Strong governance allowed the Colleges of Applied Arts and Technology pension plan to find success in private markets, according to Julie Cays, the plan’s chief investment officer. Before the CAAT plan hired its first CIO in 2004, it was using an outsourced chief investment officer-type model — although it didn’t use this term at the […]
The Canada Pension Plan Investment Board and the Public Sector Pension Investment Board are part of a group investing in a new US$350-million fund focused on artificial intelligence. Radical Ventures, the company launching the fund, is a venture capital firm that invests in entrepreneurs involved in technology aimed at developing AI products, or applying AI, to […]
Current economic factors like low bond yields, which make it quite difficult for pension plans to meet their long-term return requirements, are driving institutional investors to allocate more to alternatives, according to Jason Campbell, a principal at Eckler Ltd. “Growth in alternatives has been steady and quite significant,” he said during a Canadian Investment Review webinar on […]
After starting to manage funds for its first two clients, the Ontario Pension Board and the province’s Workplace Safety and Insurance Board, the Investment Management Corp. of Ontario has released its 2018 annual report outlining its progress. Though the investment results of its activities will be reported independently by its clients, the report delineated the specifics of […]
In the hedge fund market, customized products are growing in popularity, leading institutional investors to optimize existing relationships and strengthen partnerships with a more concentrated group of managers, according to a survey by Credit Suisse Group. The survey, which polled 310 global institutional investors, found 58 per cent of allocations made over the last 12 to 18 […]
The large majority of global investors in alternative asset classes believe the United Nation’s sustainable development goals are tools that can help the investment industry address urgent environmental and social issues, according to new research by LGT Capital Partners. In a survey of more than 200 institutional investors, including pensions, endowments and insurers from 28 countries, 91 per […]
Looks aren’t a solid basis on which to form a long-term relationship and neither is the surface-level appearance of a target-date fund. “In a perfect world, we would like our members to have a long-term relationship with a target-date fund we’re offering,” said Zaheed Jiwani, a principal at Eckler Ltd., at Benefits Canada‘s 2019 Benefits […]
Ivanhoé Cambridge, the Caisse de dépôt et placement du Québec’s real estate subsidiary, is expanding its logistics investments in the U.K. through the acquisition of four development projects through its partnership with British logistics and industrial property business PLP. The four sites, which have a combined land area of more than 130 acres, are located in […]
The Caisse de dépôt et placement du Québec and French utility company Engie are buying a combined 90 per cent stake in Brazilian oil and gas transportation network company Transportadora Associada de Gás S.A. for US$8.6 billion. The new arrangement, which gives Engie a 58.5 per cent stake in TAG and the Caisse the remaining 31.5 per cent, was the result […]
The Caisse de dépôt et placement du Québec is acquiring a 30 per cent stake in a subsidiary of U.S. communications infrastructure firm Vertical Bridge Holdings. Established in 2014, Vertical Bridge currently has more than 266,000 sites, including 16,000 towers it owns or master leases. The firm intends to use the investment to prepare for 5G deployment by […]