The Canada Pension Plan Investment Board and the Caisse de dépôt et placement du Québec were ranked No. 3 and No. 8, respectively, among the top 10 global institutional investors with the highest total deal values in 2024, according to a new report by data platform Global SWF. Last year, the CPPIB invested US$21.1 billion while […]
Dutch civil worker pension fund Stichting Pensioenfonds ABP is selling its entire stake in Tesla Inc., according to a report by Business Insider. The investment organization sold 2.8 million shares in the electric vehicle manufacturer last September. A separate report by Bloomberg indicated ABP’s Tesla stake was valued at approximately US$585 million. Read: Shareholders approve […]
Canadian institutional investors are allocating only three per cent of their funds to domestic equities, according to a new study from London-based think thank New Financial LLP. The report, which analyzed 13 countries’ pension systems, found the U.S. had the highest allocation to domestic equities (44 per cent), while Norway had the lowest (0.5 per cent). […]
Canadian pension plans are facing unforeseen taxation of dividends in European Union countries like Germany and the Netherlands, said the Pension Investment Association of Canada. In an open letter, the PIAC said its members have endured a discriminatory dividend taxation relative to settled European tax law and the free movement of capital within the EU […]
In 2018, a 69-year-old man named Emile Ratelband in the Netherlands lost a legal fight to change his birth date to 20 years earlier, arguing that he didn’t feel as old as he was. The court case inspired a paper looking into the idea of subjective age versus biological age and how it impacts economic […]