The Caisse de dépôt et placement du Québec posted a 3.3 per cent average return for the first half of 2018, adding $9.8 billion since the end of 2017 and bringing its net assets to $308.3 billion as of June 30, 2018. “The market environment became more complex in the first half of the year,” said Michael Sabia, […]
The Canada Pension Plan Investment Board, the Alberta Investment Management Corp. and the WPT Industrial Real Estate Investment Trust are joining forces to aggregate a portfolio of U.S. industrial properties in key logistics markets. “The combination of AIMCo and CPPIB’s scale and sophistication creates a long-term opportunity that will meet the needs of our clients and stakeholders,” said […]
The Canada Pension Plan Investment Board is acquiring a stake in Swiss sports data firm Sportradar. The CPPIB is making the acquisition, from Swiss private equity firm EQT Partners and other minor stakeholders, alongside growth equity firm TCV. The stake is valued at about $3.1 billion. “The sports data market, particularly real-time data, is a compelling long-term investment […]
Vestcor Investment Management Corp. posted an eight per cent return on total assets under active management in 2017, up from 6.2 cent the year before. Formerly the New Brunswick Investment Management Corp., Vestcor provides administration services for 11 public sector pension plans, as well as global investment management services to nine public sector clients with […]
Following a strong 2017, the early February selloff and subsequent quick rebound, investors are rethinking their strategy as they face a mature bull market, according to a release from Schroders. “We still feel that we are in an environment that is supportive of taking risk, it’s just that it won’t be as supportive as it was last year,” […]
Canada and the world enjoyed a particularly strong economic performance last year. In Canada, the unemployment rate fell to just 5.7 per cent at the end of December, while the World Bank estimates the global economy grew by three per cent last year. So with those positive results in mind, what should institutional investors keep […]
The Alternative Investment Management Association’s chief operating officer James Burron is leaving the organization to start a new, “complementary” alternative investment association. After more than six years at AIMA, Burron is launching the Canadian Association of Alternative Strategies and Assets with Caroline Chow, a former AIMA associate who left the organization in December. Originally, the two intended to […]
The Caisse de dépôt et placement du Québec’s real estate subsidiary is investing $200 million in a Montreal commercial real estate project. As part of the Projet Nouveau-Centre, a $1-billion revitalization plan for the city’s downtown, the funds invested by Ivanhoé Cambridge will go towards the renewal of the Esplanade and the commercial spaces at Place Ville Marie. […]
The median solvency ratio for Canadian defined benefit plans rose to 100.7 per cent in October as equity markets continued to rally, according to Aon Hewitt’s monthly median solvency ratio survey. The figure is 1.4 percentage points higher than the beginning of October and the highest level since the survey recorded 102 per cent in 2002. Of surveyed plans, […]
The Ontario Teachers’ Pension Plan is selling part of its stakes in Britain’s Birmingham and Bristol airports to two Australian entities, the New South Wales Treasury Corp. and Sunsuper superannuation fund. TCorp and Sunsuper will each buy 15 per cent of Bristol Airport with Ontario Teachers’ retaining a 70 per cent stake. As for Birmingham Airport, Ontario Teachers’ will retain […]