Wells Fargo has agreed to pay US$1 billion to settle a lawsuit filed by its two public sector pension plans that alleged the bank made…
A typical Canadian defined benefit pension plan’s funded position improved on a solvency basis and decreased on an accounting basis in April as a result…
The median Canadian defined benefit pension plan’s investments returned 4.2 per cent during the first quarter of 2022, according to a new report by Northern Trust…
The majority (61 per cent) of global institutional investors are considering increasing their allocations to exchange-traded funds in the next year, down significantly from 82…
The Canada Pension Plan Investment Board is supporting an effort to spin off the steel-making side of an investee mining company despite previously saying it…
The British Columbia Investment Management Corp. is leveraging its size and influence to drive environmental, social and governance improvements across its portfolio, according to the…
Most institutional investors say they’ve increased their reliance on content from social media in the investment decision-making process after adopting hybrid working environments, according to…
The average Canadian pension plan’s funded ratio reached 120 per cent as of March 31, 2023, up one per cent over the quarter, while the average…
The Ontario Pension Board is announcing its plans for managing the coming departures of two of its top executives — Mark Fuller, president and chief…
As countries seek to reach net-zero carbon emissions targets by 2050, demand for buildings to be retrofit to improve energy efficiency will more than double,…
The College of Arts and Technology pension plan’s assets dropped 2.3 per cent while its funded ratio on a going-concern basis remained at 124 per…
The funded position of a typical Canadian defined benefit pension plan improved on a solvency and accounting basis in March, according to a new report…
As world markets contend with supply chain issues stemming from climate change, the coronavirus pandemic and Russia’s invasion of Ukraine, environmental, social and governance considerations…
In 2018, the British Columbia Investment Management Corp. adopted a centralized trading framework. The program, which brought together global derivatives and trading with almost $35…
The International Monetary Fund is altering its expectations for global economic growth and inflation in 2023. During a recent press conference, the United Nation’s financial agency…
The Investment Management Corp. of Ontario is reporting that the weighted average net return of its clients’ portfolios was negative 8.1 per cent for the year ended Dec.…
Institutional investors are steadily integrating environmental, social and governance into their investment reporting and practices, according to a new report by the United Nations’ principles…
The Alberta Investment Management Corp. is revealing details of how environmental, social and governance factors are used alongside traditional financial analysis in its investment strategy.…
Speaking at the Ontario Municipal Employees’ Retirement System’s annual general meeting on Tuesday, Blake Hutcheson, its chief executive officer, discussed the OMERS’ recent annual results,…
The Association of Canadian Pension Management is urging the Financial Services Regulatory Authority of Ontario to apply a best practices approach for the pension sector…
A watchdog organization is criticizing a government fund dedicated to attracting investments in green technologies. “The government seems to be saying this is concessional finance,” says…
The Ontario Municipal Employees’ Retirement System is appointing Ashish Goyal as executive vice-president and head of Asia-Pacific. In the new role, he’ll oversee investments across…
The real estate arm of the Ontario Municipal Employees’ Retirement System is acquiring a pharmaceutical manufacturing facility in Raleigh, NC. The Oxford Properties Group is…
The 2023 federal budget, which was announced on Tuesday, includes several initiatives related to defined benefit pension plans and the broader institutional investment sector. The…
Over the last year, the number of large Canadian pension funds with commitments to achieving net-zero emissions by 2050 rose from two funds to nine,…