Singapore – Benefits Canada.com

AIMCo backing offshore wind energy acquisition, Caisse investing in data centre project expansion

bmcgovern — Fri, 26 Jul 2024 16:00:02 +0000

The Alberta Investment Management Corp. is backing an acquisition deal that will see Singapore-based Cyan Renewables buy Australian offshore marine services provider MMA Offshore Ltd. in a deal worth U.S.$714 million. According to a press release, the AIMCo participated in the acquisition through its investment in Cyan. MMA shareholders stand to obtain a 31 per […]

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Caisse invests in Quebec-based telecommunications firm, AIMCo backs Asian green energy fund

bmcgovern — Thu, 14 Dec 2023 16:00:09 +0000

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 […]

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OTPP invests in data centre company, financial advisory firm, Caisse encourages diversity with new fund

mschmit — Thu, 22 Oct 2020 04:32:22 +0000

The Ontario Teachers’ Pension Plan is leading a new US$360 million equity investment in a Singapore-based data centre developer, operator and investor. Founded in 2017, Princeton Digital Group has a current portfolio of 18 centres across China, India, Indonesia and Singapore. Global private equity firm Warburg Pincus LLC is also participating in the investment. “We’re […]

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MSCI introducing Brazilian property index

mschmit — Fri, 02 Oct 2020 04:44:42 +0000

MSCI Inc. is expanding its range of emerging markets tools by launching a new property index for Brazil. The new index aims to bring transparency and consistent measurement to the Brazilian property market, said an MSCI press release. “Private real asset investing has become increasingly mainstream around the world, particularly in emerging markets like Brazil […]

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ADB forecasts developing Asian economies in recession in 2020

mschmit — Tue, 15 Sep 2020 03:27:17 +0000

Developing economies in Asia will contract in 2020, the first such downturn in nearly 60 years, the Asian Development Bank said Tuesday in an update to its forecasts. The update of the ADB’s outlook estimates the regional economy will contract 0.7 per cent this year, recovering to 6.8 per cent growth in 2021. Conditions could […]

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MSCI signs licensing deal with Hong Kong Futures Exchange

mschmit — Fri, 29 May 2020 04:57:01 +0000

MSCI Inc. has signed a licensing agreement with the Hong Kong Futures Exchange Ltd. to introduce 37 futures and options contracts in Hong Kong based on a suite of indexes in Asia and emerging markets. The agreement expands on MSCI’s relationship with the Hong Kong Exchanges and Clearing Ltd., or HKEX, the owner of the […]

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China virus outbreak chilling recovery for Asian economies

mschmit — Tue, 18 Feb 2020 05:15:58 +0000

The virus outbreak in China has put South Korea’s economy into an “emergency situation,” its president says. Japan is on the brink of recession and big manufacturers are forecasting a whole world of woe. As many Chinese finally go back to work after their longest Lunar New Year holiday ever, the economic fallout from the […]

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OMERS posts 2.3% return for 2018

mschmit — Tue, 26 Feb 2019 03:52:29 +0000

The Ontario Municipal Employees Retirement System posted a 2.3 per cent return for 2018, pulling in $2.2 billion. In 2017, the fund saw a return of 11.5 per cent for the year and boosted its funded status to 94 per cent. For 2018, the funded status saw further gains, landing at 96 per cent. “The […]

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