The Caisse de dépôt et placement du Québec, through its investment platform with port and terminal operator DP World, is taking on a 45 per cent interest in DP World Chile, which operates terminals in Puerto Central and Puerto Lirquen. The terminals, which serve Chile’s main consumption and industrial centres, join a portfolio of ports […]
The OPSEU Pension Trust is highlighting its responsible investing efforts in its fourth yearly report. The report’s key themes included the pension fund’s focus on better measuring its exposure to climate change risk and promoting of gender diversity. On climate change, the OPTrust is aiming to get more and better quality information from portfolio companies on these issues. As well, the […]
The Public Sector Pension Investment Board, alongside private equity firm Lightyear Capital, is selling Advisor Group Inc. to Reverence Capital Partners. After the transaction closes in the third quarter of 2019, both the PSP and Lightyear will continue to hold minority stakes. Since the PSP and Lightyear acquired Advisor Group from AIG Inc. in May 2016, client assets grew […]
An outsourced chief investment officer provides external expertise that can ease the minds of plan sponsors overwhelmed by pension management decisions. While the services have traditionally been used by defined benefit plans, do they translate to defined contribution plan management? John Jenner, vice-president of finance at Electrozad: Although today’s world is geographically the same size […]
As factor and multi-factor investing become more commonly understood investment styles, different strategies can help mitigate specific risks in choppier markets. “Nobody wants to hear about risk until it’s too late,” said Carlos Phillips, vice-president and director at TD Asset Management Inc., at an event hosted by the firm in Toronto on Tuesday. A significant […]
Almost half (47 per cent) of institutional investors are interested in including digital assets in their investment portfolios, according to a survey by Fidelity Investments Inc. The study, which surveyed more than 400 U.S. institutional investors, including pension plans, family offices, crypto and traditional hedge funds, found 22 per cent of respondents said they already have some exposure to […]
When the World Economic Forum met this year in Davos, Switzerland, it chose a very timely topic: the fourth industrial revolution that’s about to be wrought by automation. Like every revolution, it will have winners and losers. Artificial intelligence will massively increase productivity and create jobs that don’t even exist today. But at the same time, it will […]
Looks aren’t a solid basis on which to form a long-term relationship and neither is the surface-level appearance of a target-date fund. “In a perfect world, we would like our members to have a long-term relationship with a target-date fund we’re offering,” said Zaheed Jiwani, a principal at Eckler Ltd., at Benefits Canada‘s 2019 Benefits […]
Seventy per cent of Canadians said they think it’s important to invest in companies with strong environmental, social and governance performance, according to a new study by Mackenzie Investments. While a majority of survey respondents said they believe socially responsible investing is important, just 31 per cent hold ethical investments. Among those who don’t, one-third said they […]
With the industry focused on retirement readiness and more defined contribution plan members on glide paths, it’s increasingly important for plan sponsors to choose default investment funds suited to the present and future. Fortunately, these funds have been shifting away from their conservative roots. Money market funds, for instance, were once a common default in […]