Bâtirente is introducing a new strategy that seeks to optimize its fixed income, global equity and environmentally responsible investment allocations. The Montreal-based pension’s new fund optimization plan specifically addresses the organization’s main priorities. By implementing the new plan, it will seek to improve its funds’ diversity in fixed income and global equities and focus on […]
The British Columbia Investment Management Corp. is once again voting against nine proposals supported by the board of China Gas Holdings Ltd., including the re-election of five corporate directors. During its recent annual general meeting, the Hong Kong-based energy company’s management team had requested that investors vote in favour of the re-election of board members […]
Just over half (56 per cent) of Canadian senior managers said they’ll expect their teams to be onsite full time once restrictions related to the coronavirus pandemic completely lift, according to a new survey by Robert Half Canada Inc. While a complete return to in-office work is the preference of survey respondents, almost a third […]
As part of the federal Conservative Party’s platform for the coming election, Leader Erin O’Toole is proposing a plan to secure pensions for Canadian workers. “Canadian workers who have paid into a pension plan on every paycheque should be able to rely on it being there when they retire,” he said in a press release. […]
The Ontario Teachers’ Pension Plan returned 3.8 per cent in the first half of 2021, a significant improvement on its negative 0.4 per cent return in the first half of 2020. According to its mid-year report, the Ontario Teachers’ net assets grew to $227.7, up $8.6 billion from the beginning of the year. This is […]
The Canada Pension Plan Investment Board is buying $450 million shares in an American drainage system provider. Following the investment, the pension fund controls about 4.6 per cent of the Ohio-based Advanced Drainage Systems Inc.’s total equity. ADS, which provides water management solutions to the industrial and agricultural sectors, operates a network of 60 manufacturing […]
Canadian employers said they expect salaries to increase from just over two per cent in 2021 to about three per cent in 2022, according to a new survey from Willis Towers Watson. The survey of employers around the globe found salary increases in 2022 are projected to be higher than in 2021 among the respondents, […]
The Alberta Investment Management Corp. and the Caisse de depot et placement du Quebec both beat benchmark index returns for the first half of 2021. As of June 30, 2021, the AlMCo earned a year-to-date total fund return of 7.3 per cent, surpassing its benchmark by 3.5 per cent, according to a press release. “Client portfolios […]
The number of institutional investors using thematic sustainable investment strategies grew by about 20 per cent between 2016 and 2020, according to a new study by the U.K.-based data and analytics firm Coalition Greenwood. Sustainable thematic investment strategies are ones that target areas of investment where social or environmental needs create business opportunities. According to […]
The Canada Pension Plan Investment Board is investing in a German ceramics manufacturing business. The CPPIB joined the U.K.-based alternative investment management group BC Partners to jointly acquire CeramTec. For its 50 per cent share in the company, the pension fund paid €800 million ($1.18 billion). Read: CPPIB investing in oilfield drilling company, Caisse in SAP […]