The Caisse de dépôt et placement du Québec is investing $250 million in Avison Young Inc. The investment will help speed up the global commercial real estate firm’s strategic growth plan, according to a news release. “Avison Young’s track record and experienced team speak for themselves: through a well-defined and executed business strategy, the company has grown […]
Connor, Clark & Lunn Financial Group Ltd. is forming Vergent Asset Management, an investment manager that will focus on frontier and emerging markets. Founded by managing partners Ali Al Nasser and Nemer Bechara, the investment team will be led by Nasser, who has 15 years of experience managing institutional capital across frontier markets. “We are pleased to […]
Tensions between China and the United States are heating up as the Trump administration proposed a 10 per cent tariff on $200 billion worth of Chinese goods last week. The U.S. is hitting China where it hurts, according to an economic insight report from Benjamin Tal, deputy chief economist of CIBC World Markets Inc., and Katherine […]
Some of the world’s major indexes are bringing Saudi Arabia’s public equities into the mix, a move that could alter the landscape for emerging market investments. As of June 2019, MSCI Inc. will include its Saudi Arabia index in the MSCI emerging markets index. The 32 securities from the country will make up a weight of approximately 2.6 per […]
The Ontario Municipal Employees Retirement System’s real estate arm is entering into a $1 billion co-investment in a British residential company. Oxford Properties Group, along with real estate investment firm Delancey and its client fund DV4 Ltd., are investing in Get Living, which is looking to build on its current assets of residential properties in […]
TD Bank Group is acquiring Greystone Capital Management Inc., the parent company of Greystone Managed Investments Inc., for $792 million. The agreement, which is subject to regulatory approval, comprises $730 million of enterprise value, about $105 million of seed capital and other net adjustments. Greystone Capital Management’s shareholders will receive 30 per cent of the net […]
Globally, sovereign investors have enjoyed the hefty returns stemming from almost a decade of charging equity markets, but they’re set to make major moves into alternatives going forward, according to Invesco’s latest study. The study, which surveyed 126 sovereign investors and central bank reserve managers representing $17 trillion in assets, found an average equity return of 8.7 per […]
Don’t expect most assets to blow the doors off in the later half of the year, according to the latest investment outlook from GLC Asset Management Group Ltd. The report recommends an overall neutral stance on markets going forward in 2018, calling for one per cent total returns for fixed income and single digits for equity price […]
Canadian defined benefit pension plans posted a higher median solvency ratio at the end of the second quarter of 2018 in comparison to earlier in the year, according to new data from Aon. The median solvency ratio reached 100.2 per cent, which was up from 98.7 per cent in the first quarter of the year. […]
Canada’s defined benefit pension plans saw continued improvements in their solvency positions during the second quarter of 2018, according to Mercer’s latest pension health index. Representing the solvency of a hypothetical plan, the index stood at 107 per cent as of June 29, 2018, up one percentage point from the end of the first quarter. […]