Asia-Pacific – Benefits Canada.com

How are political tensions between Canada, India impacting institutional investors?

bmcgovern — Thu, 31 Oct 2024 15:00:50 +0000

While political tensions have recently flared between Canada and India, institutional investors are unlikely to adjust their capital allocation to the country, says Partha Mohanram, John H. Watson chair in value investing at the Rotman School of Management at the University of Toronto. “I don’t [have] any indication that you’re going to see any kind […]

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Caisse investing in U.S.-based utilities firm, BCI backing acquisition of India-based communications infrastructure provider

bmcgovern — Fri, 20 Sep 2024 19:00:21 +0000

The Caisse de dépôt et placement du Québec is buying a 30 per cent indirect stake in the Ohio subsidiary of energy firm AES Corp. for nearly US$546 million. This is the Caisse’s second investment in the utilities company, after first investing in AES Indiana. The investment doesn’t grant the Caisse with a change in […]

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Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023

Sadie Janes — Wed, 18 Sep 2024 13:00:24 +0000

In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the end of 2022, according to a new report by WTW’s Thinking Ahead Institute. It found the top 20 largest global pension funds’ AUM increased by 12 per cent during the […]

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Caisse investing in Quebec-based energy company, CPPIB buying stake in data centre operator

bmcgovern — Fri, 06 Sep 2024 19:00:41 +0000

The Caisse de dépôt et placement du Québec is investing $575 million in Montreal-based natural gas company Énergir. The investment, which will be made in partnership with the Fonds de solidarité FTQ, is designed to fund a decarbonization and resilience strategy at Énergir and will fund renewable energy projects and renewable natural gas production plants, according […]

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Canadian pension funds invest $2.6 billion in Asia-Pacific region in 2023: report

bmcgovern — Mon, 03 Jun 2024 19:00:48 +0000

Canadian pension funds invested $2.6 billion in the Asia-Pacific region in 2023, according to a new report by the Asia Pacific Foundation of Canada. It found that between 2003 and 2023, roughly 30 per cent of all Canadian investment flows in the Asia-Pacific region were made by pension funds, noting investment flows began growing in the […]

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Ontario Teachers’ considers selling seniors’ residence operator, Ivanhoé Cambridge forms Australian student housing joint venture

bmcgovern — Fri, 19 Apr 2024 19:00:26 +0000

The Ontario Teachers’ Pension Plan is considering selling Amica Senior Lifestyles in a deal that could be worth $5 billion, according to report by Bloomberg. The Ontario Teachers’ acquired the senior luxury residence operator in 2015 through a transaction by its subsidiary BayBridge Seniors Housing Inc., which includes more than 30 assets in British Columbia and Ontario. […]

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AIMCo opening first Asia office in Singapore, remains leery of China

Sadie Janes — Wed, 13 Sep 2023 19:00:43 +0000

The Alberta Investment Management Corp. is opening its first Asian office, but the Edmonton-based investment organization says it will steer well clear of China to focus instead on markets with less geopolitical risk. The official opening of the AIMCo’s new Singapore office marks the first foray into the Asia-Pacific region for one of Canada’s largest institutional investors, with $158 billion of assets under management as of 2022. Evan Siddall, chief executive officer of the AIMCo, […]

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Asset managers anticipating short-term growth: survey

Gideon Scanlon — Thu, 29 Jun 2023 16:30:27 +0000

More than four-fifths (84 per cent) of asset managers expect their firms will grow over the next 18 months, according to a new survey by Northern Trust Corp. in partnership with Coalition Greenwich. The survey, which polled based 150 asset managers in the Asia-Pacific region, Europe and North America, found European respondents were most optimistic […]

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Ontario Teachers’ appointing Bruce Crane as executive managing director, head of Asia-Pacific

bwolfe — Wed, 28 Jun 2023 19:00:36 +0000

The Ontario Teachers’ Pension Plan is appointing Bruce Crane as executive managing director and head of Asia-Pacific, effective immediately. He will lead investment activities and portfolio management across the Ontario Teachers’ offices in Hong Kong, Mumbai and Singapore. Crane joined the pension fund in 2020 as its first employee in the Singapore office. In the new […]

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AIMCo appointing Kevin Bong as chief investment strategist, head of Singapore

bwolfe — Wed, 31 May 2023 19:00:31 +0000

The Alberta Investment Management Corp. is appointing Kevin Bong as chief investment strategist and head of Singapore, effective Aug. 14. In the new role, he’ll be responsible for setting the investment organization’s overall investment strategy, including total portfolio management, dynamic and tactical allocation, currency and cash management, with a focus on geographic diversification and thematic […]

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