The Canada Pension Plan Investment Board is updating its policy on sustainable investing to reflect an increased conviction in the importance of environmental, social and governance risks and opportunities. “ESG considerations are inextricably linked to our ability to successfully achieve our investment objectives,” said Richard Manley, managing director and head of sustainable investing at the CPPIB, in a […]
Several prominent players in Canada’s pension industry have signed onto the BlackNorth Initiative, pledging to take specific actions within their organizations to tackle anti-Black systemic racism. “The persistent inequities across our country underscore our urgent, national need to address and alleviate racial, ethnic and other tensions and to promote the elimination of anti-Black systemic racism […]
Several prominent players in Canada’s pensions and benefits industries have signed onto the BlackNorth Initiative, pledging to take specific actions within their organizations to tackle anti-Black racism. “The persistent inequities across our country underscore our urgent, national need to address and alleviate racial, ethnic and other tensions and to promote the elimination of anti-Black systemic […]
The Canada Pension Plan Investment Board is adding Boon Sim to its board of directors. Sim held senior leadership roles at Singapore-based investment house Temasek International between 2012 and 2017, most recently as president for the Americas, head of markets groups and head of life science and credit portfolios. Prior to his time at Temasek, he […]
The Ontario Municipal Employees Retirement System is acquiring a 19.99 per cent stake in TransGrid, an Australian electricity infrastructure company. The organization’s high-voltage transmission network connects around eight million people to the electricity supply. With a high proportion of regulated business making up about 90 per cent of its leased assets, TransGrid offers investors like […]
The Canada Pension Plan Investment Board is appointing Guillaume Pepy as senior advisor for Europe. In the new role, which started July 1, he’ll engage with multiple European investment teams, providing council on the portfolio for the region. “Guillaume’s deep expertise, understanding and network across the private and public sectors in France brings great value to […]
The Canada Pension Plan Investment Board is leading a new tranche of financing for animal-free dairy maker Perfect Day Inc. The financing marks an expansion of Perfect Day’s series C financing to $300 million, to which the CPPIB’s thematic investing group is set to contribute $50 million. The California-based company uses fermentation in microflora to […]
Canada’s 11 largest pension funds should be able to maintain their current credit ratings through ongoing market turmoil, according to Fitch Ratings Inc. Nevertheless, return expectations are under significant pressure from the economic fallout of the coronavirus pandemic, said the ratings agency in a new report. “Fund performance will depend on asset mix, which is largely […]
The Emerging Markets Private Equity Association is appointing Suyi Kim, head of Asia Pacific at the Canada Pension Plan Investment Board, to its board of directors. “Emerging markets are core to CPP Investments’ long-term strategy,” she said in a press release. “We have been investing in emerging markets for over a decade and currently have […]
The Emerging Markets Private Equity Association is appointing Suyi Kim, head of Asia Pacific at the Canada Pension Plan Investment Board, to its board of directors. “Emerging markets are core to CPP Investments’ long-term strategy,” she said in a press release. “We have been investing in emerging markets for over a decade and currently have […]