Investment management fees for certain asset classes have declined substantially, especially in sectors where managers have been under pressure from new competitors, cheaper alternative strategies or heightened visibility on total costs. The findings are contained in a new study conducted by bfinance, analyzing changes in management fees since 2016. Using proprietary data culled from actual […]
Pension funds are diversifying into alternatives in an increasingly challenging environment for returns. But many of the traditional characteristics institutional investors seek to achieve by investing in alternatives may not actually be present depending on the particular asset class, said Michael Sager, vice-president and client portfolio manager in multi-asset and currency management at CIBC Asset […]
For institutional investors looking at farmland, various strategies are available that span a range of asset classes, from real assets to private equity to venture capital, said Bernice Miedzinski, president of Starbridge Capital Ltd., during a webinar hosted by the Canadian Investment Review this week. Lower risk strategies include buying land and leasing it back to farmers, […]
The Ontario Teachers’ Pension Plan is launching a venture incubator called Koru, which aims to create, test and build scalable new digital businesses. “Koru is a clear demonstration of Ontario Teachers’ partnership model of investing,” said Ziad Hindo, chief investment officer at the Ontario Teachers’, in a press release. “It provides us with an entirely […]
The Canada Pension Plan Investment Board has formed a joint venture with Boston Properties Inc. to develop Platform 16, a 1.1-million-square-foot Class A urban office campus in downtown San Jose, California. In November 2018, Boston Properties entered a 65-year ground lease for Platform 16. As part of the lease, it secured the right to purchase […]
The Public Sector Pension Investment Board is closing the largest private construction loan in Washington, D.C. history alongside Hoffman-Madison Waterfront. The first phase of the wharf, a waterfront neighbourhood that includes residential, hotel, office, retail real estate and public spaces like waterfront parks and piers, opened in 2017. This latest loan is for the second phase of its development. […]
More than half (52 per cent) of institutional investors said they think a political or world event, such as Brexit, will impact portfolio performance over the next 12 months, according to a survey by Schroders. And that number is on the rise. The survey, which polled 650 institutional investors with a combined US$25.4 trillion in […]
Oxford Properties Group, the real estate investment arm of the Ontario Municipal Employees’ Retirement System, announced the winners of its global Hackathon competition, which awards prizes to innovators for their work to disrupt the design and construction process of commercial real estate. As real estate has proven to be an increasingly important asset class for pension plans, […]
Oxford Properties Group, the real estate investment arm of the Ontario Municipal Employees’ Retirement System, announced the winners of its global hackathon competition, which awarded prizes to innovators for their work to disrupt the design and construction process of commercial real estate. As real estate has proven to be an increasingly important asset class for […]
The market value of assets held by Canadian trusteed pension plans hit $1.97 trillion in the first quarter of 2019, an increase of five per cent from the last quarter of 2018, according to new data from Statistics Canada. Year over year, the market value of assets rose 3.6 per cent. The total includes assets […]