Canada has learned a lot from the U.K. Diversified growth funds, which began crossing the pond in 2008, are the latest import. But the funds still haven’t gained much traction over the last decade, though they do offer pension plans another option in their portfolio. A diversified growth fund is a fund that targets a […]
The Caisse de dépôt et placement du Québec is regrouping all of its private equity activities in Quebec and abroad under the leadership of Charles Émond, who has been appointed executive vice-president, Quebec, private equity and strategic planning. The move comes after Stephane Etroy decided to step down from his role as executive vice-president and head […]
While the amount of alternative assets in institutional portfolios is holding relatively steady, the type of investments making up allocations to alternatives are shifting. Current allocations to alternatives rose just one per cent to 25 per cent since 2018, according to the latest research from EY. While hedge funds remain the largest contributor to the […]
The Canada Pension Plan Investment Board saw a 2.3 per cent return, net of all costs, in the second quarter of its 2020 fiscal year for its base account and a 1.9 per cent return for its additional account. “CPPIB continued to deliver steady returns this quarter,” said Mark Machin, president and chief executive officer of […]
While year-end incentive payments have been on the rise over the past few years, 2019 could be different. Analysis from Johnson Associates, Inc., a compensation consulting firm, found Wall Street year-end incentive pay, including cash bonuses and equity awards, is expected to decline by five per cent for 2019, compared to last year. “All signs […]
The Caisse de dépôt et placement du Québec is investing a further US$75 million in Azure Power Global Ltd., an independent solar power developer in India. Once the deal is approved by Azure shareholders, the investment will raise the Caisse’s stake in the company, from 41.4 per cent to 49.4 per cent. In October 2018, […]
The Caisse de dépôt et placement du Québec is investing a further US$75 million in Azure Power Global Ltd., an independent solar power developer in India. Once the deal is approved by Azure shareholders, the investment will raise the Caisse’s stake in the company, from 41.4 per cent to 49.4 per cent. In October 2018, […]
Since Gerald Schwartz founded Onex Corp. in 1984, both his firm and the private equity industry have come a long way, with the size of the asset class skyrocketing. “In a way, success is just standing there and having the wind at your back for 40 years,” said Schwartz at the CFA Society Toronto’s annual […]
The Canada Pension Plan Investment Board has dramatically increased its investments in renewable energy companies, from $30 million in 2016 to $3 billion as of June 2019, according to its annual sustainable investing report. The substantial increase is part of the fund’s expanded climate change program. “We have a number of groups involved in efforts […]
New research from Greenwich Associates has found that institutional players have allocated US$47 billion to liquid alternative exchange traded funds, comprising a fair chunk of their allocation to liquid alternatives overall, which comes to US$882 billion. That said, only about one in 10 institutions have experience investing in liquid alternative ETFs. “However, about the same […]