More than 100 global institutional investors and asset managers are committing to a project that seeks to standardize environmental, social and governance metrics to provide a mechanism for comparative reporting in the private equity industry. The ESG Data Convergence Project, which was launched in September 2021, now includes commitments from the British Columbia Investment Management […]
The Caisse de dépôt et placement du Québec and Fondaction are committing $4.5 million to a Canadian venture capital fund dedicated to Black-led businesses. BKR Capital, formerly known as Black Innovation Capital, is opening an office in Montreal at Espace CDPQ, a venture capital hub created by the Caisse. Launched in 2021, the fund aims to invest […]
As the financialization of the real estate sector comes under increased scrutiny from the general public, institutional investors must mitigate the systemic risks posed by housing inequality issues, says Tamara Herman, program manager of capital strategies at the Shareholder Association of Research and Education. “There’s a lot of discussion about the role of institutional investors […]
The strong performance of domestic equites in the last months of 2021 helped Canadian defined benefit pension plans secure median annual returns of 8.9 per cent, according to a new report by RBC Investor and Treasury Services. During the year, Canadian DB plans performed best during the second and fourth quarters, with median asset growth […]
The Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board are part of a consortium acquiring an Australian infrastructure investment fund. The consortium, which also includes KKR, paid A$5.2 billion ($4.6 billion) to acquire all outstanding equities in Spark Infrastructure. The deal has been approved by Australian regulatory authorities. Spark’s assets provide electricity […]
While blockchain-based decentralized finance technology has a lot to offer institutional investors, taking full advantage of these tools will require significant technological and regulatory hurdles to be overcome, says Andreas Park, professor of finance at the Rotman School of Management. “There’s lots of cool things you can do in the DeFi space. There’re genuinely new […]
The percentage of institutional investor assets that are actively managed has dipped by eight per cent since 2019, according to a new study by institutional investment consulting firm Callan. The study, based on data collected from 160 U.S. institutional investors with US$598 billion in assets under management, found 62 per cent of assets held by […]
Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, is entering a new joint venture to construct multifamily rental units in Chile. The deal, reached with Greystar Real Estate Partners, will focus on build-to-rent properties in Santiago, the nation’s capital and largest city. In a press release, Adriano Mantesso, […]
Since the beginning of the coronavirus pandemic, 43 per cent of institutional investors and wealth managers say they have a more positive view of cryptocurrencies, while 35 per cent say it’s improved slightly. The research, which was commissioned by London-based Nickel Digital Asset Management Ltd., found 78 per cent of respondents now have a positive […]
The vast majority (88 per cent) of institutional investors have reduced their allocations to fixed income over the past 18 months, according to a survey by Aeon Investments Ltd. The survey, which was based on responses from institutional investors in Europe and the U.S. with a total of US$436.5 billion in assets under management, found more […]