Often considered a market difficult for institutional investors to enter, China is “too big to ignore,” according to one China expert. Fortunately, many signs point to the market becoming more attainable. Speaking at an event hosted by Mackenzie Investments at the National Club in Toronto on Tuesday, Tony Tang, chief executive officer of China Asset Management […]
Four years ago, some investors were hesitant to invest in India due to poor economic fundamentals, currency depreciation and government bureaucracy. But while many hit pause on making investments, long-term institutional investors like the Canada Pension Plan Investment Board ignored the pessimism and started putting plans in motion for future ventures. “Before [Prime Minister Narendra] […]
La Caisse de dépôt et placement du Québec has posted a return of five per cent for the first half of 2017 and a five-year annualized return of 10.6 per cent. The return, which is for the six months ended June 30, 2017, represents an improvement from the same period last year when the Caisse […]
The Canada Pension Plan fund’s net assets increased to $326.5 billion at the end of the first quarter of fiscal 2018, compared to $316.7 billion at the end of fiscal 2017. The $9.8-billion rise in assets for the quarter ended June 30, 2017, consisted of $5.7 billion in net income after all Canada Pension Plan […]
The Caisse de dépôt et placement du Québec will acquire a minority stake in Sebia, a French in-vitro diagnostics company, from two European private equity investors. The Paris-based company focuses on oncology, genetic haemoglobin and metabolic disorders, as well as multiple myeloma diagnostics. With support from the Caisse, it intends to continue the global expansion […]
And investor group that includes the Ontario Teachers’ Pension Plan Board has completed its acquisition of a majority of the outstanding equity interests in global human resources company CareerBuilder. The transaction, which is in partnership with affiliated funds of Apollo Global Management, was announced in June. CareerBuilder’s current owners, Tegna Inc., Tribune Media Co. and […]
A blend of fiscal and monetary policies and reforms meant to give the Japanese economy a kick-start seems to be working and has improved the outlook for the country’s equity market, according to a new report by Unigestion. It noted that so-called Abenomics, the mix of policy measures introduced four years ago by Japanese Prime […]
The Ontario Teachers’ Pension Plan is acquiring a Spain-based funeral services company. On Monday, investment manager 3i Group announced it was selling Memora Funeral Services to Ontario Teachers’ for $170 million. The company has 115 parlours, 24 crematoriums, 13 cemeteries and 91 retail outlets in southwestern Europe. “Memora presents a unique opportunity to invest in a sector […]
For years, Canadians have faced calls to invest overseas given the narrowness of the Canadian equity market and the relatively small proportion of global gross domestic product Canada represents. Publicly listed Canadian companies have ranged between three and five per cent of global GDP, and yet Canadian investors’ allocations to Canadian equities have historically been […]
The Public Sector Pension Investment Board has launched a European hub focused predominantly on private equity, private debt, infrastructure and real estate. The London, England-based office, which has 28 professionals, is part of an effort aimed at strategic, industry-specialized investments across Europe, according to a news release. Read: PSP Investments’ assets generated 1% return in […]