CIR news

Latest news in DB

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OMERS-led consortium buys French fibre wholesale operator

A joint-venture formed in 2019 by the Ontario Municipal Employees Retirement System, along with Altice, Allianz Capital Partners and AXA Investment Managers’ real assets division,…

  • By: Staff
  • November 27, 2019 December 13, 2020
  • 08:40

Michael Sabia leaving Caisse to head University of Toronto’s Munk School

The chief executive of the Caisse de depot et placement du Quebec is stepping down from the pension fund manager to become head of the…

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Getting to know new Provident10 CIO Michel Malo

At the beginning of September, Provident10, which oversees the administration and asset management for Newfoundland and Labrador’s Public Service Pension Plan, welcomed a new chief…

Alberta budget announces fund transfers to AIMCo for management

The Alberta Teachers’ Retirement Fund Board will transfer all of its funds to the Alberta Investment Management Corp. for management, according to the province’s latest…

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AIMCo amps up proxy voting engagement in public equities portfolio

Proxy voting played a major role in the Alberta Investment Management Corp.’s responsible investment strategy during the past year, according to its newly released annual…

  • By: Staff
  • October 29, 2019 January 6, 2021
  • 08:30
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Governance was key to turnaround at Newfoundland and Labrador Teachers’ Pension Plan

Like many plans, the Newfoundland and Labrador Teachers’ Pension Plan came out of 2008 in rough shape. So, the government started to discuss what should…

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Moving to a sustainability mindset at Concordia University’s pension plan

In just a few short years, Concordia University’s pension plan has transformed its governance model and investment approach. Before the financial crisis, the university’s plan,…

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Ontario Teachers’ launches digital business incubator, CPPIB invests in office campus in California

The Ontario Teachers’ Pension Plan is launching a venture incubator called Koru, which aims to create, test and build scalable new digital businesses. “Koru is…

  • October 3, 2019 January 20, 2021
  • 08:59

Canadian DB pensions share experiences implementing TCFD recommendations

A group of institutional investors, including numerous large Canadian defined benefit pension plans, has released a handbook outlining their experiences implementing the recommendations from the…

  • By: Staff
  • September 30, 2019 January 9, 2021
  • 08:21
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PIAC calling for tighter link to asset allocation for PfAD in proposed B.C. pension solvency funding framework

While the Pension Investment Association of Canada is generally supportive of British Columbia’s proposed solvency funding framework, when it comes to requirements around funding the…

  • By: Staff
  • September 20, 2019 January 6, 2021
  • 09:19

CPPIB to open San Francisco office, hires head of VC funds

The Canada Pension Plan Investment Board is opening an office in San Francisco. The new location is the CPPIB’s second U.S. office, after New York…

  • By: Staff
  • September 11, 2019 January 6, 2021
  • 09:14
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World’s largest pension funds’ AUM decreased in 2018

After increasing by 15.1 per cent in 2017, the assets under management of the world’s 300 largest pension funds fell by 0.4 per cent in…

  • By: Staff
  • September 3, 2019 January 6, 2021
  • 11:51

OPTrust appoints new president and CEO, Ontario Teachers’ COO of enterprise operations moves to UN’s pension fund

The OPSEU Pension Trust is appointing Peter Lindley as its president and chief executive officer, effective Sept. 16, 2019. “Peter Lindley brings deep experience in…

  • By: Staff
  • August 30, 2019 January 9, 2021
  • 07:08

Ontario Teachers’ partners with Alphabet, Sidewalk Labs to launch infrastructure holding company

Google parent company Alphabet Inc. and affiliate Sidewalk Labs are partnering with the Ontario Teachers’ Plan Plan to launch a new company that invests in…

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The Caisse returns 6.1% in first half of 2019

In the first half of 2019, the Caisse de dépôt et placement du Québec has earned an average return on depositors’ funds of 6.1 per…

  • By: Staff
  • August 6, 2019 January 9, 2021
  • 10:30
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First State Super, VicSuper merger update

For pension plans, consolidation can come with benefits. And around the world, funds are announcing they’re moving forward with plans to merge. In Canada, members…

  • By: Staff
  • July 29, 2019 January 9, 2021
  • 09:25

FSRA to appoint new technical advisory committees on pension issues

The Financial Services Regulatory Authority is creating three new technical advisory committees, which will provide advice and feedback to the regulator on pension sector related…

  • By: Staff
  • July 23, 2019 January 9, 2021
  • 10:12
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The Caisse highlights growing concern about SNC-Lavalin

SNC-Lavalin Group Inc. is slashing its profit forecast for the third time this year as the company’s new chief executive officer veers away from construction…

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Canadian DB plans maintain solvency in Q2

Canadian defined benefit pension plans maintained their solvency levels through the second quarter of 2019, according to Mercer’s latest pension health index. The index, which…

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Ontario Teachers’ climate change report outlines low carbon economy transition framework

The Ontario Teachers’ Pension Plan has released its first climate change report. Written following the recommendations of the Financial Stability Board’s task force on climate-related…

  • By: Staff
  • July 3, 2019 January 9, 2021
  • 09:56

Former Ontario Teachers’ directors’ new private equity firm invests in dentist platform

Private equity firm Peloton Capital Management has made its inaugural investment of $75 million in 123Dentist, the largest majority Canadian-owned network of dental practices. Peloton,…

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Taking a calculated approach to change at the University of Victoria pension plans

The University of Victoria has two pension plans and although each plan has taken a distinct approach to managing its assets, conducting prudent analysis, considering…

Desjardins Group Pension Plan to take stake in Alberta wind project

The Desjardins Group Pension Plan is set to acquire a portion of EDF Renewables Canada Inc.’s stake in the Cypress Wind Project, pending the completion…

  • By: Staff
  • June 20, 2019 January 9, 2021
  • 09:12
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Teachers’ drops sale of its stake in Hudson’s Bay to HBC executive chairman

The Ontario Teachers’ Pension Plan has terminated an agreement to sell its 10 per cent stake in Hudson’s Bay Co. to a private entity controlled…

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Market value of trusteed pension assets declined in Q4 2018: StatsCan

The market value of Canadian trusteed pension fund assets decreased by 1.3 per cent in Q4 2018 compared to the previous quarter, landing at $1.87…

  • By: Staff
  • June 7, 2019 January 9, 2021
  • 08:30