IMAX Corp. won the Benefits Plan Communications award at Benefits Canada’s 2024 Workplace Benefits Awards on Oct. 18 for its use of engaging technology tools to educate employees during its benefits plan redesign. The entertainment and technology company was recognized for the steps it took to consider the voice of its employees — through interactive virtual […]
The risk associated with high-profile name concentration in technology equities is pushing institutional investors to consider risk-mitigating strategies, according to Nick Zylkowski, managing director and co-head of customized portfolio solutions at Russell Investments Ltd., speaking during a session at the Canadian Investment Review’s 2024 Risk Management Conference. He noted investors are reviewing their exposure to […]
The funded position of a typical Canadian defined benefit pension plan decreased to 107 per cent in August, down from to 107.8 per cent at the end of July, according to Telus Health’s latest pension index. It found a representative pension plan portfolio returned 0.4 per cent for the month due to strong performances by Canadian equities […]
As institutional investors’ results expectations continue to expand at a rampant speed, Errico Cocchi doesn’t want to get lost in overcomplicated investment trends. “At the end of the day you want to buy something that’s going to grow, that’s well managed and that has a good valuation,” says Cocchi, head of pension investments and debt […]
While the vast majority (95 per cent) of workers said they appreciate the value of learning to use generative artificial intelligence tools, they’re unsure their organizations have their best interest in mind, according to a new report by Accenture Canada. It found, while more than half (52 per cent) of employers are redesigning jobs and […]
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 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 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 […]
Generation Z workers may be feeling more disconnected or isolated due to the effects of remote work, but employers can help by providing opportunities for connectivity, says Alexandra Duba, people experience advisor at Xero Ltd. “It has so much to do with how the [coronavirus] pandemic impacted in-person connection, as well as the impact technology […]
Putting responsible artificial intelligence principles in place is essential to enhancing risk-adjusted returns and positioning businesses for success, according to a new report by the Canada Pension Plan Investment Board and the World Economic Forum. It found the use of AI can preserve and even create value for investors. However, institutional investors must find a balance between […]