asset managers – Benefits Canada.com

Three Canadian pension funds’ investments among the biggest mergers, acquisitions deals in Q4 2023: report

bmcgovern — Thu, 01 Feb 2024 16:00:29 +0000

A joint venture that saw the Canada Pension Plan Investment Board and Blackstone Inc. acquire a 20 per cent stake in a senior mortgage loan portfolio from the failed Signature Bank for US$1.2 billion was the biggest mergers and acquisitions transaction in the fourth quarter of 2023, according to a report by S&P Global Market Intelligence. […]

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Some institutional investors asking fund managers to release capital before committing to more funding

bmcgovern — Thu, 18 Jan 2024 14:00:23 +0000

Some institutional investors are telling private equity managers they’ll only commit to upcoming fund raises if their capital tied up in old funds is released, according to reporting by Bloomberg. Additional requests range from fee discounts and more co-investment opportunities to greater information rights and representation on committees, said the report, noting some are even […]

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HOOPP extending business partnership with Northern Trust

bmcgovern — Tue, 02 Jan 2024 16:00:39 +0000

The Healthcare of Ontario Pension Plan is renewing its relationship with wealth management firm Northern Trust Corp. as its asset servicing provider. The money manager will oversee global custody, foreign exchange and securities lending services for the pension plan’s $103 billion assets under management. “This decision is a testament to the successful relationship we have […]

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World’s 100 largest asset owners’ AUM down 9% in 2022: report

lbailey — Thu, 30 Nov 2023 14:00:54 +0000

The value of the total assets under management for the world’s 100 largest asset owners declined nine per cent to US$23.4 trillion as of Dec. 31, 2022, according to a new report by WTW’s Thinking Ahead Institute. Among these asset owners, pension funds retained 53 per cent of AUM, down from 60 per cent five […]

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Top money managers’ Canadian pension AUM up 7.7% year over year: report

Jennifer Paterson — Tue, 21 Nov 2023 16:00:32 +0000

The Canadian pension assets under management of the country’s top 40 investment managers increased by 7.7 percentage points over the previous year, from nearly $989 million at June 30, 2022 to more than $1 billion at June 30, 2023, according to the latest report by the Canadian Institutional Investment Network. The CIIN, which is a […]

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Survey finds 75% of global asset managers have an ESG policy

Jennifer Paterson — Mon, 13 Nov 2023 20:00:25 +0000

Environmental, social and governance considerations have gained traction in recent years with nearly 75 per cent of global asset managers saying they have an ESG policy and an equal percentage incorporating ESG considerations across their investment platforms, according to a new survey by investment consulting firm Callan. The inaugural study, which polled more than 1,200 […]

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World’s 500 largest asset managers’ AUM down 13.7% in 2022: report

bmcgovern — Thu, 02 Nov 2023 15:00:00 +0000

The value of the total assets under management for the world’s 500 largest asset managers reached US$113.7 trillion as of Dec. 31, 2022, down 13.7 per cent from the previous year, according to a new report by WTW’s Thinking Ahead Institute. In a press release, Jessica Gao, director of the Thinking Ahead Institute, said asset […]

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2023 GIC coverage: How Simon Fraser University is divesting global equities of fossil fuels

Gideon Scanlon — Tue, 06 Jun 2023 11:54:25 +0000

In December 2021, Simon Fraser University announced the global equity portfolios for its non-pension related funds — valued at $450 million — would divest from fossil fuel producers. Four months later, the three members of its treasury team, which is led by Jacky Shen, treasurer and director of investment at the university, announced it had […]

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2023 GIC coverage: How OPTrust is building resilient portfolios with help of external managers

lbailey — Tue, 06 Jun 2023 11:43:06 +0000

When investing in external asset managers, pension funds are really investing in teams of people, according to Brandon Gill New, director and head of multi-strategy investing and digital assets at the OPSEU Pension Trust, speaking during the Canadian Investment Review‘s 2023 Global Investment Conference. “It’s not like buying a stock or a bond,” she said, […]

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Revamping, retuning investment allocations at the ATCO’s pension plans

Jennifer Paterson — Fri, 10 Feb 2023 13:53:22 +0000

When Tye McAllister was in middle school, he received a life-changing gift from his father — The Wealthy Barber, a practical guide to financial planning by Canadian investor David Chilton. “Investing became a passion,” says McAllister, senior analyst of pension investments and treasury at ATCO Group of Companies. “I was always trying to pull together […]

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