The Caisse de dépôt et placement du Québec and Samsung Securities Ltd. are signing a memorandum of understanding for joint investments. The pension fund and the South Korean investment bank have been ramping up their global infrastructure investments, according to a press release. Through the memorandum, the two parties intend to jointly explore further infrastructure investments. Read: Caisse […]
Capital Group has appointed Rick Headrick as president of its business in Canada. With more than 20 years of industry experience, he was most recently the president of Sun Life Global Investments Canada Inc. In that role, he was responsible for growing the distribution of investment funds through financial advisors and institutional retirement plans across the country. Headrick was […]
As private market assets become larger and more important allocations in pension plan portfolios, the methods for effectively benchmarking performance will become more relevant to the institutional investment community, according to a recent report by Callan. While several methods exist to measure manager and asset performance, it can be difficult for investors to get their hands on robust data, as […]
While emerging markets have been underperforming their developed counterparts over the past decade, this may be about to change. “Basically, everything went wrong in emerging markets in the last 10 years,” said Laurence Bensafi, deputy head of emerging markets equity at RBC Global Asset Management Inc., in a webinar hosted by the Association of Canadian Pension Management […]
More Canadians are using tax-free savings accounts than registered retirement savings accounts, at 57 per cent compared to 52 per cent, according to a new survey by the Royal Bank of Canada. It found TFSAs are now the preferred option among Canadians aged 55 or over, a group that has primarily focused on RRSPs in […]
While some pension fund managers swear by hedge funds, others would never sink in a single cent. After the 2008 financial crisis turned some investors sour, is it time to give hedge funds a second chance? Colin Spinney, treasurer at Dalhousie University: The Dalhousie pension plan once had a stand-alone allocation to hedge funds, or […]
When analyzing the likelihood of a trade war means keeping one eye on Twitter, the global backdrop for risk becomes more troubling. “You definitely start by taking that global temperature — looking at growth, inflation, interest rates, commodity prices, currencies, event risk,” says Rob Hall, institutional portfolio manager on the emerging markets debt team at […]
When Gary Timlick joined the Wawanesa Mutual Insurance Co. as its senior vice-president, chief financial officer and pension committee chair, it had no formal investment department. With responsibility for managing corporate investments and pension assets resting solely on Timlick, he began a journey to build up an investment team. Though it was a relatively new […]
Schroders Investment Management Ltd. is naming Michelle Skelly as its new head of Canada. Skelly joined Schroders in 2007 and has served as institutional sales director in Canada since 2012. “North America continues to be an area of growth for Schroders and I am pleased to have Michelle Skelly lead our efforts in Canada,” said […]
The Caisse de dépôt et placement du Québec is making a share capital investment in Quebec-based Golf Avenue. The investment will allow the online pre-owned golf equipment retailer to continue its U.S. and European expansions, add new technology to its digital platforms and increase its offerings by launching a platform dedicated to cycling equipment, according to […]