The issuance of emerging market green bonds linked to sustainability and social factors is expected to grow at an annual rate of 7.1 per cent between 2023 and 2025, according to a new report by Amundi Asset Management and the International Finance Corp. It found in 2023, emerging market green bonds surged 45 per cent […]
The Caisse de dépôt et placement du Québec’s $200 million loan to Gildan Activewear Inc. is in question amid a dispute within the company on the appointment of a new executive leader and the formation of a new board of directors, according to a report by the Canadian Press. Chief executive officer Glenn Chamandy told […]
Driven by the net-zero pledge towards green investments, institutional investors are finding themselves uncomfortably wedged between a rock and a hard place. If they invest exclusively in green assets and earn lower returns than the broader stock market benchmark, as was the case in 2023 for environmental, social and governance funds, they’re criticized for underperforming. […]
Canadian pension funds invested $2.6 billion in the Asia-Pacific region in 2023, according to a new report by the Asia Pacific Foundation of Canada. It found that between 2003 and 2023, roughly 30 per cent of all Canadian investment flows in the Asia-Pacific region were made by pension funds, noting investment flows began growing in the […]
Firms that are backed by pension fund investments report increases in employee productivity of between three per cent and five per cent, according to a new report by the International Centre for Pension Management. The report, which is based on the collective research of 13 experts including representatives at the Canada Pension Plan Investment Board […]
The Canadian private equity market raised $4 billion through 140 deals in the first quarter of 2024, a 52 per cent increase in deal values from the previous quarter, according to a new report by the Canadian Venture Capital & Private Equity Association. It found the average deal size in the Canadian private equity market […]
The Caisse de dépôt et placement du Québec is participating in a share capital increase deal with Alstom, a sustainable transportation solutions company. The investment organization, which currently holds a 17.4 per cent stake in the company, will receive a pro-rata share of the capital increase for a total amount of €173.8 million. The Caisse […]
The real estate investment arm of the Alberta Investment Management Corp. has completed the sale of $900 million in green bond offerings. The Series 6 and Series 7 unsecured notes, each valued at $450 million, are AIMCo Realty’s second and third green bond issuances under its green financing framework, according to a press release, which […]
An article highlighting CGI Group’s initiatives for Mental Health Awareness Month was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. CGI Group promoting mental-health support through compassion tool, employee recognition 2. Gen Z reports worsened communication skills due to remote working, […]
The Canada Pension Plan Investment Board earned an eight per cent return last year but significantly underperformed the 19.9 per cent return of its reference portfolio. The lower return can be explained in part by higher volatility in the stock-focused benchmark portfolio compared with the diversified, long-term return focus for the pension fund, says John Graham, the […]