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Class action suit against Indian solar business backed by Caisse, OMERS seeking lead plaintiff

The Ontario Municipal Employees’ Retirement System has until the end of October to decide if it will serve as the lead plaintiff in a class…

  • By: Staff
  • September 6, 2022 September 6, 2022
  • 12:30
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Ontario Teachers’ allocating $5BN to high-carbon emitters: report

The Ontario Teachers’ Pension Plan is allocating $5 billion to businesses with high-carbon emissions, according to its annual responsible investing and climate strategy report. “Recognizing…

  • By: Staff
  • September 6, 2022 September 6, 2022
  • 12:15

OMERS appointing Irini Kalamakis as global head of strategic partnerships

The Ontario Municipal Employees’ Retirement System is appointing Irini Kalamakis as senior managing director and global head of strategic partnerships. In the new role, Kalamakis…

  • By: Staff
  • September 6, 2022 September 6, 2022
  • 12:00

OJTBF joins the the CAAT pension plan

The OPSEU Joint Trusteed Benefit Fund, a not-for-profit insurance advisor that offers benefits to non-profit organizations, is joining the Colleges of Applied Arts and Technology…

  • By: Staff
  • September 1, 2022 September 6, 2022
  • 13:30

Institutional investors, corporations divided on SEC climate disclosure proposal

An analysis of submissions made to the U.S. Securities and Exchange Commission reveals a sharp divide between the opinions of institutional investors and corporate executives…

  • By: Staff
  • September 1, 2022 September 1, 2022
  • 12:30

AIMCo assets declined 4% in Q2: report

The Alberta Investment Management Corp.’s investments declined four per cent during the second quarter of 2022, according to its quarterly report. During the quarter, the…

  • By: Staff
  • September 1, 2022 September 1, 2022
  • 12:00

Yellow Pages expecting shareholder approval for special payment to DB pension plan

Yellow Pages Ltd. has secured the support of enough shareholders to approve a plan to bolster its defined benefit pension plan’s coffers. During a virtual…

  • By: Staff
  • September 1, 2022 August 31, 2022
  • 12:00
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Bâtirente’s diversified funds return between negative 4.63% and negative 8.87% in Q2

The second quarter of 2022 proved difficult for Bâtirente’s diversified funds, according to the organization’s investment strategy manager. “As was the case in the first…

  • By: Staff
  • August 30, 2022 August 30, 2022
  • 12:30

CPPIB-backed insurer selling Toronto subsidiary, Cadillac Fairview adopting nostalgic strategy

A Barbadian company is acquiring the life insurance business of a company in which the Canada Pension Plan Investment Board has a majority stake. According…

  • By: Staff
  • August 30, 2022 August 30, 2022
  • 12:00
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43% of global institutional investors expect fixed income performance to continue to decline: survey

While global institutional investors expect losses to continue in the fixed income market and are concerned that central banks may be too optimistic on the…

  • By: Staff
  • August 30, 2022 August 30, 2022
  • 09:00

Russia divestment promises by U.S. pension funds largely unfulfilled

Six months into a war that has killed thousands of Ukrainians and displaced more than 12 million more, most of the pledges by U.S. pension…

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Proprietary technology cut mall HVAC electricity usage by 35%, finds Caisse

Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, is announcing the results of a pilot project incorporating a…

  • By: Staff
  • August 25, 2022 August 31, 2022
  • 13:30
ESG influencing company strategy, increasing oil market vulnerability: reports

Florida introducing resolution barring ESG integration by state pension fund managers

A resolution passed by the trustees of the Florida State Board of Administration with the approval of Governor Ron DeSantis is barring state pension fund…

  • By: Staff
  • August 25, 2022 August 25, 2022
  • 13:00
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Proposed regulations could accelerate U.K. DB pension extinction: Mercer chief actuary

Proposed amendments to U.K. pension regulations could lead to the extinction of smaller defined benefit plans within 15 years, according to Charles Cowling, chief actuary…

  • By: Staff
  • August 25, 2022 August 25, 2022
  • 12:00

CPPIB backing of grain exporter provides Russia propaganda victory: expert

The Canada Pension Plan Investment Board’s investment in a grain exporter may be used as a propaganda tool by the Russian government, according to J.…

PSP ditching tech giant shares, Caisse scuttling future crypto investments after Celsius losses

The Public Sector Pension Investment Board says it dumped a significant portion of its shares in two giant technology companies during the first half of…

  • By: Staff
  • August 23, 2022 August 23, 2022
  • 12:30

OMERS reporting return of negative 0.4% for first half of 2022

The Ontario Municipal Employees’ Retirement System is reporting a net investment return of negative 0.4 per cent — or a loss of $500 million —…

  • By: Staff
  • August 22, 2022 August 21, 2022
  • 09:00

CPPIB enters joint venture acquiring European hotels, Ontario Teachers’ takes majority stake in Indian hospital chain

The Canada Pension Plan Investment Board is entering a joint venture focused on the hospitality sector. The new scheme, which also includes Hamilton Pyramid Europe,…

  • By: Staff
  • August 18, 2022 August 18, 2022
  • 12:00
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Ontario DB pension plans’ projected solvency dipped in Q2: FSRA

The projected solvency ratio of Ontario’s defined benefit pension plans declined in the second quarter of 2022, according to a new report by the Financial…

  • By: Staff
  • August 18, 2022 August 17, 2022
  • 09:00

Caisse reporting -7.9% return for first half of 2022

The Caisse de dépôt et placement du Québec generated an average return of negative 7.9 per cent for the first half of 2022. The investment…

  • By: Staff
  • August 18, 2022 August 16, 2023
  • 09:00

OMERS investing in solar energy service, Caisse and CPPIB reinvesting in professional services firm

The Ontario Municipal Employees’ Retirement System is investing in an Arizona-based solar energy business. In a deal reached with Clairvest Group Inc., the institutional investor…

  • By: Staff
  • August 16, 2022 August 16, 2022
  • 12:32

FSRA seeking comment on draft pension registration guidelines

The Financial Services Regulatory Authority of Ontario is seeking feedback on its proposed guidance on requirements for pension plans to take certain actions to avoid…

  • By: Staff
  • August 16, 2022 August 17, 2022
  • 11:30
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Ontario Teachers reporting 1.2% return in first half of 2022

The Ontario Teachers’ Pension Plan is reporting a total fund net return of 1.2 per cent for the six-month period ended June 30, 2022. The…

  • By: Staff
  • August 16, 2022 August 15, 2022
  • 09:00

CPPIB assets down $16BN in Q1 fiscal 2023

The Canada Pension Plan Investment Board is reporting net assets of $523 billion for the first quarter of fiscal 2023, down from $539 billion at…

  • By: Staff
  • August 15, 2022 August 15, 2022
  • 09:00

Head to Head: When it comes to fossil fuels, is divestment or engagement the right route for institutional investors?

While one expert says the two approaches work most effectively together, the other highlights the importance of complete divestment. Adam Scott, director at Shift Action…