Though financial markets were volatile and bond yields dropped, Canadian defined benefit pension plans benefited from higher asset returns in November, with median solvency standing at 100.6 per cent, according to Aon’s monthly survey. Among the plans surveyed, 48 per cent were more than fully funded, down just 0.2 percentage points from the end of […]
Emerging market equities are expected to show the heftiest returns in 2019, underpinned by a stronger economic background, said William Yun, executive vice-president at Franklin Templeton Multi-Asset Solutions, at an event in Toronto on Tuesday. While the asset class is still muted compared to returns 20 years ago, the investment firm is working with the forward-looking outlook that emerging market […]
While many investors expect the U.S. bull market to end in 2019, some institutional investors are planning changes to their allocation strategy or return assumptions, according to a new survey by Natixis Investment Managers. The survey found about two-thirds of institutional investors expect the U.S. bull market to end in 2019, while 70 per cent […]
A coalition of investors is asking North American fossil fuel producers to up their disclosure on water risks. The Shareholder Association for Research and Education is teaming up with the U.S.-based Interfaith Center on Corporate Responsibility to send a letter to 30 companies requesting they participate in a water questionnaire from the Carbon Disclosure Project, a […]
“Knowledge is knowing that tomatoes are fruit — wisdom is knowing that you shouldn’t put them in the fruit salad.” It’s a quote that is particularly apt in today’s, markets, according to Trevor Leydon, head of portfolio construction & risk, Aviva Investors. Indeed, in a market environment that has been shaped by central bank intervention […]
The Canada Pension Plan Investment Board is investing about $665 million in an American packaging supplier as part of a recapitalization deal with private equity firm Oak Hill Capital Partners. Berlin Packaging sells plastic, glass and metal containers and provides warehousing and logistical services. Read: CPPIB partners to capitalize European logistics venture “Berlin Packaging is a market leader […]
The Canada Pension Plan Investment Board is buying shares in ChargePoint Inc., an electric vehicle infrastructure company, as part of a US$240 million funding round led by Quantum Energy Partners. “ChargePoint provides an attractive opportunity to invest in a market-leading business with room for expansion that aligns with our growing focus on the energy transition,” said Avik […]
The Public Sector Pension Investment Board is acquiring a 49 per cent interest in a U.S. wind facility through its existing stake in renewable energy company Pattern Energy Group Inc. Pattern Energy Group has agreed to pay $23 million to private affiliate Pattern Energy Group 2 LP for a 35 megawatt-owned interest in a wind farm based in Stillwater […]
While global institutional investors’ ability to analyze fixed income products on environmental, social and governance factors is growing, the supply of socially or eco-savvy bonds isn’t keeping up with demand, according to new research by Cerulli Associates. “Cerulli research shows an increase in demand for ESG in all segments of the fixed-income market,” said André Schnurrenberger, […]
Though President Trump hasn’t been successful in following through his promise to construct a wall on the border between the United States and Mexico, he’s certainly stoked serious divisionism, with signals popping up the world over that nations are tugging on their drawbridges where trade, migration and other economic activities are concerned. Whether it’s the […]