CIR news

Latest news in Emerging & global markets

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…

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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
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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
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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
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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
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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
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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
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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…

OMERS reinvesting in U.K. mental health-care provider, Ontario Teachers’ securing minority stake in mining company

The Ontario Municipal Employees’ Retirement System is reinvesting in a U.K.-based online mental health-care company. The OMERS participated in a funding round that raised £20…

  • By: Staff
  • March 16, 2023 March 16, 2023
  • 12:30

HOOPP completing sale of pet food company, AIMCo considering geographic diversification

The Healthcare of Ontario Pension Plan and Bedford Capital are finalizing a deal to sell Edmonton-based Champion Petfoods to Ontario-based Mars Petcare Inc. Best known…

  • By: Staff
  • March 9, 2023 March 9, 2023
  • 12:30

Demand for international pension, savings plans on the rise: survey

Demand for international pensions and savings vehicles is continuing to grow as employers try to optimize their benefits packages for different groups within their global…

  • By: Staff
  • March 9, 2023 March 7, 2023
  • 09:00

BCI promotes Jennifer Coulson to global head of ESG, Ontario Teachers’ appoints Jeppe Gregersen as global head of private credit

The British Columbia Investment Management Corp. is appointing Jennifer Coulson as its first global head of environmental, social and governance. In the new position, she’ll…

  • By: Staff
  • March 2, 2023 March 2, 2023
  • 12:00

CPPIB appointing Maximilian Biagosch as senior managing director, global head of real assets

The Canada Pension Plan Investment Board is appointing Maximilian Biagosch as senior managing director and global head of real assets. Biagosch joined the CPPIB in…

  • By: Staff
  • February 23, 2023 February 22, 2023
  • 12:00
ESG influencing company strategy, increasing oil market vulnerability: reports

Pension plans among shareholders suing Shell board over climate strategy

Several European pension plans are backing a lawsuit against Shell Corp. alleging its board is mismanaging climate risk and breaching company law. The lawsuit, launched…

  • By: Staff
  • February 14, 2023 February 13, 2023
  • 11:30
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CPPIB invests in Indian real estate fund, BCI-owned utility company completes acquisition

The Canada Pension Plan Investment Board is investing US$205 million as an anchor investor in IndoSpace’s new real estate fund in India. The investment marks…

  • By: Staff
  • February 2, 2023 February 2, 2023
  • 12:00

Institutional investors considering geopolitical risk, inflation in portfolio construction

In the wake of Russia’s invasion of Ukraine, institutional investors are increasingly factoring geopolitical risks into portfolio construction, according to John Bai, senior vice-president and…

  • By: Sadie Janes
  • January 27, 2023 February 1, 2023
  • 09:00