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PSP selling portion of talent agency stake, OMERS investing in B2B service provider

The Public Sector Pension Investment Board is selling a portion of its stake in a talent agency expanding into the marketing advisory sector. Controlling interest…

  • By: Staff
  • July 21, 2022 July 21, 2022
  • 12:30
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Canadian pension plan sponsors increasingly concerned by broad-scale climate resilience of portfolios: report

Canada’s defined benefit pension plan sponsors are more concerned about broad-scale climate resilience in portfolios than they were before the coronavirus pandemic, according to a…

  • July 21, 2022 July 21, 2022
  • 12:00

TTC pension plan appointing Danny Ip director of investment risk and analytics

The TTC Pension Plan is appointing Danny Ip as its first director of investment risk and analytics. In the newly created role, Ip is responsible…

  • By: Staff
  • July 19, 2022 July 19, 2022
  • 12:45

European central bank expected to raise interest rates by 25 basis points

The European Central Bank is expected to raise interest rates for the first time since 2011. In a statement, the bank said it plans to…

  • By: Staff
  • July 19, 2022 July 19, 2022
  • 12:30

AIMCo-backed venture acquiring U.K. rental assets, OMERS buying stake in drug royalty rights

The Alberta Investment Management Corp. is part of a joint venture acquiring a portfolio of U.K.-based residential apartment assets under construction. In a deal reached…

  • By: Staff
  • July 19, 2022 July 19, 2022
  • 12:30
How commuted-value calculation changes will impact lump-sum DB pension payments

Canadian DB pension plan assets declined 5.4 per cent in June: report

The value of a typical Canadian defined benefit pension plan’s assets declined in June, according to LifeWorks Inc.’s latest monthly report. An investment portfolio designed…

Caisse investing in wind and solar projects, AIMCo in German real estate

Caisse reinvesting in Indian power company, Ontario Teachers’ investing in New Zealand telecom towers

The Caisse de dépôt et placement du Québec is increasing its stake in an Indian power company. In an agreement reached with CLP Power India…

  • By: Staff
  • July 14, 2022 July 14, 2022
  • 12:00
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CAPSA’s risk management guideline committee seeking members for industry working group

The Canadian Association of Pension Supervisory Authorities’ risk management guideline committee is seeking nominations for an industry working group. The committee will draw on the group…

  • By: Staff
  • July 14, 2022 July 13, 2022
  • 09:00
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Cryptocurrency plunge a cautionary tale for U.S. public pension funds

When the Houston Firefighters Relief and Retirement Fund bought $25 million in cryptocurrencies with the fund’s chief investment officer touting their potential, retired fire Capt.…

2022 Pension Leadership Awards opens for entries

The Canadian Investment Review is now accepting nominations for the 2022 Pension Leadership Awards. The third annual Pension Leadership Awards will celebrate the organizations and individuals…

  • By: Staff
  • July 12, 2022 July 12, 2022
  • 12:00

CPPIB investing in discount grocery chain, OMERS acquiring infrastructure service provider

The Canada Pension Plan Investment Board is investing in a Colombian discount grocery chain. The US$335 million investment in D1, which is owned by the…

  • By: Staff
  • July 12, 2022 July 12, 2022
  • 11:00

PSP Investments analyzing environmental impact of natural resources portfolio

The Public Sector Pension Investment Board is engaging WSP Global Inc. to develop a consistent methodology for analyzing the environmental impact of its natural resources assets.…

  • By: Staff
  • July 12, 2022 July 12, 2022
  • 10:00
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Provident10 revamping IT governance strategy in response to cybersecurity risks

The administrator of the Newfoundland and Labrador Public Service Pension Plan is planning a revamp of its information technology governance processes to mitigate cybersecurity risks. “The…

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CPPIB doubling-down on Korean industrial real estate, Caisse developing Brazilian rental properties

The Canada Pension Plan Investment Board is making a second contribution to a real estate joint venture expanding its industrial warehouse portfolio in Korea’s largest…

  • By: Staff
  • July 7, 2022 July 7, 2022
  • 12:00

CIFSC releases responsible investment framework for Canadian funds

The Canadian Investment Funds Standards Committee is releasing the final framework it will use to identify investment funds that disclose adopting responsible investing strategies. “Given…

  • By: Staff
  • July 7, 2022 July 6, 2022
  • 11:00

AIMCo CEO seeking to win trust of pension clients: report

After a record-breaking year, Alberta’s public sector investment fund manager is seeking to earn the trust of its client pension funds. “A combination of factors…

  • By: Staff
  • July 6, 2022 July 8, 2022
  • 12:15
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Ontario Teachers’ acquiring reverse mortgage lender, OMERS financing EV battery manufacturer

The Ontario Teachers’ Pension Plan is acquiring the parent company of a Canadian reverse mortgage provider. The pension fund is buying HomeQ Corp., which owns…

  • By: Staff
  • July 5, 2022 July 5, 2022
  • 12:45

U of T pension assets grew by 4.7 per cent in the first half of 2021: UTAM report

The pension plan for the faculty and staff of the University of Toronto grew from $6.3 billion to $6.6 billion in the first six months of…

  • By: Staff
  • July 5, 2022 July 8, 2022
  • 12:15
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IMCO unveils ESG strategy, discloses portfolio emissions

The Investment Management Corp. of Ontario is publishing its inaugural environmental, social and governance report, which includes an outline of its four-pronged ESG integration strategy.…

  • By: Staff
  • July 5, 2022 July 5, 2022
  • 12:00
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Canadian DB plans’ median solvency ratio increases to 109% in Q2: report

Despite year-to-date asset losses and historically high levels of inflation, most Canadian defined benefit pension plans are reporting increased funded positions in the second quarter…

  • By: Staff
  • July 5, 2022 July 4, 2022
  • 09:00
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French election results scuttle Macron’s hopes for pension reform

French president Emmanuel Macron’s efforts to reform his country’s pension system have been set back by the results of divisive national elections. During his campaign…

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Nova Scotia’s PSSP returns 5.56% for fiscal year

The Nova Scotia Public Service Superannuation Plan generated net returns of 5.56 per cent during its latest fiscal year, which ended on March 31, 2022.…

PSP entering strategic alliance with produce company, Ontario Teachers’ investing in online retailer

The Public Sector Pension Investment Board is entering a strategic alliance with a produce vendor. According to the agreement, PSP Investments will manage the acquisition…

  • By: Staff
  • June 30, 2022 June 30, 2022
  • 12:00
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Higher long-term bond yields lowering annuity purchase costs for DB pension plan sponsors: expert

Higher long-term bond yields driven by rising interest rates are lowering the cost of annuity purchases for defined benefit pension plans, says Mary Kate Archibald,…