real estate – Benefits Canada.com

CPPIB returns 8% in latest fiscal year, net assets increase to $632BN

bwolfe — Tue, 20 Aug 2024 13:00:05 +0000

The Canada Pension Plan Investment Board reported an eight per cent return in its fiscal year ending March 31, but significantly underperformed the 19.9 per cent return of its reference portfolio. The reference portfolio, made of 85 per cent global equity and 15 per cent Canadian bonds, benefited last year from stock price surges in the […]

The post CPPIB returns 8% in latest fiscal year, net assets increase to $632BN appeared first on Benefits Canada.com.

OMERS returns 4.4% for first half of 2024

bwolfe — Mon, 19 Aug 2024 13:00:47 +0000

The Ontario Municipal Employees’ Retirement System earned a net investment return of 4.4 per cent for the first six months of this year, helped by the performance of its investments in public equities and strong contributions from its holdings in private credit and infrastructure. The fund had a good start to the year, reflecting the […]

The post OMERS returns 4.4% for first half of 2024 appeared first on Benefits Canada.com.

CPPIB invests $1.2BN in energy operator, considers €300M sale of debt portfolio in Spain

bmcgovern — Fri, 16 Aug 2024 18:00:46 +0000

The Canada Pension Plan Investment Board is investing approximately $1.2 billion in energy infrastructure firm Tallgrass Energy. The Denver-based company manages more than 10,000 miles of pipeline assets across 14 U.S. states and is also engaged in initiatives aligned with energy transition efforts. Read: Caisse invests $200 million in Quebec-based apparel firm, CPPIB buys energy […]

The post CPPIB invests $1.2BN in energy operator, considers €300M sale of debt portfolio in Spain appeared first on Benefits Canada.com.

Caisse returns 4.2% in first half of 2024, underperforming benchmark

bwolfe — Fri, 16 Aug 2024 13:00:18 +0000

The Caisse de dépôt et placement du Québec returned 4.2 per cent in the first half of 2024, underperforming its benchmark of 4.6 per cent. As at June 30, 2024, the Caisse’s net assets totalled $452 billion. Its average annualized returns over five and 10 years were six per cent and 7.1 per cent, respectively. […]

The post Caisse returns 4.2% in first half of 2024, underperforming benchmark appeared first on Benefits Canada.com.

Are AI’s energy demands impacting the appeal of data centres to institutional investors?

bmcgovern — Tue, 13 Aug 2024 13:00:22 +0000

The demand for artificial intelligence is leading to increased energy usage by data centres and creating a link between the two assets, says Matthew Mendes, managing director and head of infrastructure at the Investment Management Corp. of Ontario. “The growth is different than it was before — [there’s] more hyperscale companies coming into the mix. […]

The post Are AI’s energy demands impacting the appeal of data centres to institutional investors? appeared first on Benefits Canada.com.

Liquidity status guiding Canadian pension funds through near-term market volatility: report

bmcgovern — Wed, 24 Jul 2024 19:00:31 +0000

Liquidity status is helping some of Canada’s biggest pension funds meet the challenges of a volatile investment market thanks to exceptional liquidity status, according to a new report by Fitch Ratings Inc. The report, which compared the credit ratings and portfolios of seven of the largest Canadian pension funds with approximately $2.1 trillion in net […]

The post Liquidity status guiding Canadian pension funds through near-term market volatility: report appeared first on Benefits Canada.com.

Average funded ratio of Canadian DB pension plans up 2% in Q2 2024: report

bmcgovern — Wed, 17 Jul 2024 19:00:00 +0000

The funded ratio of the average Canadian defined benefit pension plan grew by two per cent during the second quarter of 2024 and nine per cent since the start of the year to 126 per cent, according to a new report by Normandin Beaudry. It found the average solvency ratio of Canadian pension plans rose […]

The post Average funded ratio of Canadian DB pension plans up 2% in Q2 2024: report appeared first on Benefits Canada.com.

Top 5 HR, benefits, pension and investment stories of the week

lbailey — Fri, 12 Jul 2024 13:00:18 +0000

A story on how group insurers can help plan sponsors provide adequate coverage and ensure appropriate use of treatments for rare diseases was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Sounding Board: How employers can mitigate cost of […]

The post Top 5 HR, benefits, pension and investment stories of the week appeared first on Benefits Canada.com.

Blair Morrison retiring from BCFSA

Sadie Janes — Tue, 09 Jul 2024 13:00:43 +0000

Blair Morrison, chief executive officer and chief statutory officer of the British Columbia Financial Services Authority, is retiring in early 2025 after more than five years in his current role. During his time as CEO, Morrison steered the regulatory agency through a number of significant events, such as its establishment as a crown agency in […]

The post Blair Morrison retiring from BCFSA appeared first on Benefits Canada.com.

Commercial real estate challenges forcing Canadian pension funds to re-evaluate strategy: report

bmcgovern — Mon, 08 Jul 2024 19:00:53 +0000

Some of Canada’s largest pension funds are rethinking their real estate strategies as higher interest rates continue to push valuations lower and lenders pull in their purse strings, according to reporting by Bloomberg. Read: Canadian pension funds seeking diversification in real estate at home, abroad: experts Indeed, it said the Canada Pension Plan Investment Board […]

The post Commercial real estate challenges forcing Canadian pension funds to re-evaluate strategy: report appeared first on Benefits Canada.com.