Evolving expectations, a shifting interest rate environment and the need to manage increasingly large asset bases for performance and for national and societal impact are transforming how and where institutional investors allocate capital, according to a new report by the Boston Consulting Group. It found in 2024, sovereign wealth funds and public pension funds accounted […]
The swift removal of the chief executive officer, three executives and the 11-person board at the Alberta Investment Management Corp. is a dramatic move that raises red flags about the influence of Alberta’s provincial government, says Anthony Guindon, a partner at Koskie Minsky LLP. “We don’t entirely know at this stage but it makes one […]
The risk associated with high-profile name concentration in technology equities is pushing institutional investors to consider risk-mitigating strategies, according to Nick Zylkowski, managing director and co-head of customized portfolio solutions at Russell Investments Ltd., speaking during a session at the Canadian Investment Review’s 2024 Risk Management Conference. He noted investors are reviewing their exposure to […]
The fundamentals of the Canadian housing market are incredibly strong because they’re underpinned by a significant imbalance of supply and demand that will be present for many years to come, said Michael Tsourounis, managing partner and head of real estate at Hazelview Investments, during the Canadian Investment Review’s 2024 Risk Management Conference. Any time there’s an imbalance […]
The Alberta Investment Management Corp. is appointing two of its investment leaders to new executive roles, effective immediately, as Marlene Puffer steps away from her role as the organization’s chief investment officer. Justin Lord has been named senior executive managing director and global head of public markets, overseeing public equities and fixed income. He has […]
On June 18, the Canadian Investment Review hosted a group of endowment and foundation investment executives, academics and money managers in Toronto for the 2024 Endowment & Foundation Investment Forum. Non-profit decision-makers, treasurers from endowments and foundations and leading industry experts shared their views, practices and theories to address the challenges and issues they face in the current economy. […]
Canadian corporate pension funds reported an average funding ratio of 117 per cent, while public pension funds reported an average of 116 per cent, according to a new report by Coalition Greenwich. The study, based on interviews more than 150 of the largest tax-exempt funds in Canada, found in 2023, these investors reported that, on average, six […]
The British Columbia Investment Management Corp. is reporting an annual return of 7.5 per cent, or $17.4 billion, as at March 31, 2024, up from 3.5 per cent the previous fiscal year, according to its latest annual report. The report, which reflects the results from the investments of its six largest pension clients — the BC Hydro Pension […]
The United Nations’ Net-Zero Asset Owner Alliance — an association of financial organizations that includes the Caisse de dépôt et placement du Québec — is incorporating intermediary environmental targets as it continues its push to net-zero emissions by 2050. In addition to the new environmental reporting targets for asset owners, the association’s guidance now includes […]
The Public Sector Pension Investment Board ended its fiscal year on March 31, 2024, generating a net return of 7.2 per cent, up from 4.4 per cent the previous fiscal year, according to its latest annual report. The investment organization held $264.9 billion in net assets under management, up 8.7 per cent from the end […]