While the OPSEU Pension Trust has been focused on responsible investing for some time, it’s bringing its sustainability activities to the next level with the introduction of a sustainable investing and innovation team. Launched in late 2019, the team’s responsibilities will include continuing to strengthen the organization’s traditional responsible investing activities. It will also have […]
Against a backdrop of uncertainty, the OPSEU Pension Trust is guided by an investment strategy with certainty at its core. In 2015, the plan introduced what it calls a member-driven investing strategy, which is all about efficient risk allocation and earning the returns required to pay pensions at the lowest possible risk. “That’s different from […]
As part of a group of investors, the OPSEU Pension Trust is entering into a long-term leasing transaction with Google. The agreement will see the technology company lease 400,000 square feet of Toronto office space at 65 King St. East in 2021. The move will allow Google to consolidate its current Greater Toronto Area offices into one […]
The OPSEU Pension Trust, alongside Bruc Iberia Energy Investment Partners and Green Investment Group, are acquiring two solar photovoltaic power plants that are currently under construction in Spain for about €65 million. The plants, which are set to be operational by the third quarter of 2020, will have a combined capacity of 100 megawatts and are located in Alvarado-La Risca in […]
There are some major disruptions and challenges facing humanity. But, where there are challenges, there can also be opportunities. One example of a disruptive trend is aging, with people living longer. “That’s going to have, I think, pretty big implications for pension plans because we’re going to have to keep paying those benefits even more […]
In the investment space, readers were focused on the moves of the big public pension funds and real estate investment in 2019, with the top three most-read stories tackling those topics. Benefits Canada rounds up the industry’s favourite investment stories of the year: 1. Canadian DB plans return median 1.7 per cent in Q3 2. Hugh O’Reilly stepping down from OPTrust 3. OPTrust partners […]
It’s been one month since Peter Lindley, the OPSEU Pension Trust’s new president and chief executive officer, started the role. With an engineering degree and a more than 30-year career in finance under his belt, Lindley’s most recent role was president and head of investments at State Street Global Advisors. “When I went to work […]
What if institutional investors could turn their portfolio companies’ quarterly earnings calls into actionable data by analyzing their sentiment over time? The Alberta Investment Management Corp. is attempting to do just that, in partnership with Edmonton-based machine learning company AltaML Inc. Using a form of artificial intelligence called natural language processing, AltaML is analyzing the […]
A group of institutional investors, including numerous large Canadian defined benefit pension plans, has released a handbook outlining their experiences implementing the recommendations from the task force on climate-related financial disclosures. The Canadian plans include the Alberta Investment Management Corp., the Caisse de dépôt et placement du Québec, the Canada Pension Plan Investment Board, the […]
The OPSEU Pension Trust is appointing Peter Lindley as its president and chief executive officer, effective Sept. 16, 2019. “Peter Lindley brings deep experience in investing to this role and the board is pleased to have someone of his expertise and calibre join OPTrust,” said Michael Grimaldi, chair of the OPTrust board of trustees, in […]