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Latest news in Canadian Investment Review News

Rising bond yields, frontier markets top of mind for institutional investors in 2024: expert

The progression of bonds and frontier markets over the long term will be top of mind for institutional investors in the coming year, according to…

OPTrust aiming to cut 30% of carbon footprint from portfolio by 2030

The OPSEU Pension Trust is targeting a 30 per cent reduction in its carbon footprint by 2030, according to its new climate change report. It…

  • By: Staff
  • December 19, 2023 December 18, 2023
  • 11:00

SHEPP diversifying portfolio with alternatives, less dependence on equities

Before Janet Jule joined the Saskatchewan Healthcare Employees’ Pension Plan as its chief investment officer in 2015, the pension plan sponsor started adding a wider…

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BCFSA’s climate risk guidelines could create burden on smaller pension plans, says PIAC

The Pension Investment Association of Canada is calling on the B.C. Financial Services Authority to reconsider implementing new standards for climate-related risks analysis guidelines, noting it…

  • By: Staff
  • December 14, 2023 December 13, 2023
  • 09:00

Study finds healthier funding status for DB plans raising interest in LDI strategy reviews

U.S.-based defined benefit pension plan sponsors are increasingly looking to assess their liability-driven investment strategies as they reach fully funded statuses, according to a new…

U.S. institutional investors paid $1.5 billion in management fees in 2022: report

U.S. institutional investors paid $1.5 billion in management fees in 2022, according to a new report by investment consulting firm Callan. The report, which analyzed mandates…

  • By: Staff
  • December 8, 2023 December 8, 2023
  • 15:00

AIMCo acquiring Australian cattle portfolio company, IMCO adding $2.6BN in portfolio assets

The Alberta Investment Management Corp. is increasing its Australian agriculture portfolio with the acquisition of a cattle management company. The transaction will see the AIMCo…

  • By: Staff
  • December 5, 2023 December 5, 2023
  • 09:30

Caisse invests in audiovisual technology company, Ontario Teachers’ acquires Australian agriculture operator

The Caisse de dépôt et placement du Québec is investing in an audiovisual and entertainment technology company. The investment organization acquired a minority stake in…

  • By: Staff
  • November 30, 2023 November 29, 2023
  • 11:00
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Federal public sector pension indexation rate set at 4.8% for 2024

The pension indexation rate for federal public sector pensions will be 4.8 per cent in 2024, according to the National Association of Federal Retirees. The…

  • By: Staff
  • November 30, 2023 November 30, 2023
  • 11:00

OPB appointing Darwin Bozek as president, chief pension officer

The Ontario Pension Board is appointing Darwin Bozek as president and chief pension officer, effective Feb. 1, 2024. He joins the OPB from the Alberta…

  • By: Staff
  • November 28, 2023 November 28, 2023
  • 09:00
ACPM calling on feds to streamline pension overpayment recovery

Removal of ‘30% rule’ could boost investment, reduce private equity fees for Canadian pension funds

If the federal government scraps its rule restricting Canadian pension funds from holding more than 30 per cent of the voting shares of investee corporations, pension…

Caisse invests $200M in Swedish battery maker, OMERS closes US$1BN term notes offering

The Caisse de dépôt et placement du Québec is investing $200 million in a Swedish company developing and manufacturing lithium-ion batteries for electric vehicles. The…

  • By: Staff
  • November 21, 2023 November 20, 2023
  • 11:00

Top money managers’ Canadian pension AUM up 7.7% year over year: report

The Canadian pension assets under management of the country’s top 40 investment managers increased by 7.7 percentage points over the previous year, from nearly $989…

  • By: Staff
  • November 21, 2023 November 20, 2023
  • 11:00

Former federal finance minister defends ‘sustainably successful’ CPP amid Alberta pension exit plan

Former federal finance minister Bill Morneau is standing up for the Canadian Pension Plan, calling it a uniquely successful investment organization that won’t be easily…

TTC Pension Plan on track to remove surprises from risk assessment

In the institutional investment sector, risk management means thinking about a lot of doom and gloom, but for Danny Ip, the job is more about…

Ontario Teachers’ invests $80M in Indian packaging operator, BCI boosts funding for quantum computing firm

The Ontario Teachers’ Pension Plan is investing $80 million in logistics service provider Xpressbees. The Indian packaging and shipping company, which offers its services across…

  • By: Staff
  • November 16, 2023 November 16, 2023
  • 11:00

Survey finds 77% of U.S. institutional investors worried about inflation and interest rates in 2024

A majority (77 per cent) of U.S.-based institutional investors expect interest rates and inflation to remain elevated in 2024, causing problems for risk assessments over…

  • By: Staff
  • November 16, 2023 November 16, 2023
  • 11:00
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CPPIB sells $2BN worth of fund interests, Caisse invests in Quebec media company

The Canada Pension Plan Investment Board is selling a portfolio of fund interests in 20 limited partnership buyout funds in a deal worth $2 billion.…

  • By: Staff
  • November 14, 2023 November 14, 2023
  • 11:00

Pension plans ready to invest in new Ontario Infrastructure Bank under right circumstances

The Ontario government’s new investment organization could incentivize institutional investors to take a closer look at infrastructure opportunities in the province, says Iftikhar Ahmed, a…

Ontario’s guidance for target-benefit MEPPs undermines incentives for plan sponsors: ACPM

The Ontario Ministry of Finance’s proposed guidance for multi-employer target-benefit pension plans undermines incentives for employers to contribute towards their employees’ retirement savings, including cost certainty,…

  • By: Staff
  • October 30, 2023 November 2, 2023
  • 09:00

How Texas’ Teacher Retirement System is incorporating AI into pension governance

While artificial intelligence represents a new cornerstone for institutional investors’ operational tasks, corporate governance will be essential to ensure the risks are properly managed, according…

Caisse pledging to allocate up to $8BN to Quebec managers by 2028

The Caisse de dépôt et placement du Québec is aiming to more than double the size of the assets it entrusts to Quebec external managers to…

  • By: Staff
  • October 26, 2023 October 25, 2023
  • 11:00
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Bank of Canada holds key interest rate at 5%, keeps door open to more rate hikes

The Bank of Canada held its key interest rate steady at five per cent, but hasn’t ruled out future rate hikes as price pressures remain…

IMCO joining network of employee ownership coalition

The Investment Management Corp. of Ontario is joining Ownership Works, a non-profit organization dedicated to implementing broad-based employee ownership programs, as a founding investor partner.…

  • By: Staff
  • October 24, 2023 October 24, 2023
  • 11:00
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CPPIB reports $79BN exposure to green and transition assets

The Canada Pension Plan Investment Board says it will meet its goal of holding $130 billion in green and transition assets by 2030, according to…

  • By: Staff
  • October 24, 2023 October 23, 2023
  • 09:00