The Canada Infrastructure Bank has appointed Annie Ropar as its chief financial officer and chief administrative officer, effective June 1. In her duties as chief financial officer, Ropar will handle financial oversight of the bank’s activities, including implementation of key finance processes and controls, assessing performance and developing the framework for enterprise risk management. In […]
The infrastructure arm of the Ontario Municipal Employees Retirement System has entered an agreement to sell its stake in Airports Worldwide Inc., a portfolio of airport assets and management contracts. “OMERS first invested in AWW in 2009,” said Ralph Berg, executive vice-president and global head of infrastructure for OMERS Private Markets, in a press release. “We […]
The Public Sector Pension Investment Board is making a number of new investments, including acquiring a Quebec-based wind power facility and a portfolio of real estate in British Columbia and investing in a video telematics company from California. The pension fund, alongside Pattern Energy Group Inc., is acquiring Mont Sainte-Marguerite Wind, a 147.2 megawatt wind power facility outside […]
Following a strong 2017, the early February selloff and subsequent quick rebound, investors are rethinking their strategy as they face a mature bull market, according to a release from Schroders. “We still feel that we are in an environment that is supportive of taking risk, it’s just that it won’t be as supportive as it was last year,” […]
The OPSEU Pension Trust and partners are investing an additional one billion euros in Globalvia, an international infrastructure concession management company based in Madrid, Spain. Alongside Dutch pension fund Stichting Pensioenfonds Zorg en Welzijn (PGGM) and Britain’s Universities Superannuation Scheme, the OPTrust manages 27 projects in eight countries — Andorra, Chile, Costa Rica, Ireland, Mexico, Portugal, Spain […]
A 9.7 per cent net return for 2017 has helped the Ontario Teachers’ Pension Plan report a funded status of 105 per cent in its annual report. Among the highlights of the report was the plan’s intention to use its funding surplus as a contingency fund to support the long-term goal of maintaining steady contribution and benefit […]
The Caisse de dépôt et placement du Québec has appointed Emmanuel Jaclot as executive vice-president of infrastructure. In the new role, Jaclot will manage the Caisse’s infrastructure portfolio, which totals more than $16 billion in assets. He will also eventually head up CDPQ Infra, a subsidiary that’s responsible for developing and operating the pension fund’s infrastructure […]
Benefits Canada‘s Martha Porado was among the winners at the CFA Society Toronto’s 2018 Financial Journalism Awards on Wednesday. Porado, an associate editor at Benefits Canada, won the Spirit of the Future of Finance award for her November 2017 story about the new Canada Infrastructure Bank. Read: 2017 Top 40 Money Managers Report: A look at the […]
The OPSEU Pension Trust posted a 9.5 per cent return for 2017, an increase on its six per cent return in 2016 and its eight per cent return in 2015. “We were strong across all the asset classes,” says Hugh O’Reilly, president and chief executive officer of OPTrust, noting the fund saw a 22.9 per cent return in public equities […]
Eighty per cent of global institutional investors were invested in alternative assets in 2017 and more than half (52 per cent) were invested in three or more alternative asset classes, according to new research by Preqin Ltd. The asset classes with the highest engagement in 2017 were real estate (59 per cent) and private equity (58 per cent), […]