When it comes to infrastructure, Canadian plans shun the home bias.
There was significant growth in assets held by private equity, hedge fund, private debt, real estate and infrastructure fund managers in 2014.
The Caisse de dépôt et placement du Québec has reached an agreement with the Quebec government, which plans to establish a new business model for the execution of major infrastructure projects.
Ontario Teachers' Pension Plan has purchased an additional stake in Birmingham Airport from Victorian Funds Management Corp. for an undisclosed amount.
Ontario Teachers' Pension Plan and the Public Sector Pension Investment Board (PSP Investments) have announced an agreement with Banco Santander to jointly acquire a portfolio of renewable energy and water infrastructure assets.
Institutional investors are increasingly turning to real assets to increase investment returns and manage macro-environment risks but would rethink allocations if interest rates rose significantly, finds a BlackRock survey.
Offering tax exemptions to foreign pension funds could help Canadian infrastructure projects get off the ground.
Industrial Alliance Insurance and Financial Services Inc. is making its first investment in Australia.
Ontario Teachers' Pension Plan plans to buy out its partner and take ownership of the ninth-largest airport in the United Kingdom.
Since the early 2000s, private infrastructure investing has gathered interest from institutional investors. This trend continues to accelerate as governments can no longer afford to build the roads, schools, hospitals, waste and water treatment plants, power distribution grids, etc. that are required for a successfully functioning economy. It is estimated that more than $50 trillion will be spent in new infrastructure development across Canada by 2030.