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TTC Pension Plan appointing Andy Greene as CIO, James Clarkson as CFO

The Toronto Transit Commission Pension Plan board is appointing Andy Greene as chief investment officer and James Clarkson as chief financial officer and treasurer. As CIO,…

  • By: Staff
  • July 4, 2023 July 4, 2023
  • 12:30

Canadian annuity prices show asymmetrical response to interest rate shifts: experts

Canadian annuity prices have an asymmetrical response to changing interest rates, making it more expensive to de-risk defined benefit pension plans shortly after rates rise,…

Pension investment organizations backing consolidated sustainability standards in joint statement

The leaders of 11 of Canada’s largest public sector pension investment organizations are calling on companies to adopt a new framework that would consolidate existing…

  • By: Staff
  • June 29, 2023 June 29, 2023
  • 12:30
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Ivanhoé Cambridge entering self storage partnership, Ontario Teachers’ backing telecom tower acquisition

The real estate arm of the Caisse de dépôt et placement du Québec is making its first investment in alternative industrial assets through a partnership…

  • By: Staff
  • June 27, 2023 June 27, 2023
  • 12:30

Leveraging the long-term perspective at Rexel North America

The current economic maelstrom, with its high inflation and interest rates, has left many institutional investors operating in uncharted territory — though not Rashid Maqsood,…

Canadian DB pension plan assets decline 0.6% in May: report

The funded position of a typical Canadian defined benefit pension plan fell slightly on a solvency basis and rose on an accounting basis in May,…

  • By: Staff
  • June 15, 2023 June 15, 2023
  • 12:30

Salvatore Iacono to succeed John Sullivan as Cadillac Fairview president, CEO

Salvatore Iacono will succeed John Sullivan as president and chief executive officer of Cadillac Fairview, the real estate arm of the Ontario Teachers’ Pension Plan,…

  • By: Staff
  • June 13, 2023 June 13, 2023
  • 12:30

Caisse underwriting bridge bonds, OMERS backing financial analytics platform

The Caisse de dépôt et placement du Québec is underwriting $75 million of bonds issued to finance a portion of the construction of a new…

  • By: Staff
  • June 13, 2023 June 13, 2023
  • 12:30

University Pension Plan’s assets declined 9.1% in 2022, led by public equities

The University Pension Plan posted 9.1 per cent losses in 2022, according to its annual report. During the year, the jointly sponsored defined benefit pension…

  • By: Staff
  • June 13, 2023 June 13, 2023
  • 09:00
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Saskatchewan’s pension and benefits administrator transitioning to not-for-profit model

Saskatchewan’s Public Employees Benefits Agency is transitioning to a not-for-profit corporation. The PEBA began pursuing the transition in 2021 at the request of the trustees…

HOOPP recognizes Canadian property managers for climate leadership

The Healthcare of Ontario Pension Plan is recognizing the property managers of nine Canadian buildings among the winners of its Leadership in Environmental Advancement Program…

  • By: Staff
  • June 6, 2023 June 6, 2023
  • 12:00

Coverage of the 2023 Global Investment Conference

On April 12-14, a group of defined benefit pension plan sponsors, asset managers and academics gathered at the Fairmont Chateau Whistler in British Columbia for…

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2023 GIC coverage: The good, the bad and the ugly sides of regime shifts

“Let me start by pointing out the obvious: the last few years have been exhausting,” said Mina Krishnan, multi-asset portfolio manager at Schroders, during a…

2023 GIC coverage: Overcoming liquidity challenges in private market allocations

“Investing in private markets comes with its fair share of challenges,” said Rémi Tétreault, director of client solutions at Trans-Canada Capital Inc., during the Canadian…

2023 GIC coverage: Institutional investors finding opportunities for high-yield in unlikely places

Institutional investors are entering a golden period ripe with opportunities in current global and emerging markets, said Karl Dasher, president of Polen Capital, during the Canadian…

2023 GIC coverage: How OPTrust is building resilient portfolios with help of external managers

When investing in external asset managers, pension funds are really investing in teams of people, according to Brandon Gill New, director and head of multi-strategy…

Franklin Templeton to acquire Putnam Investments

Franklin Templeton is entering into a definitive agreement to acquire Putnam Investments from Great-West Lifeco Inc. for about US$925 million. As part of the agreement,…

  • By: Staff
  • June 1, 2023 June 1, 2023
  • 15:00

ACPM urging Retraite Québec to increase flexibility in funding municipal, university DB pension plans

The Association of Canadian Pension Management is urging Retraite Québec to provide additional flexibility in the funding of municipal and university defined benefit pension plans. In…

  • By: Staff
  • May 29, 2023 May 29, 2023
  • 09:00

U.S. DB pension plan assets rise 4.47% in Q1 2023

U.S. defined benefit pension plans posted net returns of 4.47 per cent in the first quarter of 2023, according to a report from Investment Metrics…

  • By: Staff
  • May 23, 2023 May 23, 2023
  • 12:30

Expert panel: History’s lessons for DB pension plans during turbulent times

At the best of times, selecting an optimal asset mix for a defined benefit pension plan is challenging. The times of today are downright turbulent.…

Top 5 HR, benefits, pension and investment stories of the week

An article on how defined benefit pension plan sponsors can use a surplus was the most-read story on BenefitsCanada.com over the last week. Here are…

  • By: Staff
  • May 19, 2023 May 26, 2023
  • 09:00

Wells Fargo agrees to pay $1BN to public retirement plan members to settle class action lawsuit

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…

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Expert panel: How DB pension plan sponsors can use surplus

In 2022, the typical defined benefit pension plan achieved an investment return of roughly negative 12 per cent. However, due to dramatic increases in bond…

2022 Pension Leadership Awards winners announced

The Canadian Investment Review is proud to announce the winners of the third annual Pension Leadership Awards. The winners are: Investment Officer of the Year Award: Duncan…

  • By: Staff
  • May 16, 2023 June 6, 2023
  • 08:00