The Ontario Public Service Employees Union is adding its voice to the concerns about possible pension plan changes by the Ontario Municipal Employees Retirement System. “The OMERS pension plan is in good shape financially and will ensure a dignified retirement for the hundreds of thousands of Ontarians who’ve paid into it throughout their working careers,” […]
Pension plans are very familiar with working with outside asset managers, but the Montreal-based Walter Group of companies wants to give them the opportunity to invest in the asset management business as well. “This opportunity is unique for institutional investors,” says Rene Fournier, president and chief investment officer of Walter Financial Inc. With its new fund, […]
While an investment bank that provides advisory services to the federal government has approached the Canada Pension Plan Investment Board about the Trans Mountain pipeline, the fund hasn’t faced political pressure to invest in it, the CPPIB’s chief executive officer told a House of Commons committee on Monday. Speaking before the finance committee on Monday, […]
There’s plenty of room to grow in Canadian farmland, according to Kevin Fahey, director of investments at the Colleges of Applied Arts and Technology pension plan. The United States and emerging markets offer opportunities as well, but farmland in Canada is cheaper than it is south of the border at the moment, he notes. As for emerging markets, while […]
Just days before Canada hosts the G7 Summit in La Malbaie, Que., a group of investors, including some of the country’s largest pension funds, has joined together with the federal government to promote three key issues, including increasing opportunities for women in finance and investment worldwide. “We need to think about how we’re going to ensure half of […]
While the integration of environmental, social and governance factors is becoming more prevalent in discussions about institutional investing, there’s more work to do when it comes to alternative investments. “Private equity is all about value creation,” said Martha Tredgett, Canadian representative for LGT Capital Partners Ltd., during an event hosted by the Canadian chapter of […]
Morneau compares pipeline to insurance for investors
Institutional investors are keeping an eye on the political instability in Italy as premier-designate Carlo Cottarelli prepares to present his ministerial picks and the market opened down 1.8 per cent on Tuesday. Last week, Italy’s president Sergio Mattarella invited the anti-establishment Five Star Movement and the League, formerly known as the Northern League, to form a coalition […]
As the May 31 deadline approaches for Kinder Morgan Canada Ltd. to abandon the Trans Mountain pipeline expansion, federal Finance Minister Bill Morneau is suggesting other investors, including pension plans, should be looking to enter the project. While the premiers of British Columbia and Alberta remain at odds over the pipeline, Morneau told reporters at […]
Investors eyeing gold as inflation concerns rise