The future will increasingly favour institutional investors that can break old patterns of thought. As we move forward and industries and new technologies converge at…
The Canada Pension Plan Investment Board and the Alberta Investment Management Corp. are together investing $2.4 billion in the Australian digital infrastructure company BAI Communications…
The value of assets held by Canadian trusteed pension funds increased to $2.2 trillion in the fourth quarter of 2020, according to new data from…
There could be “unintended consequences” if a bill conferring preferred creditor status to defined benefit pension plan members during bankruptcies passes through Canada’s House of Commons,…
The Pension Investment Association of Canada is urging the U.S. Securities and Exchange Commission to adopt new rules mandating enhanced disclosures of climate risks and…
The Ontario Teachers’ Pension Plan is leading a US$138 million ($172 million) Series C funding round for Beamery Ltd., a company with an artificial intelligence-based…
The Public Sector Pension Investment Board is reporting a net return of 18.4 per cent in fiscal 2021. As of March 31, 2021, the PSP…
The Ontario Teachers’ Pension Plan has raised $375 million in a series D funding round for Applyboard Inc., an online platform that connects students to…
Representatives from eight of Canada’s largest pension funds — known as the Maple Eight — participated in the first meeting of the Sustainable Finance Action…
Investment fees led the agenda at the Joint Forum of Financial Market Regulators’ annual meeting last week. This year, the forum engaged externally on investment fees,…
A number of Canadian institutional investors, including the British Columbia Investment Management Corp., the British Columbia Municipal Pension Plan, the Caisse de dépôt et placement…
The Ontario Municipal Employees Retirement System is co-leading a US$2.75 billion ($3.3 billion) private placement to raise equity for Northvolt, a Swedish battery maker. Alongside…
The funded position for an average Canadian defined benefit pension plan improved slightly during May, with a solvency of 108.2 per cent, according to a…
The Caisse de dépôt et placement du Québec is taking a majority interest of Noverco and its subsidiary Energir, Quebec’s largest natural gas distribution company.…
British Airways is appointing Blackrock Inc. as outsourced chief investment officer for its two defined benefit pension plans. While many U.K.-based pensions have adopted an…
The Association of Canadian Pension Management is urging parliamentarians to vote down the final version of a new bankruptcy and insolvency bill. If passed, Bill…
The British Columbia Investment Management Corp. is becoming “more intentional about” its ongoing environmental, social and governance efforts in the wake of the coronavirus pandemic, says…
The Canada Pension Plan Investment Board and partners have closed a $27 million series B funding round for Clir Renewables, a software start-up developing cloud-based renewable…
Purpose Investments Inc. is introducing a new longevity pension fund, which invests 50 per cent in equities and 50 per cent in fixed income. It…
As Exxon Mobil Corp. shareholders continue their bid to force the oil giant to deal more aggressively with climate change, several large U.S. institutional investors are…
Shannan Corey will succeed Katherine Strutt as the executive director of the Saskatchewan Pension Plan. A 30-year veteran of the pension sector, Corey most recently…
The Canada Pension Plan Investment Board is investing 5.6 billion Indian rupees (about $93 million) to secure a 49 per cent equity stake in a…
The University of Waterloo is committing to reducing the carbon footprint of its pension and endowment investment portfolios by 50 per cent by 2030, with…
The Desjardins Group is set to acquire Montreal-based investment firm Hexavest Inc. The deal is expected to close on Sept. 1, 2021, subject to certain…
Canada’s pension plan sponsors have a fiduciary responsibility to consider climate change in their financial decisions, according to Randy Bauslaugh, counsel for pensions and benefits…