takes majority stake in Australian farm business “Alliant is […]