An article on how flexible retirement savings plans can help employees retire early was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Flexible savings plans, employer matching allowing employees to retire earlier than planned: survey 2. Are Canadian […]
The Ontario Teachers’ Pension Plan is selling its remaining 19.9 per cent free cash flow interest held in a mining asset to New Gold Inc. The transaction of the New Afton mine will net the investment organization US$300 million. Last year, the Ontario Teachers’ reduced its stake from 46 per cent to 19.9 per cent […]
An article on how incoming health-care legislation could impact plan sponsors’ virtual care offerings was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. How national health-care legislation could impact benefits plan sponsors’ virtual care offerings 2. Labatt attracting, […]
The Investment Management Corp. of Ontario is reporting a weighted average net return of 9.9 per cent as at Dec. 31, 2024. At the end of the year, the investment organization’s net assets under management grew to $86 billion, compared to $77.4 billion at the end of 2023. The IMCO’s annualized long-term results were 4.2 […]
Japanese institutional investors are slowing their allocations to private assets, according to a new report by Crisil Coalition Greenwich. It found the share of Japanese institutional investors, including pension funds, endowments and foundations, that are planning to significantly increase private debt allocations in the next three years dropped roughly 10 per cent to 16 per […]
The Alberta Investment Management Corp. is reporting a total fund net investment return of 12.3 per cent, roughly 1.5 per cent below its 13.8 per cent benchmark return. As at Dec. 31, 2024, its total assets under management were $179.6 billion, compared to $160.6 billion at the end of 2023. The investment organization’s balanced fund […]
Two-thirds (66 per cent) of global institutional investors say they plan to increase their private asset allocations over the next five years, according to a new survey by investment manager Nuveen. The survey, which polled more than 800 global institutional investors representing US$19 trillion in assets under management, found more than 90 per cent now […]
The Ontario Teachers’ Pension Plan is reporting a net return of 9.4 per cent for 2024, up from 1.9 per cent in 2023, according to its latest annual report. The investment organization underperformed its benchmark return of 12.9 per cent, equivalent to $7.6 billion in negative value add. Its net assets grew to $266.3 billion, […]
The emergence of the Chinese artificial intelligence platform DeepSeek-R1 has raised questions on how it will change the AI value chain, from providers to consumers to real-world business applications of the technology. According to a report by the BBC, researchers with Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co. Ltd., the company behind DeepSeek, claimed […]
The Public Sector Pension Investment Board is buying a 7.51 per cent ownership stake in the 407 Express Toll Route from the Canada Pension Plan Investment Board. The price for the strategic stake in the Greater Toronto Area highway asset will cost roughly $2.39 billion payable at closing and a deferred payment to be made […]
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