The Ontario Municipal Employees Retirement System returned 15.7 per cent for 2021, a significant increase on its 2020 return. In its annual report, the OMERS said four key factors drove the outperformance relative to its benchmark, which was 6.6 per cent — its portfolio of public equities returned 20.7 per cent; its private equity businesses grew […]
The Alberta Investment Management Corp. is appointing Sandra Lau and James Barber as co-chief investment officers, effective March 1. The pair will succeed Dale MacMaster, who is retiring from the organization after 23 years. Lau will also be head of public investments, responsible for bringing together fixed income, mortgages and public equities, while Barber will be […]
A pair of stories on employee burnout and the ‘Great Resignation’ took the top spots over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Expert panel: How employers can help employees struggling with burnout 2. How can employers turn the ‘Great Resignation’ tide? 3. Employers expanding equity compensation programs to […]
The Caisse de dépôt et placement du Québec saw overall returns of 13.5 per cent in 2021, its best performance since 2010. By the end of last year, the institutional investor’s managed assets reached $419.8 billion, up from $342 billion at the beginning of the year. The Caisse exceeded its own performance expectations by about […]
A consortium including several of Canada’s largest institutional investors is acquiring an Australian energy network. The Alberta Investment Management Corp., the Healthcare of Ontario Pension Plan, the Investment Management Corp. of Ontario and the Public Sector Pension Investment Board have joined a consortium acquiring AusNet Services Ltd. The company, which has infrastructure assets worth about […]
Nearly two years after the declaration of the global coronavirus pandemic and its subsequent impact on the worldwide economy, institutional investors are looking to the future with cautious optimism. Amid a recovering economy and rising inflation, pension plan sponsors are taking a long-term investment view and staying the course in the year ahead, while incorporating […]
The Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board are part of a consortium acquiring an Australian infrastructure investment fund. The consortium, which also includes KKR, paid A$5.2 billion ($4.6 billion) to acquire all outstanding equities in Spark Infrastructure. The deal has been approved by Australian regulatory authorities. Spark’s assets provide electricity […]
Canadian pension funds are generating value by investing in green urban real estate using a two-pronged strategy, according to a paper on the Social Science Research Network. “Through this model of impact investing, Canadian pension funds create the value from the ground up and drive the sustainable development of large cities,” wrote authors Sebastien Betermier, […]
As has been the case for the past couple of years, we’re ending 2021 with as many questions as answers. On the surface, economic conditions seem to be improving, at least in Canada. National unemployment dropped to six per cent in November, the economy began to grow again after some coronavirus pandemic restrictions eased and […]
Almost three-quarters (73 per cent) of global institutional investors expect interest rates to rise in 2022, according to a new outlook survey by Natixis Investment Managers. Concern about rising interest rates were also reflected in responses to questions about investment decision-making, with 71 per cent of respondents saying they believe the stock market’s current rate […]