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Latest news in Public Equities

Ontario Teachers’ acquires P.E.I. mussel farm

Ontario Teachers’ acquires P.E.I. mussel farm

The Ontario Teachers’ Pension Plan is acquiring a North American aquaculture farm from Encore Consumer Capital. Atlantic Aqua Farms, headquartered in Orwell Cove, P.E.I., is the largest…

  • By: Staff
  • November 17, 2017 September 13, 2019
  • 10:15
OMERS to purchase majority stake in scientific measurement company

OMERS to purchase majority stake in scientific measurement company

The private equity investment arm of the Ontario Municipal Employees Retirement System has entered into an agreement with private equity company Ardian to acquire a…

  • By: Staff
  • November 14, 2017 September 13, 2019
  • 10:37
CPP fund delivers ‘modest return’ of 2.5% in second quarter

CPP fund delivers ‘modest return’ of 2.5% in second quarter

The Canada Pension Plan fund returned 2.5 per cent after all costs during the second quarter of fiscal 2018. It ended the second quarter with net assets of…

  • By: Staff
  • November 10, 2017 September 13, 2019
  • 10:22
OPTrust to divest from tobacco industry in 2018

OPTrust to divest from tobacco industry in 2018

The OPSEU Pension Trust is divesting from all equity and fixed-income investments in public companies that derive a majority of their revenue from the production or…

  • By: Staff
  • November 9, 2017 September 13, 2019
  • 09:24
Oil price rebound helps DB plans achieve sixth straight quarter of growth

Oil price rebound helps DB plans achieve sixth straight quarter of growth

Buoyed by rebounding Canadian equity returns, Canadian defined benefit pension plans posted returns of 0.4 per cent in the third quarter of 2017, marking the…

  • By: Staff
  • November 9, 2017 September 13, 2019
  • 08:15
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DB pension solvency reaches highest level in 15 years: Aon Hewitt

The median solvency ratio for Canadian defined benefit plans rose to 100.7 per cent in October as equity markets continued to rally, according to Aon Hewitt’s monthly…

  • By: Staff
  • November 6, 2017 January 20, 2021
  • 14:36
OMERS’ infrastructure arm ups stake in British utilities company

OMERS’ infrastructure arm ups stake in British utilities company

The infrastructure arm of the Ontario Municipal Employees Retirement System is increasing its investment in Britain’s largest water company. OMERS Infrastructure is purchasing an additional 4.36 per cent…

  • By: Staff
  • November 6, 2017 September 13, 2019
  • 10:15
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DB plans see boost from Canadian equities amid modest performance in third quarter

Canadian defined benefit pension plans experienced a modest third quarter, according to separate reports by BNY Mellon Asset Management Canada Ltd. and Northern Trust Corp.…

  • By: Staff
  • November 2, 2017 January 20, 2021
  • 08:45
Caisse commits $50M loan to U.S. residential solar power company

Caisse commits $50M loan to U.S. residential solar power company

The Caisse de dépôt et placement du Québec is committing a $50-million loan to a group of solar energy systems set up by California-based Sunrun Inc. The loan…

  • By: Staff
  • November 1, 2017 September 13, 2019
  • 15:00
Caisse loans $150M to Quebec renewable energy company

Caisse loans $150M to Quebec renewable energy company

The Caisse de dépôt et placement du Québec is loaning $150 million to Innergex Renewable Energy Inc., a Quebec-based renewable energy company. Among Innergex’s ventures are hydroelectric power plants,…

  • By: Staff
  • October 31, 2017 September 13, 2019
  • 15:30
bcIMC part of group proposing takeover of beverage company

bcIMC part of group proposing takeover of beverage company

The British Columbia Investment Management Corp. and French private equity group PAI Partners have agreed to a cash public offer of all shares of Refresco Group…

  • By: Staff
  • October 26, 2017 September 13, 2019
  • 08:30
Sounding Board: Is low volatility a harbinger of doom or business as usual?

Sounding Board: Is low volatility a harbinger of doom or business as usual?

At an index level, equity volatility in developed markets has reached record lows in 2017. In the U.S. options market, the Chicago Board Options Exchange volatility…

  • By: Arne Staal
  • October 24, 2017 September 13, 2019
  • 08:40
Time to rethink the 4% retirement withdrawal rate?

Time to rethink the 4% retirement withdrawal rate?

For those who use the standard four per cent withdrawal rate for retirement savings, it’s time to reconsider the approach. “The four per cent withdrawal rate has…

Caisse invests in point-of-sale software company

Caisse invests in point-of-sale software company

Caisse de dépôt et placement du Québec is investing in Montreal-based Lightspeed POS Inc., a point-of-sale and e-commerce software solution for independent retailers and restaurateurs.…

  • By: Staff
  • October 18, 2017 September 13, 2019
  • 08:45
Fossil fuel-free fund challenges perceptions about divestment with 16% annualized return

Fossil fuel-free fund challenges perceptions about divestment with 16% annualized return

Carbon divestment doesn’t have to mean sacrificing investment returns, a Canadian asset manager is arguing.  On Monday, Genus Capital Management Inc. released a report on…

  • By: Staff
  • October 16, 2017 September 13, 2019
  • 17:58
CPPIB makes moves in global data centres, U.S. real estate

CPPIB makes moves in global data centres, U.S. real estate

The Canada Pension Plan Investment Board and partners are investing US$350 million in the Alpha Data Centre Fund, which aims to develop a portfolio of new and…

  • By: Staff
  • October 13, 2017 September 13, 2019
  • 16:15
Caisse to buy stake in Quebec convenience store chain

Caisse to buy stake in Quebec convenience store chain

Caisse de dépôt et placement du Québec is purchasing 11,369,599 Class A shares of Alimentation Couche-Tard Inc. from Metro Inc. Couche-Tard owns and operates nearly 9,500…

  • By: Staff
  • October 12, 2017 September 13, 2019
  • 17:11
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Letter to pension plans: Why your fund should be free of tobacco investments

Would you invest in companies whose product kills seven million people every year, costs society $2 trillion annually in medical expenses, uses child labour in…

Ontario Teachers’, PSP Investments to acquire German ceramic manufacturer

Ontario Teachers’, PSP Investments to acquire German ceramic manufacturer

A consortium of funds that includes the Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board has reached an agreement to acquire CeramTec…

  • By: Staff
  • October 11, 2017 September 13, 2019
  • 09:00
Caisse invests in Quebec payment processing company

Caisse invests in Quebec payment processing company

Caisse de dépôt et placement du Québec and Canadian private equity firm Novacap are investing in a Quebec-based payment processing and merchant services provider. With…

  • By: Staff
  • September 27, 2017 September 13, 2019
  • 08:15
AIMCo invests in Calgary-based oilfield services company

AIMCo invests in Calgary-based oilfield services company

The Alberta Investment Management Corp. is investing in oilfield services company Western Energy Services Corp. with a $215-million financing deal. According to the agreement, the…

  • By: Staff
  • September 22, 2017 September 13, 2019
  • 10:01
Caisse to rebalance portfolio, sell part of Quebec IT company

Caisse to rebalance portfolio, sell part of Quebec IT company

The Caisse de dépôt et placement du Québec and CGI Group Inc. are entering into an agreement that allows the Montreal-based information technology consulting company…

  • By: Staff
  • September 15, 2017 September 13, 2019
  • 08:30
Political instability, muted equity market affect Canadian pension solvency in August

Political instability, muted equity market affect Canadian pension solvency in August

The median solvency ratio of Canadian defined benefit pension plans declined to 96.5 per cent in August, amid rising global political instability and subdued equity…

  • By: Staff
  • September 7, 2017 September 13, 2019
  • 16:00
Caisse invests $141M in dental care software maker

Caisse invests $141M in dental care software maker

The Caisse de dépôt et placement du Québec is supplying $141 million in loans to Carestream Dental, a division of Carestream Health. The company develops,…

  • By: Staff
  • September 5, 2017 September 13, 2019
  • 14:30
2017 Global Investment Conference: When the mispricing is right

2017 Global Investment Conference: When the mispricing is right

It can be difficult to find real alpha opportunities, which are based on consistently harvestable mispricings rather than a manager’s hard-to-replicate intuition. Certainly, the pages…