The Ontario Municipal Employees’ Retirement System is considering the sale of LifeLabs Inc., according to a report by The Globe and Mail. A spokesperson for the infrastructure arm of the OMERS said the investment organization has held preliminary negotiation talks with “multiple potential buyers” but is currently not in any late-stage discussions. The report said […]
About half (51 per cent) of global institutional investors believe a recession is inevitable, a sentiment that runs strongest in the U.K. (67 per cent) and North America (62 per cent), according to Natixis Investment Managers’ 2024 outlook survey. The survey, which polled 500 institutional investors in 27 countries, also found among those expecting a […]
Amazon Canada is supporting deaf employees at its Edmonton fulfilment centre through enhanced accessibility measures and manager training. The online retailer’s site-specific initiatives include classes in American Sign Language, the addition of supplementary ASL videos on its intranet and designated safety vests that communicate deaf employees’ status to other workers. Amazon is also increasing its […]
More than half (56 per cent) of institutional investors say they plan to increase their allocation to alternative investments allocation over the next 12 months, up slightly from 55 per cent in 2022, according to a new survey by research firm Dynamo Software Inc. The survey, which polled more than 100 global respondents, found among respondents […]
Canadian employees are feeling a mixture of emotions about the use of generative artificial intelligence, with 27 per cent saying it will have a positive impact on their career and 17 per cent worried it will make their skills obsolete, according to a new survey by Robert Half Inc. The survey, which polled more than […]
As U.S. President Joe Biden signs an executive order obstructing the departure of domestic capital from venture and private capital into China, it’s raising a red flag for institutional investors interested in significant returns from the advanced technology space. The executive order, which took effect earlier this month, branded the production of semi-conductors, quantum computers […]
Artificial intelligence offers the promise of “a big structural change that will play out over a long period of time,” according to Kieran Moore, a partner and portfolio manager at Munro Partners, noting the growth opportunities associated with AI lie in the enablers of structural changes that can improve productivity and workflows. For investors like […]
Artificial intelligence tools like ChatGPT are becoming critical in helping human resources leaders balance the necessary administration in recruitment processes, says Andrea Bartlett, vice-president of people at HR consultancy Humi. “What’s exciting to me is AI [is] another tool in the HR professionals’ tool belt that can enable them to offset the administrative tasks to […]
Once rooted in mental-health support, employee assistance programs have evolved exponentially in recent years to meet the changing needs of employees. During the coronavirus pandemic, the use of virtual care exploded as most people were forced to stay at home, so EAPs had to adapt quickly to provide virtual support to many struggling Canadians. “By […]
Large and small, pension plan sponsors are adopting in-house tools, partnering with technology research institutes or relying on investment managers for technological support with asset allocation, risk management and other aspects of investment management. The growing interest coincides with an increasingly complex investment, demographic and regulatory landscape. A 2020 Deloitte report on the importance of […]