The Ontario Securities Commission’s proposal to provide retail investors access to private assets through a new fund vehicle could have adverse risks for institutional investors’ long-term investment goals, said the Pension Investment Association of Canada. The OSC is mulling introducing a new fund category, the Ontario Long-Term Asset Fund, that would provide a pathway for […]
The Canada Pension Plan Investment Board is reporting a 3.8 per cent return and net assets of $699.6 billion as at Dec. 31, 2024, compared to $675.1 billion at the end of the previous quarter. The $24.5 billion net asset increase is credited to positive returns in private equity and credit. However, the quarterly gains […]
The British Columbia Investment Management Corp. is making a cash offer to take Luxembourg-based investment firm BBGI Global Infrastructure S.A. private. The deal values the entire issued and to-be-issued share capital of BBGI at roughly £1.06 billion on a fully diluted basis. The offer adds a 21 per cent premium for the London Stock Exchange […]
An article on incoming changes to Alberta-based employers’ workplace violence and harassment policies was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. What Alberta-based employers need to know about incoming workplace violence, harassment policy changes 2. Gen Z, […]
While a plan member lawsuit against the Ontario Teachers’ Pension Plan regarding cryptocurrency investment decisions isn’t entirely surprising, it’s not a common event in Canada, says Level Chan, a partner at Stewart McKelvey. “In Canada, it does not come up very much. It normally is only in these unique circumstances where there is kind of […]
User personalization and an ease-of-use approach are key in the adoption of artificial intelligence technology tools by pension plan sponsors, according to a new report by the CFA Institute Research & Policy Centre. It found the application of AI has the potential to revolutionize plan sponsors’ administrative duties but will require a collaborative approach that […]
The Canada Pension Plan Investment Board is selling a 49 per cent stake in a portfolio of China real estate projects for nearly $235 million. The assets are part of a joint venture with Chinese real estate company Longfor Group Holdings Ltd. and are being sold to an affiliate of Dajia Insurance Group Co. Ltd. The portfolio […]
The OPSEU Pension Trust has reduced its financed emissions intensity by 11 per cent when compared to 2022, according to the investment organization’s latest climate risk disclosure report. In 2023, the OPTrust extended the scope of its carbon footprint measurement to 70 per cent of its assets, up from 40 per cent in 2022. The […]
An article on the federal government’s decision to transfer a $1.9 billion public pension surplus to general revenue was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Feds’ decision to transfer $1.9BN public pension surplus to general revenue within its […]
The Caisse de dépôt et placement du Québec is investing $335 million in TerraPact, a U.S.-based firm that owns and operates ground leases and rights of way for more than 700 digital, utility and energy infrastructure assets. The financing will support TerraPact’s real estate portfolio across the U.S. and in British Columbia. It will also refinance […]