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Latest news in Canadian Investment Review News

OMERS’ portfolio company acquiring solar energy development platform

Caisse acquires 80% stake in Japanese solar power plant, AIMCo opens New York office

The Caisse de dépôt et placement du Québec is acquiring an 80 per cent stake in a Japanese solar power generation plant alongside its portfolio company…

  • By: Staff
  • February 16, 2024 February 14, 2024
  • 15:00
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Guardian Capital Group acquiring Sterling Capital

Guardian Capital Group Ltd. is acquiring U.S.-based asset manager Sterling Capital Management from Truist Financial Corp. The financial terms of the transaction include a payment…

  • By: Staff
  • February 15, 2024 February 15, 2024
  • 15:00

Competitive pension risk transfer costs declined from 101.8% to 100.5% in December: report

The estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process decreased from 101.8 per cent of a plan’s accounting…

  • By: Staff
  • February 15, 2024 February 14, 2024
  • 09:00

Canadian pension funds make top 10 list for largest annualized 10-year returns: report

Three of Canada’s largest pension plans are among the top 10 pension funds that generated the largest compound annualized returns between 2013 and 2022, according…

  • By: Staff
  • February 14, 2024 February 14, 2024
  • 09:00
Canadian ESG-related investment assets surge to $3.2 trillion: report

91% of Canadian institutional investors say climate change is top ESG concern: survey

A majority (91 per cent) of Canadian institutional investors say climate change is a leading concern within the environmental, social and governance space, according to…

  • By: Staff
  • February 13, 2024 February 13, 2024
  • 15:00

Vestcor appointing Sean Hewitt as president, CEO

Vestcor Inc. is appointing Sean Hewitt as president and chief executive officer, effective mid-April. He’ll succeed John Sinclair, who announced his retirement last November after…

  • By: Staff
  • February 12, 2024 February 14, 2024
  • 15:00

Editorial: The more things change

Well hello there! We may have met during one of Benefits Canada’s and the Canadian Investment Review’s many events throughout the year, but if we…

  • By: Blake Wolfe
  • February 9, 2024 August 19, 2024
  • 09:00

Halifax Port ILA/HEA assessing past, future of DB pension plans

While Blair Richards understands why the industry is moving away from defined benefit pension plans, he worries about what may be lost in the process.…

Average Canadian DB pension plan returns 8.4% in Q4 2023: report

The average Canadian defined benefit pension plan generated a median return of 8.4 per cent for the fourth quarter of 2023, according to a report…

  • By: Staff
  • February 8, 2024 February 7, 2024
  • 09:00
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New York City pension funds pushing RBC to disclose clean energy funding

Two New York City pension funds are pushing the Royal Bank of Canada to disclose more details on its clean energy funding. The shareholder resolution…

OMERS appointing Celine Chiovitti as chief pension officer

The Ontario Municipal Employees’ Retirement System is appointing Celine Chiovitti as chief pension officer, effective Feb. 6, 2024. In the new role, she’ll continue to…

  • By: Staff
  • February 7, 2024 February 7, 2024
  • 09:00
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CPPIB, Oxford Properties sell two Vancouver office buildings, OMERS closes €750 million term notes offering

The Canada Pension Plan Investment Board and Oxford Properties Group Inc., the real estate arm of the Ontario Municipal Employees’ Retirement System, are selling two…

  • By: Staff
  • February 6, 2024 February 5, 2024
  • 11:00

U.K. pension funds increasing allocations to renewable energy infrastructure: survey

A majority (90 per cent) of U.K. pension funds and insurers say they plan to increase allocations to renewable energy infrastructure in the next 12…

  • By: Staff
  • February 6, 2024 February 5, 2024
  • 11:00

U.S.-China business relationship, private credit shaping investments in 2024: IMCO

The Investment Management Corp. of Ontario believes an increasingly icy dynamic between the U.S. and China could lead to heightened volatility for institutional investors this…

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Average Canadian DB pension plan returns 8.2% in Q4 2023: report

The average Canadian defined benefit pension plan posted returns of 8.2 per cent in the fourth quarter of 2023, according to RBC Investor Services. It…

  • By: Staff
  • February 1, 2024 February 1, 2024
  • 15:00

AIMCo creates $1 billion fund for energy transition, Caisse backs aircraft financing platform

The Alberta Investment Management Corp. is setting up a new $1 billion fund to invest in energy transition and decarbonization efforts, according to a report by…

  • By: Staff
  • February 1, 2024 February 1, 2024
  • 11:00

Three Canadian pension funds’ investments among the biggest mergers, acquisitions deals in Q4 2023: report

A joint venture that saw the Canada Pension Plan Investment Board and Blackstone Inc. acquire a 20 per cent stake in a senior mortgage loan portfolio…

  • By: Staff
  • February 1, 2024 February 1, 2024
  • 11:00
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N.B. transferring 5 public DB pension plans to shared-risk model

Legislation that mandates the transfer of five New Brunswick public sector defined benefit pension plans to a shared-risk model goes into effect today. The Pension…

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ACPM focusing on VPLA policy, ESG investment standards in 2024

In the coming year, the Association of Canadian Pension Management is looking forward to the possibility of participating in final consultations on policies and legislation…

Institutional investors increasing allocations to private assets over next 3 years: survey

Two-fifths (40 per cent) of institutional investors say they plan to increase allocations to private debt investments over the next three years, according to a…

  • By: Staff
  • January 29, 2024 February 1, 2024
  • 15:00
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Four Canadian pension funds increasing exposure to private credit: report

As banks continue to pull back on lending, the Canada Pension Plan Investment Board, the Ontario Teachers’ Pension Plan, the Ontario Municipal Employees’ Retirement System…

  • By: Staff
  • January 29, 2024 February 1, 2024
  • 15:00
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Ontario civil servants noting flaws in Alberta’s CPP portion calculations: report

Ontario civil servants are questioning the methodology used in a report that determined how much money Alberta could extract from the Canada Pension Plan if…

  • By: Staff
  • January 25, 2024 January 24, 2024
  • 09:00

2023 Defined Benefit Investment Forum: Can institutional investors expect a recession in 2024?

The “most widely anticipated recession in history” could arrive in 2024, said Eric Lascelles, chief economist at RBC Global Asset Management, during the keynote session…

2023 Defined Benefit Investment Forum: How policy-makers, plan sponsors can manage, mitigate cybersecurity risks

Pension plan sponsors must effectively employ care, diligence and skill when facing cybersecurity threats, said Sandeep Kakan, board trustee and secretary at the Canada-Wide Industrial…