Against a backdrop of uncertainty, the OPSEU Pension Trust is guided by an investment strategy with certainty at its core. In 2015, the plan introduced what it calls a member-driven investing strategy, which is all about efficient risk allocation and earning the returns required to pay pensions at the lowest possible risk. “That’s different from […]
The infrastructure arm of the Ontario Municipal Employees Retirement System and the EQT Infrastructure IV fund are jointly purchasing German fibre technology company Deutsche Glasfaser Holding. Deutsche Glasfaser provides fibre infrastructure to underserved rural and suburban German communities. The company intends to ramp up its offerings to deploy large scale fibre-to-the-home internet access in rural German regions. […]
For the first time, defined contribution plan assets are exceeding defined benefit holdings across the world’s six largest pension markets, according to new report by Willis Towers Watson’s Thinking Ahead Institute. The report also found DC plan assets have grown at a faster rate (8.4 per cent per annum) than DB plans (4.8 per cent per annum) […]
As part of a group of investors, the OPSEU Pension Trust is entering into a long-term leasing transaction with Google. The agreement will see the technology company lease 400,000 square feet of Toronto office space at 65 King St. East in 2021. The move will allow Google to consolidate its current Greater Toronto Area offices into one […]
The Caisse de dépôt et placement du Québec, alongside private equity firm Novacap, is part of a partnership helping Eddyfi Technologies acquire NDT Global. Headquartered in Dublin, NDT Global supplies inline inspection for ultrasonic pipelines and data analysis for onshore and offshore pipelines. Combined, Eddyfi and NDT Global will have more than 1,000 employees in global 20 offices. Read: Caisse part of […]
The British Columbia Investment Management Corp. is buying a stake in U.K.-based investment analytics provider ClearMacro Ltd. The company provides analytics tools designed for asset managers and other professional investors. “BCI has, in recent years, firmly established our in-house investing capabilities across asset classes,” said Mihail Garchev, vice-president of total fund management at the BCI, in a press […]
Canadian defined benefit pension plans returned a median 2.52 per cent for the fourth quarter of 2019, reflecting an improved economic outlook for investors, according to BNY Mellon Asset Management Canada Ltd. Its Canadian master trust universe, which is based on 84 Canadian corporate, public and university pension plans, reported a one-year median return of […]
The British Columbia Investment Management Corp. is acquiring a significant minority stake in Waterlogic, a company that designs, manufactures, distributes and services purified drinking water dispensers. The investment is providing Waterlogic with capital to support growth and become a leader in bottleless workplace hydration. “We are pleased to be working alongside a talented management team […]
The Public Sector Pension Investment Board, along with Aviva Investors, is buying Galleri K, a real estate asset in Copenhagen, Denmark. The four-story building, which includes retail and leisure space, office space, storage and parking, is currently leased to many national and international brands. The deal builds on past co-investment partnerships between PSP Investments and […]
Oxford Properties Group, the real estate investment arm of the Ontario Municipal Employees Retirement System, and the Alberta Investment Management Corp. are planning to develop the area around a Mississauga, Ont. shopping centre into a mixed-use neighbourhood. The development is set to transform the 130-acre area around the Square One Shopping Centre into 18,000 residential […]