The House of Commons Special Committee studying Canada-China relations is calling on the federal government to bar Canadian pension funds from investing in Chinese companies linked to human rights abuses or that pose a threat to national security. In a report released last month, the special committee noted the Canada Pension Plan Investment Board and […]
The Caisse de dépôt et placement du Québec is investing $12 million to facilitate the acquisition of Vancouver-based CWA Engineers Inc. by engineering consulting firm Norda Stelo Inc. The acquisition is expected to be completed in the next six months and the Caisse’s investment will “help drive [Norda Stelo’s] activities to its next stage of growth,” […]
A story on how the federal government is considering ending Canada’s ’30 per cent rule’ was the most-read investment story on BenefitsCanada.com this year. Here are the 10 most popular investment news stories of 2023: 1. Feds consider end of ‘30% rule’ for pensions, propose EI adoption benefit: fall economic statement 2. Uptick in U.S. commercial office real estate […]
The progression of bonds and frontier markets over the long term will be top of mind for institutional investors in the coming year, according to Andrew Forsyth, senior vice-president of institutional investment services at Franklin Templeton. Fixed income may be in the good graces of institutional investors again as higher bond yields lead the way […]
Before Janet Jule joined the Saskatchewan Healthcare Employees’ Pension Plan as its chief investment officer in 2015, the pension plan sponsor started adding a wider variety of assets to its portfolio, emphasizing diversification and lowering its dependence on equities. Indeed, like many other plan sponsors, the SHEPP’s investment strategy is increasingly incorporating more alternative asset […]
The Caisse de dépôt et placement du Québec is investing in telecommunications provider Cogeco Communications Inc. The investment organization will now hold $350 million worth of capital in the Quebec-based firm after purchasing a block of shares owned by Rogers Communications Inc. Cogeco Communications provides internet, video and telephone services in Quebec, Ontario and 13 […]
U.S. institutional investors paid $1.5 billion in management fees in 2022, according to a new report by investment consulting firm Callan. The report, which analyzed mandates by more than 300 investment firms and more than 180 institutional investors, found 98 per cent of the total fees paid in 2022 went to active managers, up one per cent […]
About half (51 per cent) of global institutional investors believe a recession is inevitable, a sentiment that runs strongest in the U.K. (67 per cent) and North America (62 per cent), according to Natixis Investment Managers’ 2024 outlook survey. The survey, which polled 500 institutional investors in 27 countries, also found among those expecting a […]
The Ontario Teachers’ Pension Plan is appointing Pierre Cherki as executive managing director if its new in-house real estate asset group, effective Jan. 22, 2024. In the new role, he’ll oversee global real estate investing and portfolio management activities. Since 2022, Cherki has been a member of the board of directors for Cadillac Fairview, the Ontario Teachers’ real estate arm. […]
The Alberta Investment Management Corp. is increasing its Australian agriculture portfolio with the acquisition of a cattle management company. The transaction will see the AIMCo and its local investment partner New Agriculture take over the Kimberley Cattle Portfolio, which includes Yougawalla Pastoral Co. and Argyle Cattle Co. Details of the transaction haven’t been disclosed. “We […]