The Ontario Pension Board posted a return of 10.8 per cent in 2017, an increase on its return of 8.1 per cent in 2016. The pension fund’s investment income for the year was $2.5 billion, up from $1.75 billion in 2016. Its net assets were $26.4 billion, an increase from the end of 2016 when they sat at $24.4 […]
When Sears Canada Inc. announced it was going to liquidate its stores in 2017, the chain’s demise was a big concern for pension plan members worried about a big deficit in the company’s defined benefit plan. But also among the parties affected were some of Canada’s largest pension funds, which own more than two dozen […]
The OPSEU Pension Trust posted a 9.5 per cent return for 2017, an increase on its six per cent return in 2016 and its eight per cent return in 2015. “We were strong across all the asset classes,” says Hugh O’Reilly, president and chief executive officer of OPTrust, noting the fund saw a 22.9 per cent return in public equities […]
The plan posted a return of 10.88% and maintained funded status.
The Healthcare of Ontario Pension Plan posted a 10.88 per cent return for 2017, up very slightly on its 10.4 per cent return in 2016 and exceeding its portfolio benchmark by 2.99 per cent or $2 billion. According to the pension fund’s annual results, it also maintained its funded status at 122 per cent, its investment […]
The market value of assets held by Canadian trusteed pension funds fell to $1.77 trillion in the third quarter of 2017, down from $1.8 trillion in the second quarter, according to new data from Statistics Canada. While the figure was down 0.6 per cent compared to the previous quarter, it was up three per cent from the […]
Eighty per cent of global institutional investors were invested in alternative assets in 2017 and more than half (52 per cent) were invested in three or more alternative asset classes, according to new research by Preqin Ltd. The asset classes with the highest engagement in 2017 were real estate (59 per cent) and private equity (58 per cent), […]
In their constant search for diversification, Canada’s largest pension funds seem to be continually restructuring their Canadian office building portfolios. “The goal has been to redeploy their investments by expanding internationally and developing new class A office buildings in Canada as well,” says Ayres Gonsalves, vice-president of commercial at Dorsay Development Corp., a Toronto-based real estate […]
The Caisse de dépôt et placement du Québec returned 9.3 per cent in 2017, an increase on its return of 7.6 per cent in 2016. While announcing the annual results on Wednesday, Michael Sabia, president and chief executive officer of the Caisse, said the portfolio reacted almost exactly as forecasted. He also highlighted the important transition period […]
The OPSEU Pension Trust and partners are launching an investment vehicle that focuses on North American data centres. Formed alongside Mount Elbert Capital Partners and GIC Private Ltd., the pension fund’s new platform, EdgeCore Internet Real Estate, will receive initial capitalization of US$800 million to develop, acquire and operate data centres with an eye to eventually supporting $2 […]