What would a rate hike mean for institutional investors?
The Bank of Canada is set to announce a decision on the target for its overnight rate on Wednesday. Widely expected to be a 25…
- By: Martha Porado
- July 10, 2018 September 13, 2019
- 11:39
The Bank of Canada is set to announce a decision on the target for its overnight rate on Wednesday. Widely expected to be a 25…
TD Bank Group is acquiring Greystone Capital Management Inc., the parent company of Greystone Managed Investments Inc., for $792 million. The agreement, which is subject to…
CIBC Mellon has appointed former Canada Pension Plan Investment Board managing director Karen Rowe as its new chief financial officer. At the CPPIB, Rowe was…
The Nova Scotia Public Service Superannuation Plan achieved a return of 5.5 per cent, net of fees, for its 2017/18 fiscal year, according to its…
In the wake of the tragic shooting at a high school in Parkland, Fla., earlier this year that left 17 dead and sparked a renewed…
The Ontario Teachers’ Pension Plan has appointed Ziad Hindo as its new chief investment officer. Since joining Ontario Teachers’ in 2000, Hindo has been responsible for the investments…
Some 84 per cent of global institutional investors said they’re pursuing or considering pursuing the integration of environmental, social and governance factors into their investment processes, according…
The Investment Management Corp. of Ontario has appointed Jean Michel as its chief investment officer, effective July 3, 2018. In the role, Michel will head…
Russell Investments has appointed Robert Hostetter as its new global head of product. In the role, Hostetter will focus on enhancing the firm’s capabilities throughout asset…
The kingdom of Belgium has presented Ron Mock, president and chief executive officer of the Ontario Teachers’ Pension Plan, with its second-highest order of knighthood.…
Just days before Canada hosts the G7 Summit in La Malbaie, Que., a group of investors, including some of the country’s largest pension funds, has joined together with…
Schroders Investment Management Ltd. is appointing Shawn Cohen as institutional director, a role aimed at building relationships with defined contribution record keepers and third-party asset…
The Canadian Coalition for Good Governance, an organization consisting of institutional investors, has released a guide for company boards seeking to oversee environmental and social…
A large majority (91 per cent) of institutional asset owners either have some allocation to a smart beta strategy, have evaluated the concept or are…
The Public Sector Pension Investment Board’s Nathalie Bernier is Canada’s chief executive officer of the year for 2018. Financial Executives International Canada, PricewaterhouseCoopers LLP and…
With no standardized system in place for measuring company activities, it has historically been a challenge for institutional investors to assess their climate-related impact. The…
Canadian institutional investors that use exchange-traded funds allocate an average 18.8 per cent of total assets to them, according to research by Greenwich Associates. The…
Despite his death earlier this year, Ikea founder Ingvar Kamprad’s influence lives on at the international furniture behemoth. The notoriously frugal Kamprad reportedly flew economy class,…
May is the perfect time of year to address employees’ financial health, as they’ve just gone through the stress of filing their tax returns. As well, May…
More than a third (41 per cent) of Canadians rank money as their greatest stress, according to a new survey commissioned by the Financial Planning Standards…
Great-West Lifeco Inc. is reporting a 24 per cent rise in earnings for the first quarter of 2018 on the strength of solid sales results…
As part of its plan to address environmental, social and governance factors, the Caisse de dépôt et placement du Québec has released its first stewardship investing report.…
The Canada Infrastructure Bank has appointed Annie Ropar as its chief financial officer and chief administrative officer, effective June 1. In her duties as chief…
Wellington Management Co. LLP has opened its first Canadian office in downtown Toronto. On Wednesday, the Boston-based investment management firm announced the opening of its…
The Alberta Investment Management Corp. posted a 10.4 per cent return, net of all costs, at the end of 2017. In a news release on Wednesday,…