The Alberta Investment Management Corp., an investment firm buying a stake in the Coastal GasLink pipeline, says it remains “committed” to the deal despite protester blockades that have shut down railway lines in parts of Canada and threaten to inflict damage to the Canadian economy. The AIMCo, which looks after more than $115 billion in […]
Against a backdrop of uncertainty, the OPSEU Pension Trust is guided by an investment strategy with certainty at its core. In 2015, the plan introduced what it calls a member-driven investing strategy, which is all about efficient risk allocation and earning the returns required to pay pensions at the lowest possible risk. “That’s different from […]
The infrastructure arm of the Ontario Municipal Employees Retirement System and the EQT Infrastructure IV fund are jointly purchasing German fibre technology company Deutsche Glasfaser Holding. Deutsche Glasfaser provides fibre infrastructure to underserved rural and suburban German communities. The company intends to ramp up its offerings to deploy large scale fibre-to-the-home internet access in rural German regions. […]
The investment industry has been talking a lot about our position in the economic cycle and our proximity to a recession. In fact, I wrote about it last year with respect to interest rates and the economy. The current situation remains somewhat tenuous, with ever-present geopolitical tensions, rising populism (and hence protectionism), slowing global economic growth, monetary […]
The OPSEU Pension Trust, alongside Bruc Iberia Energy Investment Partners and Green Investment Group, are acquiring two solar photovoltaic power plants that are currently under construction in Spain for about €65 million. The plants, which are set to be operational by the third quarter of 2020, will have a combined capacity of 100 megawatts and are located in Alvarado-La Risca in […]
The current market environment continues to push institutional investors into alternative assets, seeking both yield and diversification, but not all options are created equal. Hedge funds, according to JP Morgan’s alternative asset outlook, will gain further traction as new technologies capture investor attention in 2020. “As tech spending continues across industries, our managers anticipate opportunities as […]
Canadian pension funds’ median allocations to infrastructure are higher than their global counterparts, with these allocations increasing significantly since 2010. In fact, according to data provided to the Canadian Investment Review by Preqin Ltd., the median allocation to infrastructure for a global public plan was 1.7 per cent in 2010, while a Canadian public plan’s allocation was four […]
The Ontario Teachers’ Pension Plan is selling minority interests of its indirect stake in the Brussels Airport to Japan’s Government Pension Investment Fund and NSW Treasury Corp., or TCorp, the financial services provider used by the New South Wales public sector in Australia. The Ontario Teachers’ remains the largest individual shareholder in Brussels Airport. “As a […]
The Laborers’ International Union of North America’s Central and Eastern Canada Pension Fund and Freed Developments Ltd. are jointly acquiring a mixed-use site in Toronto. Fengate Asset Management Ltd. is managing the purchase on behalf of the LiUNA, taking on 21,853 square metres in real estate from Allied Hotel Properties Inc. Currently, the site holds a six-story hotel and […]
Sun Life Financial is set to take an 80 per cent stake in investment manager InfraRed Capital Partners. Headquartered in London, England, InfraRed manages global infrastructure and real estate investments. The transaction includes a closing payment of about $515 million, with InfraRed’s owners maintaining an option to sell their remaining positions in the company to […]