Pension funds ended 2019 on a strong note, with diversified pooled fund managers posting a median return of 2.6 per cent before management fees in the fourth quarter, according to Morneau Shepell Ltd.’s performance universe of pension managers’ pooled funds. Year-to-date, the return was a stellar 15.8 per cent, with both stock and bond markets […]
Less than half (43 per cent) of Canadian employees said their company provides the option to work remotely, according to a new survey by Robert Half Canada Inc. Among this group, 61 per cent said they take advantage of the perk and work from home, while another three per cent said they do their job […]
Telemedicine provider Dialogue is expanding into Europe with the acquisition of Argumed Consulting Group, a German occupational health and safety company. Argumed provides workplace health and safety services, such as psychological and other risk assessments and hazardous substances management, for multiple industries in Germany. The company also has an expansion strategy around digitizing its services. The deal […]
The Caisse de dépôt et placement du Québec is joining forces with the Marcel Dutil family’s Placements CMI and the Fonds de solidarité FTQ to acquire the Canadian operations of the Canam Group, which specializes in designing and fabricating customized solutions for the construction industry. The group has signed a definitive agreement with private equity […]
Oxford Properties Group, the real estate investment arm of the Ontario Municipal Employees Retirement System, and the Alberta Investment Management Corp. are planning to develop the area around a Mississauga, Ont. shopping centre into a mixed-use neighbourhood. The development is set to transform the 130-acre area around the Square One Shopping Centre into 18,000 residential […]
About three-quarters (72 per cent) of working Canadians said they’d perceive their employer in a more positive light if it offered virtual care or telemedicine, according to a new survey by RBC Insurance Services Inc. This view is most prevalent (78 per cent) among younger Canadians, between the ages of 18 and 34. The survey […]
FCLTGlobal, a not-for-profit institute focused on developing research and tools to encourage long-term investing, is appointing Mark Machin, chief executive officer of the Canada Pension Plan Investment Board, as its new chair of the board of directors. He takes on the role following the resignation of Mark Wiseman, the former CEO of the CPPIB, who […]
SEI Investments Canada Co. is appointing Kendra Kaake as director of investment strategy for its institutional group in Canada. With more than 20 years of investment industry experience, Kaake joins SEI from Russell Investments Canada Ltd. where she was director for non-profit outsourced chief investment officer solutions and director of client strategy and research. Read: SEI […]
The Caisse de dépôt et placement du Québec is joining Placements CMI and Fonds de solidarité FTQ to take on equal ownership of multiple assets from private equity firm American Industrial Partners. The transaction will come to more than $840 million and includes all of Canam Group’s Canadian operations and some U.S. and overseas assets. The group specializes in […]
Climate change’s ramifications for real estate, the rise of innovative technologies and the changing nature of stakeholder activism are some of the environmental, social and governance trends to watch as 2020 kicks off, according to an outlook from MSCI. While asset owners have been eyeing the potential effects of severe weather events and natural disasters […]