While the integration of environmental, social and governance factors is becoming more prevalent in discussions about institutional investing, there’s more work to do when it comes to alternative investments. “Private equity is all about value creation,” said Martha Tredgett, Canadian representative for LGT Capital Partners Ltd., during an event hosted by the Canadian chapter of […]
The Canadian Coalition for Good Governance, an organization consisting of institutional investors, has released a guide for company boards seeking to oversee environmental and social issues within their investments. The guidebook offers 29 recommendations covering eight key governance areas, aiming to help boards effectively oversee company disclosure of environmental and social matters. “Companies and investors around the […]
As the May 31 deadline approaches for Kinder Morgan Canada Ltd. to abandon the Trans Mountain pipeline expansion, federal Finance Minister Bill Morneau is suggesting other investors, including pension plans, should be looking to enter the project. While the premiers of British Columbia and Alberta remain at odds over the pipeline, Morneau told reporters at […]
The Caisse de dépôt et placement du Québec and the Ontario Teachers’ Pension Plan are part of a consortium of investors acquiring global energy service provider Techem GmbH. Joined by private equity firm Partners Group and Techem’s management team, the consortium is buying the Germany-based company from Macquarie European Infrastructure Fund 2, which acquired it in […]
Global institutional investors’ assets under management rose 7.3 per cent in 2017 to US$36.2 trillion, the largest increase in five years, according to the Official Monetary and Financial Institutions Forum. The London, England, and Singapore-based independent think-tank’s report tracks 750 global public pension, sovereign funds and central banks, holding assets equivalent to 45 per cent of the […]
The Caisse de dépôt et placement du Québec is increasing its stake in Chicago-based Invenergy to a 52.4 per cent ownership of the company. The company has developed renewable energy projects producing about 14,000 megawatts of power, including wind and solar power generation facilities, as well as advanced energy storage, around the world. “CDPQ is leading […]
A large majority (91 per cent) of institutional asset owners either have some allocation to a smart beta strategy, have evaluated the concept or are planning to evaluate it in the coming 18 months, according to FTSE International Ltd.’s latest survey on the area. “With five years of results for our global smart beta survey, we are […]
With no standardized system in place for measuring company activities, it has historically been a challenge for institutional investors to assess their climate-related impact. The task force on climate-related disclosures is aiming to change that by creating a knowledge hub that encourages companies to improve how they disclose activities that affect the climate. The hub includes […]
The carbon footprint of Bâtirente’s overall equities portfolio is 35 per cent lower than its benchmark, according to a report by the Quebec-based pension fund. The report also shows that the carbon footprint for Bâtirente’s three equity funds — global, small-cap and Canadian — is lower than their respective benchmarks. In the case of the small-cap fund, it […]
On a global scale, regulatory rumblings are growing louder on single-use plastics, highlighting potential risks and opportunities within the plastics supply chain for institutional investors to consider, according to a recent report by Schroder Investment Management Ltd. As plastics move from being an “ecological concern to economic driver,” the report seeks to identify some of the […]