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Latest news in DB

Peer recognition big part of entering Workplace Benefits Awards, says 2018 winner

Peer recognition big part of entering Workplace Benefits Awards, says 2018 winner

Getting a sense of what industry peers are doing and what they think of the plan’s work was an important reason why the College of Applied…

CPPIB challenged to divest from Chinese firms tied to abuses against Uyghurs

The Canada Pension Plan Investment Board is facing pressure to divest from companies allegedly tied to human rights abuses in China. “I have constituents of…

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IMCO appoints Patrick De Roy senior managing director

The Investment Management Corp. of Ontario is appointing Patrick De Roy to the newly created role of senior managing director of total portfolio and capital…

  • By: Staff
  • May 30, 2019 January 10, 2021
  • 15:15

Ontario Teachers’ appoints six new managing directors

The Ontario Teachers’ Pension Plan is appointing six new managing directors in its investment division. Maggie Fanari has been promoted to managing director of the teachers’ innovation platform…

  • By: Staff
  • May 30, 2019 January 10, 2021
  • 15:00
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North America still dominating Canadian DB plan alternative allocations

Since standard banks began to shy away from their traditional financing role after the 2008 financial crisis, institutional investors have helped maintain markets by becoming…

AIMCo investing in Alberta pipeline, Caisse taking on shares in mining company

The Alberta Investment Management Corp. is buying an 85 per cent equity stake in the Northern Courier pipeline from TC Energy, formerly known as TransCanada…

  • By: Staff
  • May 29, 2019 January 10, 2021
  • 15:15

Morningstar to buy Canadian debt-rating agency

Morningstar Inc. has signed a deal to buy Canadian debt-rating agency DBRS for US$669 million. The U.S. company says the combination of DBRS with Morningstar…

Caisse to supply Medavie with $75M to further strategic objectives

La Caisse de dépôt et placement du Québec is contributing $75 million in the form of a subordinated private debt to Medavie Inc. Medavie operates Medavie Blue…

  • By: Staff
  • May 23, 2019 January 10, 2021
  • 10:01

U of T Asset Management’s pension portfolio returns negative 1.6% in 2018

In a challenging year for global equity markets, with fixed income returns below average, the University of Toronto Asset Management Corp.’s pension portfolio returned a…

  • By: Staff
  • May 21, 2019 January 10, 2021
  • 15:15
Many perspectives required when covering cancer drugs on benefits plans

CPPIB invests in cancer drug royalties, food manufacturing

The Canada Pension Plan Investment Board is acquiring a US$1.3 billion stake in LifeArc’s royalty interests on worldwide sales of immunotherapy drug Keytruda through its European…

  • By: Staff
  • May 21, 2019 January 10, 2021
  • 10:00

Ontario Teachers’ sells stake in renewables firm, PSP joins Nestle subsidiary acquisition

The Ontario Teachers’ Pension Plan is selling its stake in BluEarth Renewables Inc. to DIF Infrastructure V, a European independent infrastructure fund. The Ontario Teachers’ was…

  • By: Staff
  • May 16, 2019 January 10, 2021
  • 15:01
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CPP fund reaches $392 billion at 2019 fiscal year-end

The Canada Pension Plan fund ended its fiscal year on March 31, 2019, with net assets of $392 billion, compared to $356.1 billion at the…

  • By: Staff
  • May 16, 2019 January 10, 2021
  • 09:00

Caisse invests in Chile ports, Ivanhoé Cambridge launches real estate platform

The Caisse de dépôt et placement du Québec, through its investment platform with port and terminal operator DP World, is taking on a 45 per…

  • By: Staff
  • May 15, 2019 January 20, 2021
  • 15:00
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OPTrust highlights climate change, gender diversity in report

The OPSEU Pension Trust is highlighting its responsible investing efforts in its fourth yearly report. The report’s key themes included the pension fund’s focus on better measuring…

  • By: Staff
  • May 15, 2019 January 10, 2021
  • 08:30

Mark Evans appointed director of CPPIB

The Canada Pension Plan Investment Board is appointing Mark Evans as a director for a three-year term. Evans spent 15 years with Goldman Sachs Group…

  • By: Staff
  • May 14, 2019 January 10, 2021
  • 08:18
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Caisse and partner forming solar financing platform

The Caisse de dépôt et placement du Québec and U.K.-based Lightsource BP are investing $260 million to finance a portfolio of solar assets owned and managed by Lightsource.…

  • By: Staff
  • May 13, 2019 January 10, 2021
  • 15:00
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PSP Investments selling stake in Advisor Group

The Public Sector Pension Investment Board, alongside private equity firm Lightyear Capital, is selling Advisor Group Inc. to Reverence Capital Partners. After the transaction closes in…

  • By: Staff
  • May 10, 2019 January 10, 2021
  • 15:15
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How Husky Energy included active members in its DB plan annuitization

With a defined benefit plan closed since 1991, Husky Energy Inc. was facing a dilemma. It wanted to annuitize the plan but had active members…

AIMCo posts 2.5% return for 2018

In a tough year for the returns of many pension plans, the Alberta Investment Management Corp. returned an aggregate net return of 2.5 per cent…

  • By: Staff
  • May 9, 2019 January 10, 2021
  • 09:44
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CPPIB, PSP part of group investing in new AI fund

The Canada Pension Plan Investment Board and the Public Sector Pension Investment Board are part of a group investing in a new US$350-million fund focused on…

  • By: Staff
  • May 7, 2019 January 9, 2021
  • 15:35
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Canadian DB plans post positive returns in first quarter: report

With global equities rebounding after a volatile end to 2018, Canadian defined benefit pension plans posted positive returns in the first quarter of 2019, according…

  • By: Staff
  • May 3, 2019 January 9, 2021
  • 15:15
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IMCO releases 2018 annual report, investment results to be announced by clients

After starting to manage assets for its first two clients in July 2017, the Investment Management Corp. of Ontario has released its 2018 annual report,…

  • By: Staff
  • May 3, 2019 January 9, 2021
  • 07:38
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CPPIB, PSP sell stakes in medical device company

The Canadian Pension Plan Investment Board and the Public Sector Pension Investment Board, along with Apax Partners, have agreed to sell Acelity Inc. and its…

  • By: Staff
  • May 2, 2019 January 9, 2021
  • 15:15
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Canadian DB pension returns boosted by rallying equities in Q1 2019

With global and domestic equities rallying in the first quarter of 2019, Canadian defined benefit plan returns were lifted to 7.2 per cent in the…

  • By: Staff
  • May 1, 2019 January 9, 2021
  • 15:15
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N.S. teachers’ pension plan funded status on the decline

The Nova Scotia Teachers’ pension plan posted a net loss in assets for 2018, down to $4.94 billion from $5.11 billion at the end of 2017.…

  • By: Staff
  • April 30, 2019 January 10, 2021
  • 15:30