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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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 &…
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…
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,…
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…
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…
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…
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…
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…
The Caisse de dépôt et placement du Québec returned 4.2 per cent in the first half of 2024, underperforming its benchmark of 4.6 per cent.…
The Ontario Teachers’ Pension Plan earned a net return of 4.2 per cent for the first six months of this year. The result came as the pension fund earned…
Alberta’s finance and treasury board warned against releasing the official results from a government survey evaluating the interest in a new potential pension plan, according…
The Caisse de dépôt et placement du Québec and the Ontario Municipal Employees’ Retirement System are investing US$400 million in emerging market energy transition debt.…