The Ontario Teachers’ Pension Plan’s U.K. real estate partner has signed Imperial College London as a tenant at its White City Place development. The academic institution will occupy a 47,650 square-foot space for a new professional services hub in London. The financial details of the transaction weren’t disclosed. “Imperial’s decision to become a tenant in […]
An article on how the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline will impact plan sponsors and members 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 CAPSA’s updated CAP guideline will impact plan sponsors, […]
The Alberta Investment Management Corp. is appointing two of its investment leaders to new executive roles, effective immediately, as Marlene Puffer steps away from her role as the organization’s chief investment officer. Justin Lord has been named senior executive managing director and global head of public markets, overseeing public equities and fixed income. He has […]
An article on International Business Machines Corp.’s latest pension risk transfer 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. IBM transferring US$6 billion in pension liabilities via group annuity buyout 2. How employers can encourage employees to take guilt-free sick days […]
An article on the Ontario government’s review of preferred pharmacy networks 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. Ontario reviewing impact of preferred pharmacy networks on plan members’ costs, accessibility 2. Canadian employers focusing on workers’ emotional well-being in […]
An article on how the concept of merit, excellence and intelligence can thwart employers’ diversity, equity and inclusion efforts 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. Concept of ‘MEI’ taking away from employers’ DEI efforts: expert 2. Employers […]
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 investment organization’s teams dedicated to direct private equity, Asian private equity and private equity funds and secondaries. Gubbels joined the CPPIB in 2010 and was most recently its head […]
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 return of its reference portfolio. The reference portfolio, made of 85 per cent global equity and 15 per cent Canadian bonds, benefited last year from stock price surges in the […]
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 performance of its investments in public equities and strong contributions from its holdings in private credit and infrastructure. The fund had a good start to the year, reflecting the […]
The Ontario Municipal Employees’ Retirement System’s infrastructure arm is partnering with an infrastructure investment fund managed and advised by DWS Group to acquire Italy-based Grandi Stazioni Retail. The operator manages the commercial and advertising spaces in 14 of the country’s major railway stations and hubs for its high-speed rail network. The financial details of the […]