CIR news

Latest news in Public Equities

2022 IIC coverage: Investing in a time of quantitative tightening

“I’m starting to become a glass half full person. . . . I think that at least one of the two anchors of the 60/40…

2022 IIC coverage: A Canadian view of the Arizona State Retirement System

Few people have as clear a perspective on the differences between public sector defined benefit pension plans in Canada and the U.S. as Paul Matson.…

Report finds Canadian DB pension plan assets declined 3.1% in December

The average Canadian defined benefit pension plan lost ground on a solvency and accountancy basis in December, according to LifeWorks Inc.’s latest monthly report. At…

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

DB plan sponsors urged to reconsider asset allocations amid interest rate uncertainty: expert

The uncertainty about the direction interest rates will move in 2023 means defined benefit pension plan sponsors should be reconsidering their asset allocation strategies, says…

Ontario Teachers’ backing auto insurance merger, pension plans leap on new BMO equity

The Ontario Teachers’ Pension Plan is providing an equity injection to help finance the acquisition of an automotive financing and insurance company. APCO Holdings, in…

  • By: Staff
  • January 3, 2023 January 3, 2023
  • 13:45
Copyright_singkham_123RF

Use of custom TDFs increasing among U.S. DC pension plans: report

U.S. defined contribution pension plan sponsors are increasingly offering custom target-date funds, according to a new report by the Defined Contribution Institutional Investment Association. The…

  • By: Staff
  • January 3, 2023 January 3, 2023
  • 09:00

Global institutional investors facing headwinds from strong U.S. dollar, war in Ukraine

The strength of the U.S. dollar and the ongoing war in Europe will hamper North American and other global institutional investors in 2023, though some…

  • By: Staff
  • December 22, 2022 December 22, 2022
  • 12:00

CPPIB investing in energy service provider, BCI backing aerospace acquisition

The Canada Pension Plan Investment Board is joining a funding round for an energy network service provider. The investment organization is investing about US$200 million…

  • By: Staff
  • December 20, 2022 December 20, 2022
  • 12:30

Coverage of the 2022 Defined Benefit Investment Forum

If there was one message for defined benefit pension plan sponsor delegates at the 2022 Defined Benefit Investment Forum, it was that the fate of…

  • By: Staff
  • December 19, 2022 December 16, 2022
  • 08:01

Ontario Teachers’ appointing Romeo Leemrijse as executive managing director, equities

The Ontario Teachers’ Pension Plan is appointing Romeo Leemrijse as executive managing director of equities, effective Jan. 1, 2023. In the role, he’ll be responsible…

  • By: Staff
  • December 16, 2022 December 16, 2022
  • 09:00
Copyright_marcbruxelle_123RF

Super-priority pension bill may hasten DB plan closures: expert

A bill currently under consideration by Canada’s senate could hasten the closure of open defined benefit plans, according to Gavin Benjamin, a partner in LifeWorks…

  • By: Staff
  • December 15, 2022 December 15, 2022
  • 13:15

Canadians’ pension wealth increased to $4.9 trillion in 2021: report

Canadians’ total pension wealth increased by 7.9 per cent in 2021 to reach nearly $4.9 trillion by the end of year, according to a new…

  • By: Staff
  • December 15, 2022 December 14, 2022
  • 09:00
Copyright_rambleon_123RF

Super-priority bill a major concern for DB plan sponsors: report

A bill intended to provide defined benefit pension plan members with super-priority should be a major concern for Canadian DB plan sponsors, according to LifeWorks…

  • By: Staff
  • December 13, 2022 December 13, 2022
  • 12:45

Prospect of global economic slowdown tops list of institutional investor concerns: survey

The possibility of a global economic slowdown is of greater concern to global institutional investors than rising inflation, according to a new survey from the…

  • By: Staff
  • December 8, 2022 December 7, 2022
  • 12:00
Copyright_ducdao_123RF

$13.5BN HSBC Canada Bank acquisition a win for pension plans, says RBC CEO

A deal for the Royal Bank of Canada to absorb HSBC Bank Canada for $13.5 billion is good news for pension plans, said Dave McKay,…

115393398-123rf

Expert panel: China’s ESG mask slips

Reports that a leading asset manager is delaying the launch of a Chinese bond fund indefinitely are a clear sign that the facade around Chinese…

Canadian pension plans named as passive beneficiaries of China’s crimes against humanity: report

Nine Canadian public sector pension plans are passively invested in companies with evidenced involvement in the persecution of Uyghurs in China, according to a new…

  • By: Staff
  • November 22, 2022 November 23, 2022
  • 12:00
17401734-123RF

BoC efforts to cool inflation attracting long-term institutional investors: expert

Despite concerns about global economic headwinds, the Bank of Canada’s successful efforts to curb inflation is capturing the attention of institutional investors, says Kathrin Forrest,…

CPPIB generated 0.2% returns in fiscal Q2 despite global market declines

The Canada Pension Plan Investment Board’s assets returned 0.2 per cent during the second quarter of fiscal 2023, according to its latest quarterly report. By…

  • By: Staff
  • November 15, 2022 February 10, 2023
  • 13:00

Ontario Teachers’ facing losses from crypto exchange collapse, Caisse financing Quebec EV manufacturer

The Ontario Teachers’ Pension Plan is facing losses from an investment in a cryptocurrency exchange that filed for bankruptcy on Nov. 11. The pension fund invested…

  • By: Staff
  • November 14, 2022 November 15, 2022
  • 12:30
Copyright_Tinnakorn Jorruang_123RF

PSP Investments lays out details of responsible investment strategy

The Public Sector Pension Investment Board is revealing details about its responsible investment strategy in a new report. PSP Investment’s responsible investment report highlights its…

  • By: Staff
  • November 14, 2022 November 15, 2022
  • 09:00

Canadian DB pension plan solvency rose 3.1% in October: report

Canada’s defined benefit pension plans improved on both a solvency basis and an accounting basis in October, according to a new report by LifeWorks Inc.…

  • By: Staff
  • November 8, 2022 November 8, 2022
  • 12:00

Survey finds number of global indexes increased 4.43% in 2022, led by ESG indexes

The number of global indexes increased 4.43 per cent this year, led by environmental, social and governance indexes, which grew to new records, according to…

  • By: Staff
  • November 3, 2022 November 3, 2022
  • 12:00

Canadian DB pensions return median 0.27% in Q3 amid challenging economic environment: report

Canadian defined benefit pension plans saw a median return of 0.27 per cent for the third quarter of 2022 amid a challenging economic environment, according…

  • By: Staff
  • November 3, 2022 November 3, 2022
  • 12:00