While the overall financial state of Ontario’s defined benefit pension plans improved in 2019, the Financial Services Regulatory Authority of Ontario continues to monitor fluctuations caused by the ongoing coronavirus pandemic. In the FSRA’s new report, it projected the estimated going-concern and solvency funding positions of the province’s DB plans to a common year-end date. […]
Over the last 40 years, the demographics of pension plan membership have changed drastically, said Michael Augustine, managing director and head of asset-liability management at TD Asset Management, during a webinar hosted by the investment manager earlier this month. “Forty years ago, when rates were a lot higher, pension plan demographics were quite different. For every […]
The Caisse de dépôt et placement du Québec is buying a portfolio of 73 photovoltaic plants from Q-Energy Ltd., the first step in creating a new platform in Spain that seeks to aggregate further renewable assets. The transaction will be finalized in the coming months, after which Q-Energy will continue to provide comprehensive management of […]
The Canada Pension Plan Investment Board is selling its 50 per cent interest in the first phase of a real estate development in London, England. Phase one of Nova Victoria, a five-building, mixed-use development adjacent to London’s Victoria mainline and underground stations, was finished in April 2017. The sale, to Singapore’s Suntec Real Estate Investment Trust, is […]
The Ontario Municipal Employees Retirement System has appointed Paul Brundage as deputy chair of investments, effective Oct. 1. Previously, he was executive vice-president of Europe and Asia at the pension fund’s real estate arm Oxford Properties Group. As part of the transition, Joanne McNamara and David Matheson are being promoted to executive vice-presidents of Europe […]
MSCI Inc. is expanding its range of emerging markets tools by launching a new property index for Brazil. The new index aims to bring transparency and consistent measurement to the Brazilian property market, said an MSCI press release. “Private real asset investing has become increasingly mainstream around the world, particularly in emerging markets like Brazil […]
Real estate, a long-time stable, returns-generating asset class for pension plans, may no longer be as solid due to the impact of the coronavirus pandemic. “A pretty traditional asset class for pension plans may have been in office and retail, but one of the changes that’s happened is [the move to] remote working,” said Barbara […]
Real estate, a long-time stable, returns-generating asset class for pension plans, may no longer be as solid due to the impact of the coronavirus pandemic. “A pretty traditional asset class for pension plans may have been in office and retail, but one of the changes that’s happened is [the move to] remote working,” said Barbara Zvan, […]
Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, is buying a parcel of real estate in the 11th arrondissement in Paris. The 4,000 square metre complex consists of a residential building, a former industrial space and a private roadway. The firm is set to redevelop the site, […]
The Institutional Investors Group on Climate Change is launching a draft guide for investors seeking to align their investments with the Paris Agreement on climate change. The framework was developed in consultation with more than 70 global investors, managing an aggregate US$16 trillion in assets. It aims to help investors actively decarbonize their portfolios with the […]