After starting to manage assets for its first two clients in July 2017, the Investment Management Corp. of Ontario has released its 2018 annual report, but investment results will be announced by its clients this year. Currently, the IMCO manages $26 billion in net assets for the Ontario Pension Board and $34 billion for the […]
More than half (61 per cent) of institutional investors think equities are peaking as 2019 gets rolling, according to research from Preqin. This number has been on the rise during the past 18 months, potentially hinting markets are due for a correction, the report noted. “It’s no surprise that this is throwing the role of […]
Limiting global warming is essential to institutional investors, according to a new report by Mercer Canada. The report models three different scenarios, examining the impact of average warming of two, three and four degrees Celsius over three timeframes: 2030, 2050 and 2100. For both investors and the planet, limiting warming to two degrees is ideal, […]
Real estate remains a popular asset class for institutional investors seeking to diversify their sources of real returns. As the economic cycle reaches its late stages, where can investors find the best real estate opportunities? Has core real estate in the U.S. run its course? At least half of a sample of 144 institutional investors […]
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 […]