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Global pension plan sponsors’ assets reach US$63.1 trillion in 2023, offset by decrease in equities: report

While global pension plan sponsors’ assets grew by 10 per cent to reach US$63.1 trillion in 2023, this value is still five per cent lower…

  • By: Staff
  • December 4, 2024 December 3, 2024
  • 09:00

HOOPP appointing Annesley Wallace as president, CEO

The Healthcare of Ontario Pension Plan is appointing Annesley Wallace as president and chief executive officer, effective April 1, 2025. She succeeds Jeff Wendling, who…

  • By: Staff
  • December 3, 2024 December 2, 2024
  • 11:00

Institutional investors urged to examine AI integration beyond productivity: CPPIB

The Canada Pension Plan Investment Board is asking fellow institutional investors to consider the impact of artificial intelligence in investees’ labour patterns beyond a productivity…

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CPPIB investing $1 billion in Korea data centres, Ontario Teachers’ buys Paris-based logistics portfolio

The Canada Pension Plan Investment Board is investing $1 billion in Korea-based data centres through its joint venture with the Pacific Asset Management Co. “The…

  • By: Staff
  • November 29, 2024 November 29, 2024
  • 14:00
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Canadian pension income adding $24.5BN to federal coffers in 2025: report

Workplace pension income will add $24.5 billion to federal coffers and $16.8 billion to the provinces in 2025, according to a new report by the…

  • By: Staff
  • November 29, 2024 November 28, 2024
  • 09:00
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Average funded status of Ontario DB pension plans at 121% in Q3 2024: report

The average funded position of defined benefit pension plans in Ontario was 121 per cent in the third quarter of 2024, down just two per…

  • By: Staff
  • November 28, 2024 November 27, 2024
  • 09:00

Caisse appointing Sharon White as managing director, head of Europe

The Caisse de dépôt et placement du Québec is appointing Sharon White as managing director and head of Europe, effective Jan. 27, 2025. In her…

  • By: Staff
  • November 27, 2024 November 26, 2024
  • 15:00

More clarity, flexibility needed in solvency reserve accounts for federally regulated DB pension plans: ACPM

An amendment to the federal Pension Benefit Standards Regulations that would establish solvency reserve accounts for federally regulated defined benefit pension plans requires additional clarity…

  • By: Staff
  • November 27, 2024 November 26, 2024
  • 09:00
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Canadian institutional investors’ responsible investments reach $4.5 trillion: report

Responsible investments account for 71 per cent of the total assets under management by Canadian institutional investors, according to a new report from the Responsible…

  • By: Staff
  • November 26, 2024 November 26, 2024
  • 09:00

Canadian fixed income yields de-coupling from U.S. market performance: report

Canadian fixed income yields are de-coupling from a sharp rise seen in the U.S. market, according to a new report from FTSE Russell. Despite a…

  • By: Staff
  • November 25, 2024 November 25, 2024
  • 15:00

Former Quebec pension fund workers charged in U.S. in Indian government bribery case

Quebec’s pension fund manager says it is co-operating with U.S. authorities after three former employees were indicted in federal court in Brooklyn, N.Y., in an…

DB pension plan sponsors facing “bottleneck” in annuities market: expert

Increased deal-making in the Canadian annuities market is adding pressure to defined benefit plan sponsors seeking to de-risk their plans, says Jason Vary, president of…

Legislation blocking ammunition investments could limit overall investment landscape in Canada: PIAC

The Pension Investment Association of Canada, alongside the Canadian Life and Health Insurance Association and the Portfolio Management Association of Canada, is asking the Senate to…

  • By: Staff
  • November 20, 2024 November 19, 2024
  • 15:00
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Former PM Stephen Harper appointed as AIMCo chair

Former prime minister Stephen Harper is the new chairman of the Alberta Investment Management Corp. The move comes almost two weeks after the province’s finance…

Caisse investing in U.S.-based fintech company

PSP Investments investing in accounting firm, Caisse-backed fintech asset becoming private company

The Public Sector Pension Investment Board, along with partner Investcorp, is investing in accounting firm PKF O’Connor Davies LLP. According to a press release, the…

  • By: Staff
  • November 20, 2024 November 22, 2024
  • 15:00

Leadership changes at the AIMCo could impact credibility, independence: expert

The swift removal of the chief executive officer, three executives and the 11-person board at the Alberta Investment Management Corp. is a dramatic move that…

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Canadian pension funds continue to land top marks for transparency: report

For the fourth year in a row, five Canadian pension funds are among the most transparent in the world, according to the global pension transparency…

  • By: Staff
  • November 18, 2024 November 18, 2024
  • 14:30
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CPPIB returns 3.6% in fiscal Q2 2025, net assets increase to $675.1BN

The Canada Pension Plan Investment board is reporting a 3.6 per cent return for the second quarter of its latest fiscal year, according to its…

  • By: Staff
  • November 15, 2024 November 15, 2024
  • 15:00
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U.K. plans to create pension ‘megafunds’ with aim of unlocking US$100 billion for investment

British Treasury chief Rachel Reeves said Thursday the government planned to merge dozens of pension funds with the aim of unlocking tens of billions of…

Ontario Teachers’ names Kevin Kerr as executive managing director, portfolio solutions

The Ontario Teachers’ Pension Plan is appointing Kevin Kerr as executive managing director of its new portfolio solutions department, effective immediately. The department will integrate…

  • By: Staff
  • November 15, 2024 November 15, 2024
  • 14:30

2024 Top 40 Money Managers Report: To divest or engage?

With 15 different client organizations, including nine public sector pension plans, the Alberta Investment Management Corp. has opted to engage, rather than divest, from certain…

  • By: Blake Wolfe
  • November 15, 2024 November 22, 2024
  • 08:57

The Calgary Foundation using alternatives to push beyond its comfort zone

In the years following the 2008/09 financial crisis, Dan Langlois realized the allocation strategy for the Calgary Foundation’s endowment portfolio needed a significant adjustment if…

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38% of U.S. institutional investors incorporating ESG into investment decisions: survey

Roughly two-fifths (38 per cent) of U.S. institutional investors say they incorporate environmental, social and governance factors into investment decisions, according to a new survey…

  • By: Staff
  • November 14, 2024 November 12, 2024
  • 11:00
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UN’s Net-Zero Asset Owner Alliance reports more institutional investors adopting intermediate decarbonization targets

The United Nations’ Net-Zero Asset Owner Alliance is reporting that 81 of its institutional investor members, representing combined assets under management of US$9.4 trillion, have…

  • By: Staff
  • November 14, 2024 November 11, 2024
  • 09:00
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Ratio of asset value to benefit obligation up 1.2% for Canadian DB pension plans in Q3 2024: report

The ratio of the market value of assets to the projected benefit obligation for a hypothetical benchmark plan changed little for global defined benefit pension…

  • By: Staff
  • November 12, 2024 November 7, 2024
  • 11:00