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 […]
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 a press […]
The OPSEU Pension Trust is partnering with James Evans & Associates Ltd. to launch an online services portal for its members. The OPTrust selected the Canadian pension software company’s member portal for the experience it will offer plan members and employers, noted a press release. The OPTrust is a minority shareholder in JEA. Read: OPTrust Select welcomes first members […]
Employees of Community Food Centres Canada will join the OPTrust Select defined benefit pension plan after more than 90 per cent voted in favour of the move. CFCC, which operates nine food centres across the country to reduce food insecurity for Canadians, was named one of the plan’s seven inaugural members on April 26. OPTrust […]
A year after the OPSEU Pension Trust launched a new plan for nonprofit organizations, it has enrolled its first members. The OPTrust Select was launched with the goal of providing a defined benefit plan for those in Ontario’s broader public sector, charitable and nonprofit groups that don’t have their own DB plans. Seven organizations are […]
A year after the OPSEU Pension Trust launched a new plan for nonprofits, it has enrolled its first members. The OPTrust Select was launched with the goal of providing a defined benefit plan for those in Ontario’s broader public sector, charitable and nonprofit groups that don’t have their own DB plans. Seven organizations are joining, […]
In a challenging market environment, the OPSEU Pension Trust returned one per cent in 2018, down from a 9.5 per cent return in 2017. “OPTrust’s objective is to maintain the funded status of the plan without taking excessive risk,” said Doug Michael, interim president and chief executive officer of the OPTrust, in a press release. “In the […]
Hugh O’Reilly has resigned as president and chief executive officer of the OPSEU Pension Trust, effective immediately. According to a release from the pension fund, O’Reilly is leaving to pursue other interests after leading the OPTrust for four years. During his tenure, he helped implement member-driven investing, as well as supervising the launch of OPTrust […]