The Ontario Teachers’ Pension Plan is selling its remaining 19.9 per cent free cash flow interest held in a mining asset to New Gold Inc. The transaction of the New Afton mine will net the investment organization US$300 million. Last year, the Ontario Teachers’ reduced its stake from 46 per cent to 19.9 per cent […]
The Investment Management Corp. of Ontario is reporting a weighted average net return of 9.9 per cent as at Dec. 31, 2024. At the end of the year, the investment organization’s net assets under management grew to $86 billion, compared to $77.4 billion at the end of 2023. The IMCO’s annualized long-term results were 4.2 […]
The Ontario Municipal Employees’ Retirement System is reporting a return of 8.3 per cent as at Dec. 31, 2024. The investment organization surpassed its 7.5 per cent benchmark for 2024 by achieving $10.6 billion in investment returns during the year. Its net assets grew from $128.6 billion in 2023 to $138.2 billion at the end […]
The world’s 500 largest asset managers’ assets under management increased by 12.5 per cent to US$128 trillion in 2023, compared to $113.7 trillion at the end of 2022, according to a new report by WTW’s Thinking Ahead Institute. It noted the annual growth rate represents a significant recovery from the major correction seen in 2022, […]
As institutional investors’ results expectations continue to expand at a rampant speed, Errico Cocchi doesn’t want to get lost in overcomplicated investment trends. “At the end of the day you want to buy something that’s going to grow, that’s well managed and that has a good valuation,” says Cocchi, head of pension investments and debt […]
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). […]
An altering macroeconomic environment means that cost management requires continual attention by pension plans and other institutional investors. Today, as inflation and higher-for-longer rates exert upward pressure on institutional investors’ costs in a variety of areas, from technology to team member salaries, it’s time once again to re-evaluate the fees being paid to external asset […]
The Alberta Investment Management Corp. is reporting a net return of 5.4 per cent for the first half of 2024. During the six-month period ending June 30, 2024, the AIMCo’s total assets under management were $168.9 billion. The investment organization’s balanced fund — a composite of client accounts that invest in money market and fixed income, […]
The Caisse de dépôt et placement du Québec is investing $35 million in a new energy transition fund from Quebec-based equity firm MacKinnon Bennett & Co. The investment is part of a larger $145 million commitment alongside the Canada Growth Fund, Investissement Québec and BDC Capital. The fund will target growth-stage businesses commercializing emission reduction […]
Amid an increasingly volatile global economy, many institutional investors are employing innovative investment strategies to deliver returns, but Suncor Energy Inc. views a methodical adoption of new trends as key to plan stability. A conservative approach and a balanced portfolio has allowed Suncor to deliver sustainable contributions and growth to its pension plans. At the […]
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