In a challenging 2018 market environment, the Ontario Pension Board finished the year with an annual investment return of 1.8 per cent, down from 10.8 per cent in 2017. “This return reflected the challenging investment environment in 2018, including slowing global growth, rising central bank rates that tightened liquidity and uncertain geopolitical events such as […]
The U.S. customized target-date fund market grew to US$430 billion at the end of 2017, according to the Defined Contribution Institutional Investment Association. The DCIIA’s inaugural survey on the market, which included data from 65 plans with a total of 673 different funds, found the majority of these funds are allocated to a mix of equities and fixed income. […]
As part of an ongoing joint venture, the Public Sector Pension Investment Board is purchasing a purpose-built student accommodation in London, England. Together with Greystar Real Estate Partners and Allianz Real Estate, the PSP is taking on the property, called Paul St. East, from Apache Capital Partners for more than $241 million. The acquisition is part of the Chapter […]
The British Columbia Investment Management Corp. is teaming up with RBC Global Asset Management Inc. and QuadReal Property Group on a project involving $7 billion worth of commercial real estate. The venture will bring together more than 40 of the BCI’s existing Canadian real estate assets in one portfolio. The BCI and the newly minted RBC Canadian […]
The British Columbia Investment Management Corp. is teaming up with RBC Global Asset Management Inc. and QuadReal Property Group on a project involving $7 billion worth of commercial real estate. The venture will bring together more than 40 of the BCI’s existing Canadian real estate assets in one portfolio. The BCI and the newly minted RBC Canadian […]
Canadian institutional investors are taking on more private credit, both as a replacement for equity, as well as a tool to enhance their fixed income allocations, said Janet Rabovsky, partner at Ellement Consulting Group in a webinar presented by the Canadian Investment Review on Tuesday. For pension plans in particular, the equity-like return that private […]
Canadian institutional investors are taking on more private credit, both as a replacement for equity, as well as a tool to enhance their fixed-income allocations, said Janet Rabovsky, partner at Ellement Consulting Group in a webinar presented by the Canadian Investment Review. For pension plans in particular, the equity-like return private credit can yield, accompanied […]
The OPSEU Pension Trust is partnering with several investment firms to buy three buildings in the downtown Toronto financial district. The properties are anchored to the Dynamic Funds Tower, the OPTrust’s current corporate headquarters. The other investors include the Great-West Life Real Estate Fund, the London Life Real Estate Fund and I.G. Investment Management Ltd. […]
The Caisse de dépôt et placement du Québec ended 2018 with a return of 4.2 per cent, beating its benchmark portfolio, which returned 2.4 per cent, and bringing the portfolio to a net asset total of $309.5 billion. “In 2018, our investment strategy was put to the test. For the first time in several years, global stock […]
The Canada Pension Plan Investment Board is signing a strategic partnership with La Française, a third-party asset manager, to launch a new real estate investment and development vehicle called Société Foncière et Immobilière du Grand Paris. The CPPIB will hold 80 per cent of the venture while the remaining 20 per cent will be held by the Caisse […]