Whether plan sponsors expect a bear or a bull market in 2018, if they’re in a position to de-risk their pension plan, they should do it now, according to two investment consultants who spoke at an event in Toronto on Thursday. “From our perspective, if you look at the world over the last six years, […]
Canada’s economic boom in 2017 surprised economists and supported strong labour numbers. Yet, inflation also remained dormant, “which created this Goldilocks environment and, therefore, very strong financial market returns for the year,” says Luc de la Durantaye, the head of asset allocation and currency management at CIBC Asset Management Inc. That won’t be the case […]
The Canada Pension Plan Investment Board has partnered with Britain’s Lendlease Group to launch a build-to-rent investment partnership. The partnership, which has an initial target to invest 1.5 billion pounds ($2.6 billion) in the sector, will begin with an investment of about 450 million pounds ($772 million) in the development of a new phase of homes in London’s Elephant and […]
The Canada Pension Plan Investment Board is forming a joint venture with real estate developer Cortland Partners and global investment firm GIC Private Ltd. to invest US$550 million in the acquisition and renovation of nearly 10,000 multifamily units in the United States. The CPPIB and GIC will each own a 45 per cent interest in the joint […]
Sun Life Global Investments Inc. has completed its purchase of Excel Funds Management Inc. and Excel Investment Counsel Inc. The company originally announced the acquisition of Excel Funds, an investment manager that specializes in emerging markets funds, in September and completed the purchase on Jan. 2, 2018. Read: Sun Life subsidiary to acquire emerging market manager The […]
When it comes to the most popular investment stories of the year, Benefits Canada‘s biannual top money managers’ rankings were at the top of the list in 2017, with many readers also interested in the affect on pension plans of the Canadian dollar’s rise and interest rate boosts. Benefits Canada rounds up your favourite investment stories of 2017: […]
The Canada Pension Plan Investment Board is making an initial investment of $272 million as part of a joint venture focusing on investments and developments in Brazil’s power generation sector. The partnership, with Brazilian energy company Votorantim Energia, a subsidiary of the Votorantim Group, enables the CPPIB to “establish a footprint in the attractive Brazilian power […]
The Canada Pension Plan Investment Board is investing $320 million for a stake in Goodman Hong Kong Logistics Partnership. The partnership, which was founded in 2006, held over $4.7 billion in assets as of Sept. 30. This includes a 50 per cent stake in Hong Kong-based warehouse and distribution development Goodman Interlink, which is co-owned by the CPPIB. […]
Investors who are watching the Canadian equity market should prepare for a few more bumpy moments in 2018, according to Russell Investments Canada Ltd.’s 2018 global market outlook. While the firm’s strategists anticipate Canada will avoid a recession, investors will be keenly watching for the signs of one. Equities may have more room to grow in the first half of […]
The majority of global institutional investors anticipate 2018 will be a year of increasing volatility in both the bond (70 per cent) and stock (78 per cent) markets, according to Natixis Investment Managers. Its latest survey, which polled 500 institutional investors in North America, Latin America, Europe, Asia and the Middle East, found that 72 per cent of […]