Canadian institutional investors are prioritizing efficient access to liquidity and high-quality brokerage services in the domestic equity market, according to a new report from Crisil Coalition Greenwich. It found the average estimated total Canadian cash equity spend grew five per cent up from $450 million in 2023 to $475 million in 2024, noting Canadian trading […]
The Ontario Municipal Employees’ Retirement System is closing a new offering of term notes worth US$1 billion. The notes, which carry a five-year maturity rate, are priced at a yield of 4.43 per cent. The offering represents the ninth offering by the OMERS using U.S. currency as sovereign, supranational and agency bonds issuer. The offering […]
The Canada-Wide Industrial Pension Plan is reporting a return of 10.9 per cent for 2024, down slightly from 11.7 per cent in 2023. It also reported five- and 10-year annualized returns of eight per cent and 8.3 per cent, respectively, with assets of roughly $900 million. As of its last actuarial valuation on Jan. 1, […]
The Ontario Teachers’ Pension Plan is reporting a net return of 9.4 per cent for 2024, up from 1.9 per cent in 2023, according to its latest annual report. The investment organization underperformed its benchmark return of 12.9 per cent, equivalent to $7.6 billion in negative value add. Its net assets grew to $266.3 billion, […]
An article on how employers can support employees’ mental health amid the ongoing threat of U.S. tariffs was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Communication of benefits, transparency keys to supporting employee mental-health amid tariff dispute: […]
The emergence of the Chinese artificial intelligence platform DeepSeek-R1 has raised questions on how it will change the AI value chain, from providers to consumers to real-world business applications of the technology. According to a report by the BBC, researchers with Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co. Ltd., the company behind DeepSeek, claimed […]
The Ontario Municipal Employees’ Retirement System is appointing Alexander Fraser as executive vice-president and global head of private equity, effective March 17. He’ll succeed Michael Graham, who retired from the position earlier this year, and will oversee the OMERS’ global private equity business, which manages roughly $27.5 billion in assets. Most recently, Fraser was a […]
The Public Sector Pension Investment Board is buying a 7.51 per cent ownership stake in the 407 Express Toll Route from the Canada Pension Plan Investment Board. The price for the strategic stake in the Greater Toronto Area highway asset will cost roughly $2.39 billion payable at closing and a deferred payment to be made […]
The Canada Pension Plan Investment Board is appointing Ben Meng as managing director and head of investment portfolio management, effective immediately. Most recently, Meng was executive vice-president, chair of Asia-Pacific and the executive sponsor of sustainability at Franklin Templeton. Prior to that, he was chief investment officer at the California Public Employees’ Retirement System. Read: […]
While community bonds, an investment asset offered by not-for-profits looking to raise capital for socially conscious projects, are growing in Canada, they don’t match the investment needs of institutional investors, says Rod Lohin, executive director at the Lee-Chin Institute for Corporate Citizenship at the University of Toronto’s Rotman School of Management. “[Community bonds are] just […]