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Canadian DB pension plans see median return of 4.23% in Q1 2023: report

Canadian defined benefit pension plans generated a median return of 4.23 per cent for the first quarter of 2023, according to the BNY Mellon Canadian…

  • By: Staff
  • May 9, 2023 May 8, 2023
  • 09:00
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N.S. Teachers’ Pension Plan’s funded status dips to 75.1%: annual report

The Nova Scotia Teachers’ Pension Plan’s funded status dipped from 82.5 per cent to 75.1 per cent on a going-concern basis in 2022, according to…

  • By: Staff
  • May 4, 2023 May 3, 2023
  • 12:30

OMERS backing hepatitis C drug, BCI acquiring stake in space technology company

The pharmaceutical arm of the Ontario Municipal Employees’ Retirement System is acquiring a stake in an anti-viral drug. According to the terms of a $200-million…

  • By: Staff
  • May 4, 2023 May 4, 2023
  • 12:30
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Canadian DB pension plans generated strong returns in Q1: report

The median Canadian defined benefit pension plan’s investments returned 4.2 per cent during the first quarter of 2022, according to a new report by Northern Trust…

  • By: Staff
  • May 4, 2023 May 4, 2023
  • 09:00
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Controversial super-priority pension bill receives royal assent

A controversial law giving super-priority to defined benefit pension plan members during plan windups and insolvencies is coming into effect after receiving royal assent from…

Majority of global institutional investors expecting to increase ETF exposure: report

The majority (61 per cent) of global institutional investors are considering increasing their allocations to exchange-traded funds in the next year, down significantly from 82…

  • By: Staff
  • May 2, 2023 April 28, 2023
  • 12:30
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BCI calling for increased climate disclosure at Imperial Oil, Caisse pre-leasing Chilean mixed-use development

The British Columbia Investment Management Corp. is filing a shareholder proposal calling for Imperial Oil Ltd. to disclose more information about its climate risks. The…

  • By: Staff
  • May 2, 2023 May 2, 2023
  • 12:30
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Canadian DB pension plans see median return of 4% in Q1 2023: report

Canadian defined benefit pension plans generated a median return of four per cent in the first quarter of 2023, up from 3.8 per cent in…

  • By: Staff
  • May 1, 2023 April 28, 2023
  • 09:00

CPPIB backing efforts to divide investee mining company, OMERS-owned building leasing Sydney office space

The Canada Pension Plan Investment Board is supporting an effort to spin off the steel-making side of an investee mining company despite previously saying it…

  • By: Staff
  • April 27, 2023 April 27, 2023
  • 12:30
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New report highlights BCI’s 2022 ESG achievements

The British Columbia Investment Management Corp. is leveraging its size and influence to drive environmental, social and governance improvements across its portfolio, according to the…

  • By: Staff
  • April 27, 2023 April 27, 2023
  • 12:30

Ontario Teachers’ to manage Asian public equities investments in Toronto

The Ontario Teachers’ Pension Plan’s Asian public equity portfolios will be managed by a high conviction equities group based in Toronto. “In considering the optimal…

ACPM urging Retraite Québec to streamline approach to actuarial solvency valuations

The Association of Canadian Pension Management is urging Retraite Québec to streamline its approach to actuarial solvency valuations for pension plans with members outside of…

  • By: Staff
  • April 26, 2023 April 26, 2023
  • 09:00

Caisse investing in Quebec asset management development organization, OMERS completing U$1 BN term note issuance

The Caisse de dépôt et placement du Québec is issuing $250 million to an organization that supports the institutional investment manager ecosystem in Quebec. The…

  • By: Staff
  • April 25, 2023 April 24, 2023
  • 12:30

Institutional investors increasingly reliant on social media content from asset managers: survey

Most institutional investors say they’ve increased their reliance on content from social media in the investment decision-making process after adopting hybrid working environments, according to…

  • By: Staff
  • April 25, 2023 April 25, 2023
  • 12:30

Canadian pension plans’ average funded ratio reaches 120% in first quarter: report

The average Canadian pension plan’s funded ratio reached 120 per cent as of March 31, 2023, up one per cent over the quarter, while the average…

  • By: Staff
  • April 24, 2023 April 21, 2023
  • 15:00

Ontario Pension Board preparing for departure of two top executives

The Ontario Pension Board is announcing its plans for managing the coming departures of two of its top executives — Mark Fuller, president and chief…

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Ontario Teachers’ highlights sustainable building opportunities in new report

As countries seek to reach net-zero carbon emissions targets by 2050, demand for buildings to be retrofit to improve energy efficiency will more than double,…

  • By: Staff
  • April 20, 2023 April 20, 2023
  • 12:30

CAAT remains 124% funded despite 2022 investment losses: annual report

The College of Arts and Technology pension plan’s assets dropped 2.3 per cent while its funded ratio on a going-concern basis remained at 124 per…

  • By: Staff
  • April 20, 2023 April 20, 2023
  • 12:00
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How will crypto disclosure rules impact federally regulated pension plans?

In its 2023 budget, the federal government announced plans to require that federally regulated pension plan sponsors disclose their cryptocurrency asset exposure to the Office of…

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Alcoa entering $315 million annuity transfer for Canadian DB pensions

Alcoa Corp. is de-risking roughly $315 million (US$235 million) in Canadian defined benefit pension obligations and assets with an annuity transfer. The group annuity contracts…

  • By: Staff
  • April 20, 2023 April 27, 2023
  • 09:00

OMERS managing Canada’s most profitable mall, Ontario Teachers’ investing in renewable natural gas projects

The real estate arm of the Ontario Municipal Employees’ Retirement System is operating the most productive shopping centre in Canada, according to a new report…

  • By: Staff
  • April 18, 2023 April 18, 2023
  • 13:00

Caisse on track to reach net-zero goals: report

The Caisse de dépôt et placement du Québec is on track to have a net-zero portfolio by 2050, according to the organization’s latest sustainable investing…

  • By: Staff
  • April 18, 2023 April 18, 2023
  • 12:30

Canadian DB pension plan assets rise 1.8% in March: report

The funded position of a typical Canadian defined benefit pension plan improved on a solvency and accounting basis in March, according to a new report…

  • By: Staff
  • April 18, 2023 April 18, 2023
  • 12:30

Implementing a centralized trading platform at the BCI

In 2018, the British Columbia Investment Management Corp. adopted a centralized trading framework. The program, which brought together global derivatives and trading with almost $35…