While an arduous U.S. presidential election cycle may have created some market volatility, any uncertainties among Canadian institutional investors may begin to wane following Donald Trump’s election as the 47th U.S. president on Wednesday, says Ian Riach, senior vice-president and portfolio manager at Franklin Templeton Investment Solutions. “Economics tend to trump politics . . . . […]
The Canada Pension Plan Investment Board is investing £500 million in a new U.K.-based single-family rental housing joint venture. The initial allocation will give the investment organization a 90 per cent stake in the venture, while its partner, global real estate investment company Kennedy Wilson Holdings Inc., will hold a 10 per cent ownership stake […]
The Investment Management Corp. of Ontario is making its strategic allocation decisions based on a guideline of worldwide events that will shape investment themes for decades to come. Speaking during a session at the Canadian Investment Review’s 2024 Risk Management Conference, Nick Chamie (pictured left), the IMCO’s chief strategist and senior managing director of total portfolio […]
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 […]
The Caisse de dépôt et placement du Québec is investing $60 million in the first round of a private equity fund created by BDG & Partners Financial Corp. The fund, which has so far raised $240 million, aims to acquire controlling interests of Canadian mid-sized companies operating in manufacturing, food, distribution and specialized services, according […]
Canadian institutional investors are allocating only three per cent of their funds to domestic equities, according to a new study from London-based think thank New Financial LLP. The report, which analyzed 13 countries’ pension systems, found the U.S. had the highest allocation to domestic equities (44 per cent), while Norway had the lowest (0.5 per cent). […]
The International Centre for Pension Management is celebrating 20 years of promoting strong pension governance practices by regularly engaging plan sponsor members, says Sebastien Betermier, the organization’s executive director. “It’s a milestone and it speaks to the value of having candid and quality exchanges among the pension funds . . . it’s a safe space for them […]
The Caisse de dépôt et placement du Québec is acquiring a 25 per cent stake in U.K.-based First Hydro Co. alongside Brookfield Asset Management and its renewables affiliate. While the financial details of the transaction weren’t disclosed, the deal is expected to close by the end of the year, according to a press release. Global […]
Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than US$1 million, according to a report from CalMatters. The pay increase for the fiscal year is being attributed to a $667,320 bonus approved by the administrative board, which Frost will […]
The Caisse de dépôt et placement du Québec is buying a 30 per cent indirect stake in the Ohio subsidiary of energy firm AES Corp. for nearly US$546 million. This is the Caisse’s second investment in the utilities company, after first investing in AES Indiana. The investment doesn’t grant the Caisse with a change in […]