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CPPIB sells $2BN worth of fund interests, Caisse invests in Quebec media company

The Canada Pension Plan Investment Board is selling a portfolio of fund interests in 20 limited partnership buyout funds in a deal worth $2 billion.…

  • By: Staff
  • November 14, 2023 November 14, 2023
  • 11:00

Pension plans ready to invest in new Ontario Infrastructure Bank under right circumstances

The Ontario government’s new investment organization could incentivize institutional investors to take a closer look at infrastructure opportunities in the province, says Iftikhar Ahmed, a…

Survey finds 75% of global asset managers have an ESG policy

Environmental, social and governance considerations have gained traction in recent years with nearly 75 per cent of global asset managers saying they have an ESG…

  • By: Staff
  • November 13, 2023 November 13, 2023
  • 15:00
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CPPIB returns 0.1% in Q2 2024, led by credit, private equity

The Canada Pension Plan Investment Board returned 0.1 per cent during the second quarter of fiscal 2024, according to its latest quarterly report. By Sept.…

  • By: Staff
  • November 13, 2023 November 13, 2023
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

An article on Fidelity Canada’s win in the Future of work strategy category at Benefits Canada‘s 2023 Workplace Benefits Awards was the most-read story on BenefitsCanada.com over the…

  • By: Staff
  • November 10, 2023 November 9, 2023
  • 09:00
SSQ Insurance, la Capitale rebranding as Beneva

OMERS invests $546.8M in sports conglomerate, CPPIB sells stake in German wind farm assets

The Ontario Municipal Employees’ Retirement System is acquiring an indirect five per cent stake in Maple Leaf Sports & Entertainment Ltd. The shares are part of…

  • By: Staff
  • November 9, 2023 November 9, 2023
  • 11:00
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Vestcor reduced carbon exposure in investment portfolios in 2022

Vestcor Inc. reduced the carbon exposure to several of its portfolios throughout 2022, according to its annual responsible investing report. The New Brunswick-based investment organization…

  • By: Staff
  • November 9, 2023 November 9, 2023
  • 11:00

OSFI’s draft pension cybersecurity standard may lead to duplication, increased risk: ACPM

The Office of the Superintendent of Financial Institutions’ proposed cybersecurity incident reporting standard could unintentionally lead to duplication and increased risk if it doesn’t reflect differences in…

  • By: Staff
  • November 9, 2023 November 9, 2023
  • 09:00

PIAC urging feds to open consultation on cessation of real return bonds

The Pension Investment Association of Canada is urging the federal government to open a comprehensive consultation regarding the cessation of real return bonds. In an open…

  • By: Staff
  • November 8, 2023 November 7, 2023
  • 09:00

Canadian DB pension plans return -1.99% in third quarter of 2023: report

Canadian defined benefit pension plans generated a median return of negative 1.99 per cent in the third quarter of 2023, according to the BNY Mellon…

  • By: Staff
  • November 7, 2023 November 7, 2023
  • 09:00

Alberta would need to negotiate international agreements if it quits CPP: Freeland

Federal Finance Minister Chrystia Freeland says if Alberta were to quit the Canada Pension Plan it would require a “complex and multi-year process” of negotiating…

Ontario Infrastructure Bank to leverage public sector pension investments

The Ontario government is launching an infrastructure bank that will leverage investments by public sector pension plans and other Canadian institutional investors. In its fall…

  • By: Staff
  • November 3, 2023 November 2, 2023
  • 09:00
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Caisse acquiring Brazilian power company, BCI closing $1.25BN bond issuance

The Caisse de dépôt et placement du Québec is acquiring Brazil-based power transmission network company Integração Transmissora de Energia in a deal worth $108.5 million.…

  • By: Staff
  • November 2, 2023 November 1, 2023
  • 11:00

World’s 500 largest asset managers’ AUM down 13.7% in 2022: report

The value of the total assets under management for the world’s 500 largest asset managers reached US$113.7 trillion as of Dec. 31, 2022, down 13.7…

  • By: Staff
  • November 2, 2023 November 1, 2023
  • 11:00
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Average Canadian DB pension plan returns -4% in Q3 2023: reports

The average Canadian defined benefit pension plan returned negative four per cent in the third quarter of 2023, according to two new reports. The RBC…

  • By: Staff
  • November 2, 2023 November 1, 2023
  • 09:00

Institutional investors’ class action lawsuits aim to affect corporate governance changes

While many institutional investors participate in class action lawsuits against investee companies to recover assets lost due to malfeasance, others do so to be activists,…

  • By: Joe Hornyak
  • October 31, 2023 October 30, 2023
  • 11:00

Ontario’s guidance for target-benefit MEPPs undermines incentives for plan sponsors: ACPM

The Ontario Ministry of Finance’s proposed guidance for multi-employer target-benefit pension plans undermines incentives for employers to contribute towards their employees’ retirement savings, including cost certainty,…

  • By: Staff
  • October 30, 2023 November 2, 2023
  • 09:00

Finance ministers to meet on Alberta’s proposal to leave Canada Pension Plan

Finance Minister Chrystia Freeland has agreed to convene a meeting with provincial and territorial finance ministers to discuss Alberta’s proposal to withdraw from the Canada…

How Texas’ Teacher Retirement System is incorporating AI into pension governance

While artificial intelligence represents a new cornerstone for institutional investors’ operational tasks, corporate governance will be essential to ensure the risks are properly managed, according…

Caisse pledging to allocate up to $8BN to Quebec managers by 2028

The Caisse de dépôt et placement du Québec is aiming to more than double the size of the assets it entrusts to Quebec external managers to…

  • By: Staff
  • October 26, 2023 October 25, 2023
  • 11:00

Market share of responsible investing AUM increases to 49% in 2023: report

The market share of responsible investment assets under management rose slightly in 2022, from 47 per cent to 49 per cent, even as AUM in…

  • By: Staff
  • October 26, 2023 October 25, 2023
  • 09:00
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Bank of Canada holds key interest rate at 5%, keeps door open to more rate hikes

The Bank of Canada held its key interest rate steady at five per cent, but hasn’t ruled out future rate hikes as price pressures remain…

IMCO joining network of employee ownership coalition

The Investment Management Corp. of Ontario is joining Ownership Works, a non-profit organization dedicated to implementing broad-based employee ownership programs, as a founding investor partner.…

  • By: Staff
  • October 24, 2023 October 24, 2023
  • 11:00
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CPPIB reports $79BN exposure to green and transition assets

The Canada Pension Plan Investment Board says it will meet its goal of holding $130 billion in green and transition assets by 2030, according to…

  • By: Staff
  • October 24, 2023 October 23, 2023
  • 09:00
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Survey finds 32% of U.S. institutional investors increasing allocations to private assets

Nearly a third (32 per cent) of U.S. institutional investors say they plan to increase their private asset allocations over the next two years, primarily…

  • By: Staff
  • October 23, 2023 October 19, 2023
  • 09:00