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Latest news in DB

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OMERS launches venture fund, Ontario Teachers’ and CPPIB take stake in U.K. telecom

OMERS Ventures, the venture capital investment arm of the Ontario Municipal Employees Retirement System, is expanding into Europe with the launch of a 300 million…

  • By: Staff
  • March 25, 2019 January 12, 2021
  • 15:00
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PIAC suggests changes to IOPS draft guidelines on ESG for pension investors

In response to the International Organization of Pension Supervisors’ request for comments on developing guidance for pension funds around environmental, social and governance issues, the Pension…

  • By: Staff
  • March 21, 2019 January 12, 2021
  • 07:50
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OPTrust stays ahead of the curve on artificial intelligence

At a time when making money in the markets is increasingly difficult, technology can provide an edge, says James Davis, chief investment officer at the…

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Caisse ups AI financing, CPPIB takes stake in U.S. natural gas

The Caisse de dépôt et placement du Québec has created a fund worth $250 million dedicated to artificial intelligence and Quebec businesses with a proven track record…

  • By: Staff
  • March 19, 2019 January 12, 2021
  • 15:40
Trading

PIAC shares recommendations with CAPSA on leverage policy work

The Pension Investment Association of Canada responded positively to a recent update from the Canadian Association of Pension Supervisory Authorities’ leverage working group. The PIAC agreed with…

  • By: Staff
  • March 18, 2019 January 12, 2021
  • 09:00
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Market value of trusteed pension plans down in Q3 2018: StatsCan

Assets held by Canadian trusteed pension funds slumped in market value by 0.7 per cent during the third quarter of 2018, falling to just under…

  • By: Staff
  • March 15, 2019 January 12, 2021
  • 07:50
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HOOPP returns 2.2% in 2018

While 2018 was challenging for investors, the year ended on a positive note for the Healthcare of Ontario Pension Plan, with its assets growing to…

  • By: Staff
  • March 14, 2019 January 10, 2021
  • 09:06
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PSP takes further stake in London student housing

As part of an ongoing joint venture, the Public Sector Pension Investment Board is purchasing a purpose-built student accommodation in London, England. Together with Greystar Real…

  • By: Staff
  • March 13, 2019 January 10, 2021
  • 08:30
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BCI and partners creating Canadian real estate fund

The British Columbia Investment Management Corp. is teaming up with RBC Global Asset Management Inc. and QuadReal Property Group on a project involving $7 billion worth of…

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BCI and partners creating Canadian real estate fund

The British Columbia Investment Management Corp. is teaming up with RBC Global Asset Management Inc. and QuadReal Property Group on a project involving $7 billion worth of…

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HOOPP posts 2.2% return for 2018

The Healthcare of Ontario Pension Plan grew its assets to $79 billion in 2018, up from $77.8 billion at the end of 2017. However, the plan’s funded…

  • By: Staff
  • March 11, 2019 January 10, 2021
  • 15:30
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Caisse financing Chinese institutional apartment operator

The Caisse de dépôt et placement du Québec has led a series D financing totalling US$150 million for Mofang Apartments, an institutional rental company based…

  • By: Staff
  • March 11, 2019 January 12, 2021
  • 15:00
What options are available for de-risking DB pension plans?

CAAT funding status reaches 120%

The Colleges of Applied Arts and Technology pension plan has reached a going-concern funding status of 120 per cent as of Jan. 1, 2019, up…

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OPTrust ups its holdings in Ontario green bonds

The OPSEU Pension Trust is making an additional purchase of $100 million in Ontario government green bonds, bringing its allocation in the asset to about…

  • By: Staff
  • March 7, 2019 January 12, 2021
  • 15:30
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IMCO appoints CPPIB vet as new head of public equity, credit

The Investment Management Corp. of Ontario is appointing Christian Hensley as the new senior managing director of public equities and credit, effective April 9, 2019. His previous experience…

  • By: Staff
  • March 6, 2019 January 12, 2021
  • 14:45
Trading

CAPSA update on use of leverage in pension plans

The Canadian Association of Pension Supervisory Authorities has released an update on pension plans using leverage. “What makes it of particular interest to pension regulators…

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Caisse to invest in Indian financial services company

The Caisse de dépôt et placement du Québec is investing about US$250 million in ECL Finance Ltd., the non-banking arm of Edelweiss Financial Services. The investment…

  • By: Staff
  • March 5, 2019 January 12, 2021
  • 15:30

Ontario’s new DB funding rules should base PfAD on plan’s asset mix: ACPM

In Ontario’s new defined benefit plan funding rules, the provisions for adverse deviation should be based on the plan’s asset mix, and a riskier asset…

  • By: Staff
  • March 4, 2019 January 10, 2021
  • 15:34
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Caisse selling U.S. optometry management services company

The Caisse de dépôt et placement du Québec, along with Altas Partners, is selling Capital Vision Services. West Street Capital Partners VII, a fund managed by Goldman…

  • By: Staff
  • March 4, 2019 January 12, 2021
  • 15:15

Alberta’s Local Authorities Pension Plan gains independence

On March 1, 2019, Alberta’s Local Authorities Pension Plan gained independence from the government by becoming a jointly sponsored pension plan. “The history of LAPP…

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OPTrust partners to buy Toronto real estate, OTPP takes stake in vehicle tech company

The OPSEU Pension Trust is partnering with several investment firms to buy three buildings in the downtown Toronto financial district. The properties are anchored to…

  • By: Staff
  • March 4, 2019 January 12, 2021
  • 08:00
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Navistar Canada buys group annuity contracts

In a move protecting its defined benefit pension promise for the long haul, commercial vehicle manufacturer Navistar Canada is purchasing more than $300 million in group…

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University staff, founders’ members vote in favour of new university pension plan

Staff at Queen’s University, the University of Guelph, the University of Toronto and members of the United Steelworkers union have voted in favour of setting…

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OMERS posts 2.3% return for 2018

The Ontario Municipal Employees Retirement System posted a 2.3 per cent return for 2018, pulling in $2.2 billion. In 2017, the fund saw a return…

  • By: Staff
  • February 26, 2019 January 12, 2021
  • 07:52
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OMERS investing in Indian toll-road concessions

The Ontario Municipal Employees Retirement System’s infrastructure arm is taking on a 22 per cent stake in IndInfravit Trust, an Indian-based infrastructure conglomerate, for $160 million. IndInfravit,…

  • By: Staff
  • February 22, 2019 January 12, 2021
  • 15:45