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CPPIB-backed sports entertainment stock rebounds after disastrous Nasdaq debut

A sport data intelligence and entertainment provider backed by the Canada Pension Plan Investment Board is seeing its stock price recover following a disastrous first…

  • By: Staff
  • September 16, 2021 September 16, 2021
  • 11:40

UPP naming CIO, senior managing director of private markets

The University Pension Plan is appointing Aaron Bennett (pictured left) as its first chief investment officer. In his new role, Bennett will be responsible for establishing an…

  • By: Staff
  • September 16, 2021 September 17, 2021
  • 10:30

Trusteed pension funds’ assets valued at $2.1T in Q1: StatsCan

The market value of assets held by Canadian trusteed pension funds totalled $2.1 trillion at the end of the first quarter, according to new data…

  • By: Staff
  • September 16, 2021 September 16, 2021
  • 09:32

HOOPP appointing Michael Wissell as chief investment officer

The Healthcare of Ontario Pension Plan is appointing Michael Wissell as its chief investment officer. Prior to the new role, Wissell was the plan’s senior…

  • By: Staff
  • September 16, 2021 September 15, 2021
  • 09:00

Ontario Teachers’ investing in Australian insurance distributor

The Ontario Teachers’ Pension Plan is investing in an Australian insurance distribution company. The pension fund acquired a 33.4 per cent stake in Greenstone and…

  • By: Staff
  • September 14, 2021 September 14, 2021
  • 14:16
Institutional investors agree profits can’t be top concern for companies: survey

Ontario Teachers’ abstains from vote to re-elect female board member

To push for greater female representation on a corporate board, the Ontario Teachers’ Pension Plan withheld its support for the re-election of a female board…

DC pension members prioritizing remuneration, ESG resolutions: survey

Governance-related resolutions are receiving more overall votes from defined contribution pension plan members, but environmental issues are more engaging on a vote-per-measure basis, according to…

  • By: Staff
  • September 14, 2021 September 14, 2021
  • 12:00
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AIMCo, Alberta Teachers’ investment agreement aligning interests of both organizations

The Alberta Teachers’ Retirement Fund said its new agreement with the Alberta Investment Management Corp. is aligning the best interests of both organizations, following several…

  • By: Staff
  • September 14, 2021 September 14, 2021
  • 12:00

Ontario Teachers’ appoints Avid Larizadeh-Duggan to spearhead TIP expansion in EMEA

The Ontario Teachers’ Pension Plan is appointing entrepreneur and venture capitalist Avid Larizadeh-Duggan to serve as the managing director of its Teachers’ Innovation Platform in…

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 13:30
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PSP buys out majority co-investor in U.K. rail company, BCI sells share in property portfolio

The Public Sector Pension Investment Board is buying a majority stake in a passenger rail sector business it’s been invested in for the past 13…

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 12:59

CPPIB, Ontario Teachers’ among the world’s top 20 pension funds

The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are among the 20 largest pension funds in the world in terms of…

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 12:20
Alberta Teachers’ Association set to legally challenge pension order

AIMCo, Alberta Teachers’ sign investment management agreement

The Alberta Investment Management Corp. has reached an investment management agreement with the Alberta Teachers’ Retirement Fund Board following a protracted period of negotiation. The…

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 09:30

TTC Pension Plan naming Anthony Tang portfolio manager of public markets

The Toronto Transit Commission Pension Plan is naming Anthony Tang as its portfolio manager of public markets. In the new role, Tang will oversee about…

  • By: Staff
  • September 7, 2021 September 7, 2021
  • 13:29

Expert panel: How DB pension plan sponsors can use surplus – test

In 2022, the typical defined benefit pension plan achieved an investment return of roughly negative 12 per cent. However, due to dramatic increases in bond…

  • May 16, 2023 May 26, 2023
  • 09:00

Debate about pension fund’s divesting due to ESG issues heats up in Oregon

Oregon’s state employee retirement fund is coming under increased scrutiny as the U.S. state is facing increased calls for divestment from companies that have environmental,…

Expert panel: Inflation risk — to hedge or not to hedge?

With October inflation hitting an 18-year high, inflation risk is back on the radar of plan sponsors providing inflation-linked defined benefit pensions. In the past,…

27% of U.S. DC pension plan sponsors say decumulation isn’t a topic of interest: survey – test

While a third (34 per cent) of U.S. defined contribution pension plan sponsors say they’re studying decumulation solutions and another 15 per cent are in…

  • May 26, 2023 May 26, 2023
  • 15:11

Top 5 HR, pension and benefits stories of the week

A story looking at dynamic pension pools as a decumulation option took the top spot over the past week on BenefitsCanada.com. Here are the five most popular…

  • By: Staff
  • November 19, 2021 November 19, 2021
  • 09:05

Automatic features in DC pension plans may benefit members: FSRA

The Financial Services Regulatory Authority of Ontario is encouraging defined contribution pension plan sponsors and administrators to evaluate the use of automatic features within the…

  • By: Staff
  • November 12, 2021 November 11, 2021
  • 09:00

CPPIB-backed fintech stock rebounds after disappointing IPO

Shares in a Canada Pension Plan Investment Board-backed financial technology company have rebounded following a disastrous first week on the Bombay Stock Exchange. In the…

  • By: Staff
  • November 30, 2021 November 30, 2021
  • 09:00

Tracking indirect GHG emissions vital for institutional investors, says expert

Institutional investors seeking to reduce their portfolios’ carbon footprint should pay more attention to scope 3 emissions, says Priti Skokeen, head of environmental, social and…

HOOPP buys shares in P&C insurance company, Caisse invests in private equity fund

The Healthcare of Ontario Pension Plan and Swiss Re Investments Holding Co. Ltd. are purchasing common shares in a Canadian property and casualty insurance company…

  • By: Staff
  • November 18, 2021 November 18, 2021
  • 15:00

Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023

In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the…

  • By: Staff
  • September 18, 2024 November 6, 2024
  • 09:00

Caisse finances loan for mortgage provider, AIMCo enters joint venture to develop industrial site

The Caisse de dépôt et placement du Québec is financing part of a $400 million loan facility to a mortgage brokerage firm. The loan, co-financed…

  • By: Staff
  • November 25, 2021 November 25, 2021
  • 11:45

AIMCo sees quarterly returns of 1.7 per cent, CPPIB up 3.8 per cent

The Alberta Investment Management Corp. saw returns of 1.7 per cent during the third quarter of 2021, according to its quarterly report. Between July and…

  • By: Staff
  • November 23, 2021 November 24, 2021
  • 09:00

OMERS committing to net zero, UPP facing divestment calls from university staff

The Ontario Municipal Employees Retirement System is the latest pension plan to commit to net-zero greenhouse gas emissions across its total portfolio by 2050. In…

  • By: Staff
  • November 29, 2021 November 29, 2021
  • 09:00

Ontario Teachers’ appoints Jonathan Hausman to head new global investment strategy department

The Ontario Teachers’ Pension Plan is appointing Jonathan Hausman as senior managing director of its newly created global investment strategy department. The new department aims…

  • By: Staff
  • November 25, 2021 November 24, 2021
  • 09:45

Institutional investors set to increase focus on ESG: survey

Almost two-thirds (62 per cent) of pension funds and other institutional investors expect to increase their focus on environmental, social and governance factors over the…

  • By: Staff
  • November 25, 2021 November 24, 2021
  • 09:00

Canadian investors less skeptical of corporate ESG than global average: survey

Nearly three-quarters (72 per cent) of Canadian institutional investors don’t believe companies can be trusted to achieve their stated environmental, social and governance commitments, according…

  • By: Staff
  • November 18, 2021 November 18, 2021
  • 11:55

Sounding Board: How institutional investors can manage the physical risks of climate change

With recent deadly heat waves and wild fires ravaging Canada’s west coast and large-scale flooding in the east, who can ignore the growing risk of…

Domestic equity returns bolstering Canadian DB pension plan solvency: report

The average Canadian defined benefit pension plan saw improvements on a solvency and accountancy basis in October, according to LifeWorks Inc.’s monthly report. Its monthly…

  • By: Staff
  • November 9, 2021 November 9, 2021
  • 10:00

BCI updates code of ethics, personal conduct to address DEI-related issues

The British Columbia Investment Management Corp. is updating its code of ethics and personal conduct to include a section outlining its expectations from employees around…

  • By: Staff
  • November 23, 2021 November 22, 2021
  • 10:00

T. Rowe Price buys Oak Hill Advisors, Franklin Templeton buys Lexington Partners

T. Rowe Price Group Inc. is buying Oak Hill Advisors for up to about US$4.2 billion with $3.3 billion payable at closing. The global investment management…

  • By: Staff
  • November 2, 2021 November 2, 2021
  • 14:00

How can pension plan sponsors help women hit their retirement readiness stride?

Preparing financially for retirement is a marathon filled with many obstacles along the way to a constantly shifting finish line. Even in 2021, female employees…

Ohio retirement fund suing Facebook over investment loss

Ohio’s largest public employee pension fund is suing Facebook — now known as Meta — alleging that it broke U.S. federal securities law by purposely misleading…

Coverage of the 2021 Global Investment Conference

Eighteen months after the onset of the coronavirus crisis, the 2021 Global Investment Conference looked at how the uncertain global future will impact pension portfolios.…

2021 GIC coverage: Cutting through the ESG greenwash

In his keynote address at the 2021 Global Investment Conference, Karthik Ramanna, professor of business and public policy at the University of Oxford’s Blavatnik School…

Testing dominic 4: 2022 IIC coverage: How the pandemic kickstarted an automation revolution

The robots of the near-future won’t replace people, but will free them to focus on what they do best — empathizing, communicating and innovating, said…

  • By: Staff
  • January 11, 2023 January 12, 2023
  • 10:59