Strong governance allowed the Colleges of Applied Arts and Technology pension plan to find success in private markets, according to Julie Cays, the plan’s chief investment officer. Before the CAAT plan hired its first CIO in 2004, it was using an outsourced chief investment officer-type model — although it didn’t use this term at the […]
As allocations to alternative assets grow, private equity is the most popular, trailed closely by real estate according to data from Preqin for the first half of 2019. Currently 65 per cent of institutional investors hold private equity, 63 per cent own real estate and 51 per cent have hedge funds. Somewhat less popular are […]
After starting to manage funds for its first two clients, the Ontario Pension Board and the province’s Workplace Safety and Insurance Board, the Investment Management Corp. of Ontario has released its 2018 annual report outlining its progress. Though the investment results of its activities will be reported independently by its clients, the report delineated the specifics of […]
After starting to manage assets for its first two clients in July 2017, the Investment Management Corp. of Ontario has released its 2018 annual report, but investment results will be announced by its clients this year. Currently, the IMCO manages $26 billion in net assets for the Ontario Pension Board and $34 billion for the […]
More than half (61 per cent) of institutional investors think equities are peaking as 2019 gets rolling, according to research from Preqin. This number has been on the rise during the past 18 months, potentially hinting markets are due for a correction, the report noted. “It’s no surprise that this is throwing the role of […]
Limiting global warming is essential to institutional investors, according to a new report by Mercer Canada. The report models three different scenarios, examining the impact of average warming of two, three and four degrees Celsius over three timeframes: 2030, 2050 and 2100. For both investors and the planet, limiting warming to two degrees is ideal, […]
Real estate remains a popular asset class for institutional investors seeking to diversify their sources of real returns. As the economic cycle reaches its late stages, where can investors find the best real estate opportunities? Has core real estate in the U.S. run its course? At least half of a sample of 144 institutional investors […]
In a challenging 2018 market environment, the Ontario Pension Board finished the year with an annual investment return of 1.8 per cent, down from 10.8 per cent in 2017. “This return reflected the challenging investment environment in 2018, including slowing global growth, rising central bank rates that tightened liquidity and uncertain geopolitical events such as […]
The U.S. customized target-date fund market grew to US$430 billion at the end of 2017, according to the Defined Contribution Institutional Investment Association. The DCIIA’s inaugural survey on the market, which included data from 65 plans with a total of 673 different funds, found the majority of these funds are allocated to a mix of equities and fixed income. […]
As part of an ongoing joint venture, the Public Sector Pension Investment Board is purchasing a purpose-built student accommodation in London, England. Together with Greystar Real Estate Partners and Allianz Real Estate, the PSP is taking on the property, called Paul St. East, from Apache Capital Partners for more than $241 million. The acquisition is part of the Chapter […]