Direct exposure to emerging market equities may not be the best way to capture the growth potential of those economies. Instead, investors looking for the advantages of emerging market exposure should consider achieving it through holding companies based in developed economies that do business with emerging markets, according to a paper by Joon Woo Bae, […]
The Ontario Teachers’ Pension Plan has released its first climate change report. Written following the recommendations of the Financial Stability Board’s task force on climate-related financial disclosure, the report outlined the plan’s governance approach and strategy with regard to climate change. “Climate change is one of the biggest and most daunting challenges facing the world.” […]
With many Asian countries in need of private infrastructure investors, one way to make it more attractive to investors is by sharing some of the additional tax revenue created by these projects, says Naoyuki Yoshino, dean and chief executive officer of the Asian Development Bank Institute. In the past, infrastructure returns were generated from user […]
Indian-based infrastructure conglomerate IndInfravit Trust, whose owners include the Canada Pension Plan Investment Board and the infrastructure investment arm of the Ontario Municipal Employees’ Retirement Plan, is buying nine operational road projects from Sadbhav Infrastructure Project Ltd. The portfolio of roads, which was valued at more that $66 million rupees, or about $1.2 billion, includes seven toll roads […]
Oxford Properties Group, the global real estate arm of the Ontario Municipal Employees’ Retirement System, released its initial designs for the planned Union Park development in downtown Toronto. The four acre site, located just north of the city’s CN Tower, is set to become a 4.3 million square foot mixed-use space. The project, once completed, […]
A thick fog is clouding institutional investors’ efforts to gain clarity on the global market outlook, but certain key themes are peeking through, according to Manulife Investment Management’s mid-year report. Geopolitical unrest continues to be a cause for concern, the report noted. The escalation of trade tensions between the U.S. and China could point to a […]
The Desjardins Group pension plan is acquiring a portion of EDF Renewables Canada Inc.’s stake in the Cypress Wind Project, pending the completion of its construction and other terms and conditions. Located southeast of Medicine Hat, Alta., the project will include 48 turbines with a combined capacity of 201.6 megawatts. Construction is expected to start in […]
The Desjardins Group Pension Plan is set to acquire a portion of EDF Renewables Canada Inc.’s stake in the Cypress Wind Project, pending the completion of its construction and other terms and conditions. Located southeast of Medicine Hat, Alta., the project will total 48 turbines with a combined capacity of 201.6 megawatts. Construction is expected […]
The Caisse de dépôt et placement du Québec is partnering with private equity firm Australis Partners and the International Finance Corp., a part of the World Bank Group, to acquire 50 per cent stakes in Colombia-based Alianza Fiduciaria and Alianza Valores. Both firms are owned by Advent International, a British private equity firm. Alianza Fiduciaria is a […]
The Public Sector Pension Investment Board reported a net return of 7.1 per cent at the end of its last fiscal year, ending March 31, 2019. The fund increased its overall assets under management by 9.7 per cent, jumping from $153.1 billion to $168 billion, including the $3.7 billion the fund received in net contributions. […]