The Canada Pension Plan Investment Board is one of the top 20 asset owners in the world, at US$283.45 billion, making it one of the most influential capital allocators in existence, according to a new report by Willis Towers Watson’s Thinking Ahead Institute. Looking at the world’s 100 largest capital management organizations, which are collectively responsible […]
The Canada Pension Plan Investment Board saw a net return of 0.6 per cent for the second fiscal quarter of 2019. With a total net assets of $368.3 billion as of Sept. 30, 2018, the fund added $1.7 billion during the quarter. “While returns were relatively flat in the second quarter, our teams performed well against our […]
The Canada Pension Plan Investment Board is partnering with the Creative Destruction Lab to deepen its knowledge of cutting-edge technologies. Founded by Ajay Agrawal, a professor at the University of Toronto’s Rotman School of Management, the CDL is a seed-stage investment program, connecting science-based business ideas with investors. “This is a unique partnership,” said Sonia Sennik, […]
A contentious election in Brazil that’s held the attention of the global investing community came to a conclusion on Oct. 28, 2018, with far-right congressman Jair Bolsonaro becoming the country’s president-elect. Canadian pensions have made some hefty allocations to the region of late. In the second half of 2018, the Canada Pension Plan Investment Board acquired […]
The Canada Pension Plan Investment Board has appointed Kelly Shen as senior managing director and chief technology and data officer. “Together with her team, Kelly will further develop CPPIB’s technology and data strategy, which will help us advance operational efficiency by streamlining processes and automation,” said Mark Machin, chief executive officer of the CPPIB, in a press […]
The Canada Pension Plan Investment Board is acquiring a controlling stake in Companhia Energética de São Paulo, a Brazilian hydro-generation company, through a joint venture with Votorantim Energia. The 80.2 per cent stake in the company’s common shares and 13.7 per cent in its class B preferred shares represents an investment of about $604 million. Read: CPPIB invests $272 million in […]
How the benefit shrinks with age and what that means for retirement security
The Canada Pension Plan Investment Board says it isn’t yet interested in making direct investments in Canada’s newly legalized recreational marijuana industry. Michel Leduc, global head of public affairs and communications, says the sector is “not an area of focus” for the organization that invests Canada Pension Plan funds on behalf of about 20 million Canadian contributors and beneficiaries. […]
The Canada Pension Plan Investment Board is emphasizing the issue of gender composition on investee companies’ boards in its latest sustainable investing report. With this fifth area of focus joining climate change, water, human rights and executive compensation, the CPPIB is aiming to address the issues of gender diversity in relation to long-term investment. In 2017, the pension fund voted on measures at 45 […]
The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are among the investors teaming up to invest in a 309-kilometre toll road in Mexico. Details of the deal include IDEAL retaining a 51 per cent ownership of the highway’s concessionaire, the Guadalajara-Tepic, S.A. de C.V. with the CPPIB and the Ontario Teachers’ taking a 29 and […]