The Ontario Municipal Employees’ Retirement System is appointing Alexander Fraser as executive vice-president and global head of private equity, effective March 17. He’ll succeed Michael Graham, who retired from the position earlier this year, and will oversee the OMERS’ global private equity business, which manages roughly $27.5 billion in assets. Most recently, Fraser was a […]
The Canada Pension Plan Investment Board is appointing Ben Meng as managing director and head of investment portfolio management, effective immediately. Most recently, Meng was executive vice-president, chair of Asia-Pacific and the executive sponsor of sustainability at Franklin Templeton. Prior to that, he was chief investment officer at the California Public Employees’ Retirement System. Read: […]
The OPSEU Pension Trust is reporting a return of 9.6 per cent in 2024, according to its latest year-end report. It found, as at Dec. 31, 2024, the plan’s net assets stood at $26.8 billion, up from $25 billion in 2023. The organization also reported a funded status of 100 per cent for the 16th […]
The Healthcare of Ontario Pension Plan is reporting a 9.7 per cent return as at Dec. 31, 2024, with net assets increasing to $123 billion, up from $112.6 billion in 2023. Public equities (17.9 per cent) and private equities (17.9 per cent) accounted for the highest returns in 2024 within the HOOP’s portfolio. Infrastructure (12.3 […]
Canadian government bond yields declined further in February based on the impact to growth from tariff policy from the U.S. on Canadian exports materializing, according to a new report from FTSE Russell. Tariff risk is weighing down the entire Canadian segment including government bonds and Canadian credit. However, the risk that reciprocal tariffs may push […]
The Workplace Insurance and Safety Employee Trust is reporting a net return of 11.3 per cent for fiscal 2024, with the WSIB Employees’ Pension Plan’s net assets increasing to $4.46 billion. The trust attributed the result to its collaborative partnership with the Investment Management Corp. of Ontario, which acts as the trust’s exclusive investment manager […]
In the social media age, it’s easier than ever to lose perspective on events and even institutional investors are susceptible to overreaction amid the avalanche of news and speculation that surrounds the second Trump administration, tensions in the Middle East and shifting market dynamics. But Nick Chamie, chief strategist and senior managing director of total […]
In the face of uncertainty around the business and political relationship between Canada and the U.S., Canadian institutional investors aren’t considering allocation strategy changes just yet. Kim Hart, principal investment consulting at Eckler Ltd., says immediate discussions with Canadian plan sponsors show they aren’t looking to move away from U.S. investments or to decrease allocations […]
The Ontario Municipal Employees’ Retirement System is reporting a return of 8.3 per cent as at Dec. 31, 2024. The investment organization surpassed its 7.5 per cent benchmark for 2024 by achieving $10.6 billion in investment returns during the year. Its net assets grew from $128.6 billion in 2023 to $138.2 billion at the end […]
The Caisse de dépôt et placement du Québec is selling 2.5 million shares in Intact Financial Corp. for a gross price of $278.60 per share. The transaction is expected to produce gross cash proceeds of roughly $696,500,000 from the offering. Overall, the deal represents 1.4 per cent of the issued and outstanding common shares in […]