CIR news

Latest news in Emerging & global markets

Mina Krishnan

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: The investment case for the new China

While China’s presence on emerging market indexes may be shrinking, the case for investing in it remains compelling, said Vivian Lin Thurston, a partner and…

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…

AIMCo appointing Kevin Bong as chief investment strategist, head of Singapore

The Alberta Investment Management Corp. is appointing Kevin Bong as chief investment strategist and head of Singapore, effective Aug. 14. In the new role, he’ll…

  • By: Staff
  • May 31, 2023 May 31, 2023
  • 15:00

IMCO energy storage business secures U.K. credit facility, Caisse’s Indian warehouse network receives solar upgrade

A renewable energy company owned by the Investment Management Corp. of Ontario is securing a £175 million credit facility. Pulse Clean Energy, which was formerly…

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

BCI investing in financial services provider, building Brisbane apartment complex

The British Columbia Investment Management Corp. is acquiring a minority stake in a corporate consultant and fund administration provider. Zedra, which provides wealth, governance and…

  • By: Staff
  • May 25, 2023 May 25, 2023
  • 12:30

CPPIB returns 1.3% in fiscal 2023, bracing for headwinds ahead

The Canada Pension Plan Investment Board is bracing for headwinds in the event of a recession, but says a wide range of investments makes it well-positioned for…

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.…

2023 DC Plan Summit: Exploring secular trends and the impacts on retirement outcomes

Factors such as population demographics, productivity and geopolitics impact economic growth and, by extension, the retirement outcomes of defined contribution pension plan members over longer-term…

115393398-123rf

Parliamentary subcommittee investigating Canadian public sector pension allocations to China

Representatives from six of Canada’s largest public sector pension investment organizations addressed a special parliamentary committee on Monday. The special committee on the Canada–People’s Republic…

  • By: Staff
  • May 11, 2023 March 28, 2024
  • 12:30

Canadian DB pension plans see median return of 4.23% in Q1 2023: report

Canadian defined benefit pension plans generated a median return of 4.23 per cent for the first quarter of 2023, according to the BNY Mellon Canadian…

  • By: Staff
  • May 9, 2023 May 8, 2023
  • 09:00
Copyright_jovannig_123RF

Canadian DB pension plans generated strong returns in Q1: report

The median Canadian defined benefit pension plan’s investments returned 4.2 per cent during the first quarter of 2022, according to a new report by Northern Trust…

  • By: Staff
  • May 4, 2023 May 4, 2023
  • 09:00
Copyright_ jewhyte_123RF

BCI calling for increased climate disclosure at Imperial Oil, Caisse pre-leasing Chilean mixed-use development

The British Columbia Investment Management Corp. is filing a shareholder proposal calling for Imperial Oil Ltd. to disclose more information about its climate risks. The…

  • By: Staff
  • May 2, 2023 May 2, 2023
  • 12:30
Copyright_marchmeena_123RF

Canadian DB pension plans see median return of 4% in Q1 2023: report

Canadian defined benefit pension plans generated a median return of four per cent in the first quarter of 2023, up from 3.8 per cent in…

  • By: Staff
  • May 1, 2023 April 28, 2023
  • 09:00

CPPIB backing efforts to divide investee mining company, OMERS-owned building leasing Sydney office space

The Canada Pension Plan Investment Board is supporting an effort to spin off the steel-making side of an investee mining company despite previously saying it…

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

Ontario Teachers’ to manage Asian public equities investments in Toronto

The Ontario Teachers’ Pension Plan’s Asian public equity portfolios will be managed by a high conviction equities group based in Toronto. “In considering the optimal…

CAAT remains 124% funded despite 2022 investment losses: annual report

The College of Arts and Technology pension plan’s assets dropped 2.3 per cent while its funded ratio on a going-concern basis remained at 124 per…

  • By: Staff
  • April 20, 2023 April 20, 2023
  • 12:00

IMF lowering growth, raising inflation expectations for 2023

The International Monetary Fund is altering its expectations for global economic growth and inflation in 2023. During a recent press conference, the United Nation’s financial agency…

OMERS appointing Ashish Goyal executive VP, head of Asia-Pacific

The Ontario Municipal Employees’ Retirement System is appointing Ashish Goyal as executive vice-president and head of Asia-Pacific. In the new role, he’ll oversee investments across…

  • By: Staff
  • April 4, 2023 April 4, 2023
  • 12:30
Copyright_marcbruxelle_123RF

What’s in the federal budget for DB pension plans, institutional investors?

The 2023 federal budget, which was announced on Tuesday, includes several initiatives related to defined benefit pension plans and the broader institutional investment sector. The…

  • By: Staff
  • March 30, 2023 March 30, 2023
  • 12:00
Caisse investing in Taiwan wind farm, CPPIB in Indonesian logistics venture

CPPIB-backed green energy service provider launching in Brazil

The Canada Pension Plan Investment Board is entering a joint venture focused on providing services to support Brazil’s transition away from fossil fuel reliance. Alongside…

  • By: Staff
  • March 28, 2023 March 28, 2023
  • 12:30
84897190-123rf

CPPIB sells stake in French home care company; Ontario court gives retailer protection to Caisse, OMERS, OTPP as Nordstrom leaves Canada

The Canada Pension Plan Investment Board is selling its stake in a scandal-ridden French home care company for €26.1 million — 6.18 per cent of the…

  • By: Staff
  • March 21, 2023 March 21, 2023
  • 12:30
Copyright_jakkapan_123RF

Trusteed pension funds’ assets valued $2.1T in Q3: StatsCan

The market value of assets held by Canadian trusteed pension funds rose 2.3 per cent in the third quarter of 2022, hovering around $2.1 trillion, according…

  • By: Staff
  • March 21, 2023 March 21, 2023
  • 09:00

A look at China’s private pension pilot project

Traditionally, Chinese workers have relied on two pillars of income in retirement — the basic state pension and employer-sponsored plans open to employees in certain…