Institutional investors are looking for bond dealers to invest more in increased automation supported by more data and more application programming interfaces, according to a new survey from Coalition Greenwich. The survey, which polled 67 buy-side corporate bond traders located in the U.S. and Europe, found nearly half (47 per cent) want to see improved […]
The Ontario Teachers’ Pension Plan’s venture growth arm is leading a US$175 million Series F investment round for artificial intelligence, data and analytics software company Quantexa. The latest funding round, which gives the U.K.-based company a valuation of $2.6 billion, also includes existing investor British Patient Capital. Ara Yeromian, managing director at the Teachers’ Venture […]
The Caisse de dépôt et placement du Québec is acquiring Innergex Renewable Energy Inc. in a deal worth roughly $10 billion. The transaction will see common shareholders receive $13.75 per share, which represents a 58 per cent premium from the company’s current share price. In a press release, Emmanuel Jaclot, executive vice-president and head of […]
The British Columbia Investment Management Corp. is making a cash offer to take Luxembourg-based investment firm BBGI Global Infrastructure S.A. private. The deal values the entire issued and to-be-issued share capital of BBGI at roughly £1.06 billion on a fully diluted basis. The offer adds a 21 per cent premium for the London Stock Exchange […]
The Alberta Pension Services Corp. is appointing Javier Lozano as vice-president of information services and technology, effective Feb. 3, 2025. Lozano has more than two decades of leadership experience in technology and previously served as vice-president of technology and innovation at East Coast Credit Union and vice-president of technology at Northern Savings Credit Union. Read: […]
Institutional investors are putting China’s dominance as an emerging market under consideration at a time of economic uncertainty for the country typically known as a staple in the investment category. The uncertainty stems from several structural issues, such as the combination of an ageing population, high debt levels and weak fiscal status for local governments, […]
Pension plan sponsors’ integration of artificial intelligence will be a disruptive event that will require a delicate approach with sufficient testing, according to Alpesh Sethia (pictured right), chief technology officer at the Healthcare of Ontario Pension Plan. Speaking during a panel session at the Canadian Investment Review’s 2024 Investment Innovation Conference, he described the testing lab set […]
User personalization and an ease-of-use approach are key in the adoption of artificial intelligence technology tools by pension plan sponsors, according to a new report by the CFA Institute Research & Policy Centre. It found the application of AI has the potential to revolutionize plan sponsors’ administrative duties but will require a collaborative approach that […]
The Canada Pension Plan Investment Board is selling a 49 per cent stake in a portfolio of China real estate projects for nearly $235 million. The assets are part of a joint venture with Chinese real estate company Longfor Group Holdings Ltd. and are being sold to an affiliate of Dajia Insurance Group Co. Ltd. The portfolio […]
More than half (59 per cent) of global institutional investors have yet to discuss artificial intelligence with their managers, according to a new survey from Coalition Greenwich. The survey, which polled more than 100 institutional investors, found two-fifths (42 per cent) of asset owners have had conversations with some or all of their investment managers […]
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