The assets under management of the world’s 100 largest asset owners totalled US$26.3 trillion as of the end of 2023, up 12.3 per cent from the previous year, according to a new report by WTW’s Thinking Ahead Institute. It found, as of Dec. 31, 2023, the top 20 assets owners made up 55.6 per cent […]
Rising food, energy and housing prices aren’t just pocketbook issues for consumers or election fodder for politicians, they’re also social risk factors, indicators of a country’s economic health and highly important to bond investors, said Reina Berlien, head of environmental, social and governance at Brandywine Global Investment Management. While ESG factors may not seem important […]
As global markets navigate turbulent economic waters, active management is proving once again to be a lifeline for institutional investors to ensure their portfolios ride out the storm. Pension funds are currently operating amid uncertainty and potential risk, says Ruslan Goyenko, an associate professor of finance at McGill University’s Desautels Faculty of Management. “There are […]
If Irish economist David McWilliams is to be believed, overconfident fools are tampering with the global economy. “If I were an American, Canadian or — God forbid — a British economist, . . . I’d come here today armed with graphs and charts and all that malarkey,” he said during the keynote session at the […]
There’s a distinct window of opportunity for institutional investors to generate attractive risk-adjusted returns through refurbishing brown buildings in Europe to make them operationally carbon neutral, said Lucy Swinton, investment director at Fidelity International, during the Canadian Investment Review’s 2023 Global Investment Conference. Environmental, social and governance — particularly the ‘E’ aspects — is increasingly becoming a disruptive […]
The Public Sector Pension Investment Board is appointing Oliver Duff as senior vice-president of global head of credit investments. Duff joined PSP Investments in 2016 and was previously the organization’s managing director of private debt. Prior to joining the PSP, he was the global head of leveraged finance and European head of capital financing at HSBC Bank. The […]
BMO Financial Group expects North American economies will go through a shallow recession in 2023, according to Douglas Porter, the bank’s chief economist and managing director, during a session at the Canadian Investment Review‘s 2022 Defined Benefit Investment Forum. “I would give it a 25 per cent chance that central banks can still negotiate this without one. […]
The market value of assets held by Canadian trusteed pension funds increased 4.2 per cent to $2.27 trillion in the fourth quarter of 2021, up from $2.18 trillion in the previous quarter, according to new data from Statistics Canada. Within trusteed plans, public sector assets grew five per cent to $1.78 trillion, accounting for 78 per cent […]
The Canada Pension Plan Investment Board is promoting Priti Singh to senior managing director and global head of capital markets and factor investing, effective May 2, 2022. In the new role, Singh will be responsible for leading the external portfolio management, active macro and quantitative strategies and risk premia groups. She takes over from Poul Winslow, […]
The Ontario Teachers’ Pension Plan is selling Aurora Plastics, an Ohio-based plastics manufacturer, alongside its co-owner, Chicago-based private equity firm Wild Point Partners. The pension fund purchased its stake in the firm, which produces custom rigid polyvinyl chloride powders, pellets, foams and alloys for small-and medium-sized manufacturers, in 2016. At the time, it had facilities in […]