Blue Pier Administration Corp. is appointing Brian Mills to the board of trustees of its retirement plan. “Brian brings to the board a wealth of knowledge, experience and expertise in pension governance and administration,” said Lesley Gallinger, board chair, in a press release. “We are delighted to welcome Brian and look forward to working with […]
The top three extreme risks for investors to watch are global temperature change, global trade collapse and cyber warfare, according to a new report by Willis Towers Watson’s Thinking Ahead Institute. In the report, extreme risks are considered events that are highly unlikely to occur — but could have a large impact on economic growth […]
It might seem like hedge fund managers having “skin in the game” by investing personal capital in their funds would be a good thing for outside investors seeking to enter positions alongside them. But there can be negative consequences, according to a paper co-authored by Arpit Gupta, an assistant professor of finance at the Leonard […]
The Canada Pension Plan Investment Board is opening an office in San Francisco. The new location is the CPPIB’s second U.S. office, after New York City, and its ninth worldwide. “One of the pillars of our growth strategy is to place a focus on technology and data and to better understand its impact on our […]
The Canada Pension Plan Investment Board is opening an office in San Francisco. The new location is the CPPIB’s second U.S. office, after New York City, and its ninth worldwide. “One of the pillars of our growth strategy is to place a focus on technology and data and to better understand its impact on our overall portfolio,” said Mark Machin, […]
The Oklahoma Law Enforcement Retirement System was the victim of a cybercrime, with computer hackers stealing $4.2 million in funds. The OLERS, a benefits and pension administrator for retired law enforcement officers living in the state, said in a statement i’s confident the stolen funds will be recovered. It also noted no pension benefits for members […]
The provincial government has appointed Brian Gibson as the new chair of the Investment Management Corp. of Ontario’s board of directors, effective immediately. Gibson is a director at Precision Drilling Corp. and Samuel, Sons & Company Ltd. He also serves on the advisory board of Kruger Inc. and is the chair of the CFA Institute’s corporate […]
While target-date funds are intended to be used as a singular option in capital accumulation plans, many defined contribution plan members use them in conjunction with other investments, according to research from Morningstar. The report noted there are potentially more than 10 million DC participants in both TDFs and other plan investments. “While combining target-date […]
Sun Life is launching Equinoxe LifeCare’s virtual medical evaluation services to help plan sponsors with disability management. The service allows plan members and their dependants to connect with virtual health-care services and licensed health-care practitioners. It also enables them to consult with medical professionals through secure video or chat via smartphone, tablet or computer. In addition, the service allows plan members to requisition […]
Fiera Capital Corp. is appointing Michael Quigley as executive vice-president and head of institutional markets. In the new role, Quigley will lead the team, focusing on improving and guiding the implementation of Fiera’s institutional distribution strategy. “Michael brings a deep understanding of the institutional business environment and extensive knowledge of both traditional and alternative asset […]