The Canada Pension Plan Investment Board is asking fellow institutional investors to consider the impact of artificial intelligence in investees’ labour patterns beyond a productivity improvement perspective, says Jon Webster, senior managing director and chief operating officer at the CPPIB. In a new report, the investment organization said institutional investors stand at the forefront of […]
The Canada Pension Plan Investment Board is investing $1 billion in Korea-based data centres through its joint venture with the Pacific Asset Management Co. “The demand for data centres in [the Asia-Pacific region] has been on the rise, driven by the continued need for cloud computing and the increasing global adoption of artificial intelligence,” said […]
The Pension Investment Association of Canada, alongside the Canadian Life and Health Insurance Association and the Portfolio Management Association of Canada, is asking the Senate to consider the impact of Bill C-281 on institutional investors and pension plan members. The legislation being reviewed by the Senate aims to restrict investments connected to the creation of a […]
The Public Sector Pension Investment Board, along with partner Investcorp, is investing in accounting firm PKF O’Connor Davies LLP. According to a press release, the new investment will give the firm more flexibility to pursue mergers and acquisitions as well as invest in new technology and service lines. The financial details of the transaction weren’t […]
The Ontario Teachers’ Pension Plan is appointing Kevin Kerr as executive managing director of its new portfolio solutions department, effective immediately. The department will integrate value creation and portfolio management capabilities from across the Ontario Teachers’ private asset groups, according to a press release, noting Kerr and his team will be accountable for monitoring and […]
With 15 different client organizations, including nine public sector pension plans, the Alberta Investment Management Corp. has opted to engage, rather than divest, from certain investments, particularly those in the energy sector. “One of the things we were very clear on, both for ourselves and in talking to clients, is that divestment wasn’t the way […]
In the years following the 2008/09 financial crisis, Dan Langlois realized the allocation strategy for the Calgary Foundation’s endowment portfolio needed a significant adjustment if it planned to meet its annual funding goals. “I knew we needed to do something in terms of increasing the return in the portfolio to preserve the corpus or the […]
The Canada Pension Plan Investment Board is investing roughly US$515 million to acquire a 24.5 per cent stake in video games service provider Keywords Studios. The acquisition of the Ireland-based firm is being completed alongside EQT AB and Temasek Holdings Ltd. In a press release, Caitlin Gubbels, senior managing director and head of private equity […]
While political tensions have recently flared between Canada and India, institutional investors are unlikely to adjust their capital allocation to the country, says Partha Mohanram, John H. Watson chair in value investing at the Rotman School of Management at the University of Toronto. “I don’t [have] any indication that you’re going to see any kind […]
A new retirement savings vehicle could benefit members of the Colleges of Applied Arts and Technology’s pension plan by streamlining investment choice and maximizing their personal retirement savings, says Jason Vary, president of Actuarial Solutions Inc. This month, the CAAT pension plan launched an optional savings account that allows plan members to transfer in their […]