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2024 Endowment & Foundation Investment Forum: The connection between private assets and impact investments

The goals of impact investing can be more easily achieved through private assets, said Martin Bélanger, director of investments at Western University, during a fireside chat at the Canadian Investment Review’s 2024 Endowment & Foundation Investment Forum in June. “We’ve transitioned our private equity portfolio from a fund-to-fund approach to making direct investment in primary […]

  • August 8, 2024 August 2, 2024
  • 07:55

Extending ‘25-and-out’ legislation could stabilize public sector pension plans’ maturity issues: expert

The federal government’s move to introduce legislation extending pension eligibility to frontline public safety and law enforcement workers after 25 years of service could help manage room for new hires and ensure stable plan maturity, says James Fu, partner and national leader of pensions and benefits law at Borden Ladner Gervais LLP. Hundreds of frontline workers […]

  • August 1, 2024 August 21, 2024
  • 09:00

Culture of compliance prevents mismanagement, conflict at Canadian pension funds: expert

A culture of prudent investment standards and guideline compliance is keeping Canadian pension funds safe from some of the unique risk management cases seen abroad, says Scott McEvoy, a partner at Borden Ladner Gervais LLP. “Good governance starts at the top, it’s all about structure and process,” he says. Read: Canada’s retirement system ranks No. 12 […]

  • July 30, 2024 July 29, 2024
  • 09:00

OPB marching in Toronto’s Pride Parade in support of LGBTQ2S+ employees, community

The Ontario Pension Board is displaying its support for its LGBTQ2S+ employees and, indeed, the wider community, as some of its workers proudly wave the organization’s banner while marching in Toronto’s Pride Parade this weekend. Participating in the parade is just one of the ways in which the organization is fostering an inclusive culture in […]

  • June 28, 2024 June 27, 2024
  • 09:00

59% of Canadians with a workplace pension plan feel prepared for retirement: survey

Six in 10 (59 per cent) Canadians with an employer-sponsored pension plan say they feel somewhat or very well prepared for retirement, compared to only 34 per cent of respondents without a workplace pension plan, according to a new survey by the Healthcare of Ontario Pension Plan. The survey, which polled 2,000 Canadian employees, found fewer than […]

  • June 26, 2024 June 26, 2024
  • 15:00

UN’s Net-Zero Asset Owner Alliance adopting intermediate targets

The United Nations’ Net-Zero Asset Owner Alliance — an association of financial organizations that includes the Caisse de dépôt et placement du Québec — is incorporating intermediary environmental targets as it continues its push to net-zero emissions by 2050. In addition to the new environmental reporting targets for asset owners, the association’s guidance now includes […]

  • June 25, 2024 June 25, 2024
  • 09:00

How the investment strategies of the Maple 8 impact the decisions of medium- and small-sized plan sponsors

While many of the investment strategies and resources at the disposal of the Maple 8 — Canada’s eight largest public pension plans that represent more than $2.1 trillion in assets under management — are out of reach for medium- and small-sized plan sponsors in the country, the path carved by the most sophisticated investment organizations […]

  • June 21, 2024 August 19, 2024
  • 08:56

B.C.’s Municipal Pension Plan focusing on sustainable investments

Chelsea Kittleson joined British Columbia’s Municipal Pension Plan at a time of change for the investment organization. The MPP’s executive director, who joined the plan sponsor in November 2023, has used her investment and operations background to implement and oversee a three-year strategic plan that includes long-term sustainable investment goals. Read: B.C. Municipal Pension Plan appointing […]

  • June 21, 2024 June 24, 2024
  • 08:54

Employees hesitant to take time off turning to ‘quiet vacationing’: expert

As the lines between work and family life become increasingly blurred amid the rise of remote working, employees are finding it hard to take time away from the office and, instead, are “quiet vacationing.” According to a recent survey by Harris Poll, more than three-quarters (78 per cent) of U.S. workers said they don’t make […]

  • June 19, 2024 June 19, 2024
  • 09:00

PSP Investments generates 7.2% annual return, net assets increase to $264.9BN

The Public Sector Pension Investment Board ended its fiscal year on March 31, 2024, generating a net return of 7.2 per cent, up from 4.4 per cent the previous fiscal year, according to its latest annual report. The investment organization held $264.9 billion in net assets under management, up 8.7 per cent from the end […]

  • June 18, 2024 June 17, 2024
  • 09:00