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DB pension plans with overlay strategies finding flexibility after OSFI’s going-concern discount rate clarification: expert

Defined benefit pension plan sponsors using overlay strategies will gain more flexibility amid rising inflation now that the Office of the Superintendent of Financial Institutions…

CPPIB appointing Maximilian Biagosch as senior managing director, global head of real assets

The Canada Pension Plan Investment Board is appointing Maximilian Biagosch as senior managing director and global head of real assets. Biagosch joined the CPPIB in…

  • By: Staff
  • February 23, 2023 February 22, 2023
  • 12:00

AIMCo sees ‘silver lining’ to higher inflation, interest rates

Marlene Puffer, chief investment officer of the Alberta Investment Management Corp., believes many public market asset classes are under-priced as a result of inflation and…

  • By: Staff
  • February 23, 2023 March 1, 2023
  • 12:00

Caisse reporting -5.6% return for 2022, expects 2023 to be a ‘year of transition’

The Caisse de dépôt et placement du Québec generated average returns of negative 5.6 per cent in 2022. “The year 2022 provided an environment filled…

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Canada has third largest share of global pension wealth for the first time: report

Global pension assets fell 16.7 per cent to US$47.9 trillion in 2022, driven largely by a correction in fixed income and equities markets, according to a…

  • By: Staff
  • February 23, 2023 February 23, 2023
  • 09:00
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OPTrust selling stake in environmental waste manager

The OPSEU Pension Trust is selling its stake in an environmental waste management company. The OPTrust, which first bought an equity stake in Environmental 360…

  • By: Staff
  • February 21, 2023 February 21, 2023
  • 12:00

Investments in global private credit surpassed US$1.3T in 2022: survey

Driven by a combination of institutional investor interest and companies’ need to seek alternative funding, global private credit increased more than six-fold since the 2008/09…

  • By: Staff
  • February 17, 2023 February 14, 2023
  • 15:00
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Ontario DB pension plans return average 2.9% in Q4 2022: report

Ontario’s defined benefit pension funds returned an average 2.9 per cent in the fourth quarter of 2022 while plan liabilities continued to benefit from a…

  • By: Staff
  • February 16, 2023 February 15, 2023
  • 15:00
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Sounding board: How Canadian institutional investors can manage corporate fraud risk

Misconduct can devastate the value of an investment. A recent study on the pervasiveness and scope of corporate fraud by Alexander Dyck, professor of finance…

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Lack of viable alternatives to pension super-priority bill likely to ensure its passage, says pensioner association

A bill that would give super-priority to defined benefit pension plan members during plan windups and insolvencies is likely to be passed by the senate…

Who are the finalists in the 2022 Pension Leadership Awards?

The Canadian Investment Review is pleased to announce the finalists of the 2022 Pension Leadership Awards. This year, the awards will be handed out in four categories, with…

  • By: Staff
  • February 16, 2023 May 15, 2023
  • 09:00
ACPM calling on feds to streamline pension overpayment recovery

PIAC calls for going-concern plus regime, VPLAs, PRPP framework in pre-budget submission

The Pension and Investment Association of Canada is calling on the federal government to establish a going-concern plus regime as a long-term minimum funding requirement for…

  • By: Staff
  • February 15, 2023 January 17, 2024
  • 09:00
ESG influencing company strategy, increasing oil market vulnerability: reports

Pension plans among shareholders suing Shell board over climate strategy

Several European pension plans are backing a lawsuit against Shell Corp. alleging its board is mismanaging climate risk and breaching company law. The lawsuit, launched…

  • By: Staff
  • February 14, 2023 February 13, 2023
  • 11:30
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Clear, consistent guidelines required for integrating sustainability in investment decisions in Canada: report

Canada requires clear, consistent guidance on the integration and reporting of sustainability factors into investment decisions, according to a new report from the United Nations-based…

  • By: Staff
  • February 14, 2023 February 13, 2023
  • 09:00

OMERS appointing Daniel Fournier to lead Oxford Properties Group

The Ontario Municipal Employees’ Retirement System is appointing Daniel Fournier as the next executive chair of its real estate arm, Oxford Properties Group. Fournier will…

  • By: Staff
  • February 13, 2023 February 10, 2023
  • 09:00
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CPPIB generated 1.9% returns in fiscal Q3, buoyed by rebound in public equities

The Canada Pension Plan Investment Board’s assets returned 1.9 per cent during the third quarter of fiscal 2023, according to its latest quarterly report. By…

  • By: Staff
  • February 13, 2023 February 10, 2023
  • 09:00

How are pension funds and other institutional investors approaching investments in 2023?

Amid the unprecedented events of the last three years, the Colleges of Applied Arts and Technology pension plan has remained on course with its investment…

  • By: Blake Wolfe
  • February 10, 2023 February 9, 2023
  • 08:55

Revamping, retuning investment allocations at the ATCO’s pension plans

When Tye McAllister was in middle school, he received a life-changing gift from his father — The Wealthy Barber, a practical guide to financial planning…

Caisse acquiring 50% interest in Montreal toll road and bridge network

The Caisse de dépôt et placement du Québec is acquiring a 50 per cent interest in the A25 Concession, a 7.2 kilometre toll road and bridge…

  • By: Staff
  • February 9, 2023 February 9, 2023
  • 12:00

Study finds U.S. public pension plans’ average funding ratio reached 77.8% in 2022

The average funding ratio for U.S. public pension plans increased to 77.8 per cent in 2022 with the majority (68 per cent) of pensions’ revenue…

  • By: Staff
  • February 9, 2023 February 8, 2023
  • 12:00
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68% of institutional investors maintaining private market allocations: survey

More than two-thirds (68 per cent) of global institutional investors say they plan to maintain allocations to private markets in line with current targets, despite…

  • By: Staff
  • February 9, 2023 February 8, 2023
  • 09:00
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Canadian DB pension plans see median return of 4.27% in last quarter of 2022: report

Despite the challenging economic environment, Canadian defined benefit pension plans saw a median return of 4.27 per cent in the fourth quarter of 2022, according…

  • By: Staff
  • February 7, 2023 February 8, 2023
  • 11:30

Vast majority of institutional investors planning to increase allocations to sustainable, impact investments over 5 years: survey

The vast majority (90 per cent) of institutional investors say they’re planning to increase allocations to sustainable and impact investments over the next five years,…

  • By: Staff
  • February 6, 2023 February 3, 2023
  • 09:00

Caisse promoting Maxime Aucoin, David Latour to new roles

The Caisse de dépôt et placement du Québec is appointing Maxime Aucoin as executive vice-president of depositors and total portfolio.  In the new role, Aucoin,…

  • By: Staff
  • February 2, 2023 February 1, 2023
  • 15:00

Pension super-priority bill, real return bond cancellation top priorities for PIAC in 2023: new chair

The Pension Investment Association of Canada is prioritizing the protection of employment-based pension coverage in 2023. “Our members are concerned that well-intentioned regulatory changes, such…