CPPIB, Caisse to open Mumbai offices

The Canada Pension Plan Investment Board (CPPIB) and the Caisse de dépôt et placement du Québec plan to open offices in Mumbai, India.

The announcements were made by Prime Minister Stephen Harper during the visit to Canada by India’s prime minister, Narendra Modi.

Read: CPPIB makes infrastructure investment in India

The CPPIB announced that it plans to open a Mumbai office in October 2015. It has already made investments in the country.

And the Caisse will open a Mumbai office in 2016 as part of its push to expand its presence in selected markets and invest strategically.

Also read:

CalPERS CEO pay reaching US$1.2M due to investment performance boost: report

Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than...

By: Staff
September 25, 2024 September 23, 2024
15:00

Expert panel: The different pathways to pursuing a total portfolio approach

The total portfolio approach is gaining interest as a new investing strategy for pension funds and other asset owners, but its novel status may be...

By: Sebastien Betermier
September 24, 2024 September 24, 2024
11:00

86% of institutional investors adopting sustainable investing strategies: survey

Roughly nine in 10 (86 per cent) institutional investors with assets under management of US$10 billion or more say they’re incorporating sustainable investments as part...

By: Staff
September 24, 2024 September 20, 2024
11:00

38% of plan members experiencing loneliness, isolation, social disconnection: 2024 BCHS

Nearly two-fifths (38 per cent) of benefits plan members are experiencing a general sense of loneliness, isolation and social disconnection, according to the 2024 Benefits...

By: Staff
September 18, 2024 September 17, 2024
09:00

Today's top stories

Canadian institutional investors allocating 3% to domestic equities: report

Canadian institutional investors are allocating only three per cent of their funds to domestic equities, according to a new study from London-based think thank New...

By: Staff
October 2, 2024 October 2, 2024
15:00

How national dental-care, pharmacare programs will impact unionized employees

The Canada Dental Care Plan will help make dental services more accessible for unionized employees who don’t currently have a dental program within their contract,...

By: Lauren Bailey
October 2, 2024 October 2, 2024
09:00

ICPM celebrating 20 years of promoting strong pension governance practices

The International Centre for Pension Management is celebrating 20 years of promoting strong pension governance practices by regularly engaging plan sponsor members, says Sebastien Betermier, the organization’s...

By: Bryan McGovern
October 1, 2024 September 30, 2024
11:00

Remote working opportunities shaped by employees’ location, commuting times: report

While Canadian employees are settling into new remote working patterns, regional disparities reveal different experiences across the country, according to a new report by the...

By: Staff
October 1, 2024 October 1, 2024
15:00