Global institutional investors are more trusting of the financial services sector than their retail counterparts, according to a new survey by the CFA Institute. The survey, which polled more than 800 institutional investors and about 3,000 retail investors, also found institutions are more trusting of every industry in which they might invest. The majority (85 per cent) of […]
Fiera Capital Corp. is scooping up the business of CGOV Asset Management, an Ontario-based investment management firm that focuses on institutional investors. As of Dec. 31, 2017, CGOV reported about $5.3 billion in assets under management. Upon completion of the deal, Fiera Capital will become the seventh-largest independent high-net-worth manager in Canada, with total private wealth assets under management exceeding $6 billion. […]
Fundamentals should drive decision-making.
Net returns in defined benefit pension plans were higher than net returns in defined contribution plans by an average of 0.46 per cent annually over the last 10 years, according to new research by CEM Benchmarking Inc. That compares to the 1.8 per cent difference the last time the organization compared the performance, for the period […]
Scotiabank is acquiring independent investment firm Jarislowsky Fraser Ltd. for approximately $950 million. The transaction will create the third-largest active asset manager in Canada with $166 billion in managed assets, according to a press release. The purchase will be made mostly through the issuance of Scotiabank common shares, and the company will offset the dilution of them […]
The OPSEU Pension Trust has completed the 1,000th trade from its in-house trading floor, which was launched in June. The decision to manage a large portion of public market assets in-house was part of the fund’s implementation of its member-driven investment strategy, notes a press release. “The reporting and reconciliation aspects of in-house trading are […]
To move beyond the limitations that can arise from a domestic investment approach, there are compelling reasons for institutional investors to look beyond North America. A global approach to infrastructure investing can provide multiple benefits to investors, including global demand for infrastructure, enhanced diversification and significant deal flow. 1. Global demand for infrastructure Globally, there […]
If you want something done right, do it yourself. This cliché rings true for more and more pension funds worldwide. Looking to save on investment fees, they’re managing ever-larger chunks of their assets in-house. Last year, 81% of pension funds around the world said they plan to increase the portion of assets they run internally […]
Private equity firm TA Associates has agreed to acquire Frank Russell Company’s asset management business, Russell Investments, from London Stock Exchange Group (LSEG) for US$1.15 billion.
Asset class boundaries have blurred and that means investors may need to take a different approach to asset allocation, a Unigestion report says.