Canadian pension funds are among the institutional investors participating in Climate Engagement Canada, a new initiative to promote a net-zero economy. The initiative, which is coordinated by several investor networks, is launching with 27 institutional investors that collectively manage more than $3 trillion in assets, according to a press release. The participating pension funds include […]
The Alberta Investment Management Corp. is co-investing in a commercial high-rise building in downtown Vancouver. Ownership in the 15,000 square-metre building will be shared with a fellow investor, Toronto-based commercial real estate and asset management firm Starlight Investments. Following the purchase, the building will continue to be occupied by employees of the federal government, which […]
The Canada Pension Plan Investment Board is acquiring North America’s largest marine terminal operator. A minority investor in the Ports America Group since 2014, the CPPIB has reached a deal to secure all outstanding interest in the company from Oaktree Capital Management. While the exact details of the transaction aren’t known, the management structure is […]
Eight Indigenous groups and an Alberta-based energy company are becoming the co-owners of a pipeline in which the Alberta Investment Management Corp. has a majority stake. The TC Energy Corp. is selling its 15 per cent stake in the Northern Courier Pipeline, which transports bitumen along a 90 kilometer route between Fort Hills Mine and […]
When the coronavirus pandemic shook up the investment landscape last spring, Canadian pension funds were also jostled by the shock wave, with the Alberta Investment Management Corp. and the Ontario Municipal Employees Retirement System among the hardest hit. And while the pandemic was an unprecedented event, such losses have raised the issue of whether Canadian pension […]
The Alberta Teachers’ Retirement Fund said its new agreement with the Alberta Investment Management Corp. is aligning the best interests of both organizations, following several months of negotiations. According to a press release from the Alberta Teachers’, the agreement ensures the teachers’ board maintains full control over the strategic investment policy for the pension plans’ […]
The Alberta Investment Management Corp. has reached an investment management agreement with the Alberta Teachers’ Retirement Fund Board following a protracted period of negotiation. The agreement will see the Alberta Teachers’ assets, valued at $19.1 billion in its 2020 annual report, transferred to the custody of the AIMCO. According to Rod Matheson, the Alberta Teachers’ […]
The Alberta Investment Management Corp. is appointing James Barber as executive vice-president of public equities, effective July 14. He joins the AIMCo from AMP Investment Partners, where he was co-founder and managing partner. Previously, Barber served as chief investment officer of equities at Russell Investments and held roles at SEI Investments Co. in the U.K. […]
It isn’t an easy time to be a fixed income investor. After a volatile year that included a severe liquidity squeeze in the spring of 2020, Sandra Lau, executive vice-president of fixed income at the Alberta Investment Management Corp., says many different measures now suggest the bull market for fixed income is officially over and […]
The Canada Pension Plan Investment Board and the Alberta Investment Management Corp. are together investing $2.4 billion in the Australian digital infrastructure company BAI Communications Pty. Ltd. The funds have been earmarked to support BAI’s global growth strategy and acquisitions. BAI recently announced a partnership agreement with Transport for London to deliver high-speed mobile coverage […]