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UPP promoting responsible labour standards across portfolio: report

The University Pension Plan is promoting responsible labour standards in the direct operations that it invests in, according to a new stewardship report from the…

  • By: Staff
  • September 16, 2024 September 13, 2024
  • 15:00

Institutional investors’ demand for insurance-linked securities pushing transaction volumes to new highs: experts

An acceleration of significant weather events are impacting the risk premium earned from insurance-linked securities, providing a significant inflation hedge for institutional investors, says Bernard Van…

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IBM transferring US$6 billion in pension liabilities via group annuity buyout

International Business Machines Corp. is transferring roughly US$6 billion in defined benefit pension obligations through a group annuity buyout. Prudential Financial Inc. will assume responsibility…

  • By: Staff
  • September 13, 2024 September 13, 2024
  • 15:00

IMCO betting big on private assets amid demand for sustainability

The Investment Management Corp. of Ontario is looking at private assets as an opportunity to support investment returns across various Ontario-based pension plans. “We believe…

Bristol-Myers Squibb sued for US$2BN pension risk transfer deal

Bristol-Myers Squibb Co. is being targeted in a lawsuit over a US$2 billion pension risk transfer deal completed in 2019 with Athene Annuity and Life…

  • By: Staff
  • September 12, 2024 September 12, 2024
  • 11:00

CPPIB reinvesting $532M in Brazilian water firm, OMERS increasing stake in Indian infrastructure fund

The Canada Pension Plan Investment Board is reinvesting $532 million in its majority-owned Brazilian water and sanitation company Iguá Saneamento. The new financial commitment will…

  • By: Staff
  • September 11, 2024 September 10, 2024
  • 15:00
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How are stewardship guidelines helping institutional investors address systemic risks?

Stewardship guidelines are helping institutional investors address climate risks and safeguard their investment in the long run, says Brian Minns, managing director of responsible investing at…

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Expert panel: Institutional investors should re-evaluate fees in ‘turbulent twenties’

An altering macroeconomic environment means that cost management requires continual attention by pension plans and other institutional investors. Today, as inflation and higher-for-longer rates exert…

  • By: Les Marton
  • September 10, 2024 September 6, 2024
  • 09:00
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Average Canadian DB pension plan returns 3.2% in July: report

The funded position of a typical Canadian defined benefit pension plan rose on both a solvency and accounting basis in July, according to Telus Health’s…

  • By: Staff
  • September 10, 2024 September 6, 2024
  • 09:00

Caisse investing in Quebec-based energy company, CPPIB buying stake in data centre operator

The Caisse de dépôt et placement du Québec is investing $575 million in Montreal-based natural gas company Énergir. The investment, which will be made in…

  • By: Staff
  • September 6, 2024 September 6, 2024
  • 15:00
What do historically low interest rates mean for DB pension de-risking?

Canadian pension risk transfer sales increase to $2.5BN in Q2 2024: report

The market volume of annuity purchases by Canadian defined benefit pension plan sponsors reached an estimated $2.5 billion in the second quarter of 2024, compared…

  • By: Staff
  • September 5, 2024 September 6, 2024
  • 09:00

Institutional investors paying up to 2% in private equity management fees: report

While the median investment management fee paid by institutional investors for private equity deals during the investment period is between 1.75 per cent and two…

  • By: Staff
  • September 4, 2024 September 4, 2024
  • 15:00

ESG issues see declining support in shareholder voting events: AIMCo

The Alberta Investment Management Corp. says there has been declining support for shareholder proposals linked to environmental and social factors, while support has increased for governance…

  • By: Staff
  • September 3, 2024 September 3, 2024
  • 09:00
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Real return bonds a boon for institutional investors, pension plan members: report

The end of the federal government’s real return bond program will deprive institutional investors and pension plan members of a valuable investment tool that can help…

  • By: Staff
  • September 3, 2024 September 3, 2024
  • 09:00

Ontario’s target-benefit framework too prescriptive, could lead to increased plan costs: ACPM

Ontario’s proposed regulatory framework for target-benefit pension plans includes requirements that are more prescriptive than other jurisdictions and could result in additional costs and reduced…

  • By: Staff
  • August 28, 2024 August 27, 2024
  • 15:00
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AIMCo returns 5.4% in first half of 2024, driven by public equities

The Alberta Investment Management Corp. is reporting a net return of 5.4 per cent for the first half of 2024. During the six-month period ending…

  • By: Staff
  • August 28, 2024 August 28, 2024
  • 15:00

U.K. looking to Canada’s Maple 8 for inspiration in public pension reform: report

U.K. Chancellor Rachel Reeves met with some of Canada’s biggest public sector pension plans this month, as the country looks to reform its public pension…

  • By: Staff
  • August 26, 2024 August 26, 2024
  • 15:00
OMERS’ portfolio company acquiring solar energy development platform

Caisse invests $35M in energy transition fund, AIMCo buys Australian rural portfolio

The Caisse de dépôt et placement du Québec is investing $35 million in a new energy transition fund from Quebec-based equity firm MacKinnon Bennett &…

  • By: Staff
  • August 23, 2024 September 4, 2024
  • 15:00

PSP Investments’ Eduard van Gelderen stepping down from SVP, CIO role

Eduard van Gelderen, the Public Sector Pension Investment Board’s senior vice-president and chief investment officer, is stepping down after six years with the organization. Effective…

  • By: Staff
  • August 22, 2024 September 4, 2024
  • 15:00

Canadian pension funds recognized for governance, sustainability practices: report

Four of Canada’s largest pension funds have been ranked among the top 10 global pension funds for demonstrating best practices in governance, sustainability and resilience,…

  • By: Staff
  • August 21, 2024 August 21, 2024
  • 15:00

CPPIB appointing Caitlin Gubbels as global head of private equity

The Canada Pension Plan Investment Board is appointing Caitlin Gubbels as senior managing director and global head of private equity. In this role, she’ll lead…

  • By: Staff
  • August 20, 2024 August 20, 2024
  • 15:00

CPPIB returns 8% in latest fiscal year, net assets increase to $632BN

The Canada Pension Plan Investment Board reported an eight per cent return in its fiscal year ending March 31, but significantly underperformed the 19.9 per cent…

Ontario Teachers’ appointing Mabel Wong as CFO

The Ontario Teachers’ Pension Plan is appointing Mabel Wong as its chief financial officer, effective immediately. She officially enters the role after serving as acting CFO following…

  • By: Staff
  • August 19, 2024 August 19, 2024
  • 15:00
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OMERS returns 4.4% for first half of 2024

The Ontario Municipal Employees’ Retirement System earned a net investment return of 4.4 per cent for the first six months of this year, helped by…

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CPPIB invests $1.2BN in energy operator, considers €300M sale of debt portfolio in Spain

The Canada Pension Plan Investment Board is investing approximately $1.2 billion in energy infrastructure firm Tallgrass Energy. The Denver-based company manages more than 10,000 miles…

  • By: Staff
  • August 16, 2024 August 16, 2024
  • 14:00