The Ontario Pension Board, which administers the province’s public service pension plan, had an annual investment return of 8.1 per cent at the end of 2016, an increase of nearly two percentage points compared to last year’s return of 6.14 per cent. Read: Ontario Pension Board earned 6.14% return in 2015 Net investment income during […]
Canadian pension plans’ love affair with foreign ports, particularly those in Australia but extending also to the United Kingdom and the Persian Gulf region, shows no signs of abating, with only an overheated market and a potential shortage of supply standing as roadblocks on the horizon. But with Canada’s federal government looking for pension funds […]
Earlier this month, about 20 teachers marched in front of the Ontario Teachers’ Pension Plan offices to protest their plan’s investments in fossil fuel assets, particularly what they believed to be a stake in the controversial Kinder Morgan pipeline in Alberta and British Columbia. “We sometimes hear from members about particular concerns they have, and in this case […]
A joint venture that includes the Canada Pension Plan Investment Board has acquired three student housing portfolios across the United States for more than $2.1 billion. Along with Singapore’s GIC Private Ltd. and student housing company the Scion Group, the CPPIB is investing in six properties located in the southern United States for $518 million and […]
The infrastructure investment manager of the Ontario Municipal Employees Retirement System has joined a consortium that’s investing in Britain’s largest water company. OMERS’ Borealis Infrastructure and Wren House Infrastructure Management Ltd., the infrastructure investing arm of the Kuwait Investment Authority, will be acquiring a 26 per cent stake in Kemble Water Holdings Ltd. from Macquarie Infrastructure […]
Institutional investors are turning to riskier assets for better returns in order to cope with the current environment of low yields and volatile markets, according to a new study by Natixis Global Asset Management. Its survey of 500 global institutional investors with $15.5 trillion in assets found while increasing their exposure to riskier assets, organizations are still […]
The Ontario Teachers’ Pension Plan has announced a new partnership with a U.S.-based developer of clean-energy transmission projects. The partnership with Wakefield, Mass.-based Anbaric will create a new development company, Anbaric Development Partners, with the aim of refreshing aging transmission networks in North America through clean-energy infrastructure projects. While the Anbaric management team will lead the […]
The Ontario Pension Board and its partner Cadillac Fairview are set to begin construction of a new 32-storey office tower at 16 York St. in Toronto. The building, comprising 879,000 square feet of first-class office space, three underground parking levels with nearly 300 parking stalls and ground level retail space, is slated to open June […]
The Caisse de dépôt et de placement du Québec has invested $90 million in part of the construction of the Mont Sainte-Marguerite wind farm in the Chaudière-Appalaches region of Quebec. The project is being developed by Pattern Energy Group LP, along with three local municipalities: Sacré-Coeur-de-Jésus, Saint-Sylvestre and Saint-Séverin. The completed wind farm will have 46 turbines […]
Investors have long had a fascination with emerging markets and their prospect for higher growth rates, leading to a variety of investments in everything from bonds and equities, both public and private, to real estate, infrastructure and agriculture. Emerging market equities haven’t delivered on their expected promise, underperforming developed markets in the five-year period ending December 2016. […]