Canadian defined benefit pension plans posted a median three per cent return in 2020’s third quarter, buoyed by positive performance in equity markets, according to the RBC Investor & Treasury Services plan universe. Year-to-date, the median return was 5.2 per cent for the period ending Sept. 30, 2020. “Canadian defined benefit pension plans remained in […]
Canada’s defined benefit pension plans posted a 3.2 per cent return in 2020’s third quarter, a position augmented by strong global equity markets, according to Northern Trust Canada’s pension universe. “The global pandemic has undoubtedly accelerated the pace of change for many defined benefit pension plans over the course of recent months, namely in the […]
The Ontario Teachers’ Pension Plan is leading a new US$360 million equity investment in a Singapore-based data centre developer. Founded in 2017, Princeton Digital Group has a current portfolio of 18 centres across China, India, Indonesia and Singapore. Global private equity firm Warburg Pincus LLC is also participating in the investment. “We’re excited to invest in […]
Despite the chance for a surprise Donald Trump victory in November’s U.S. presidential election, the country’s markets are locking in pricing on the assumption of a Joe Biden win, according to a webinar hosted by Franklin Templeton Investments Corp. on Tuesday. For Canadian institutional investors, the biggest impact of a Biden administration could eventually be felt […]
The Canada Pension Plan Investment Board is selling its 50 per cent interest in the first phase of a real estate development in London, England. Phase one of Nova Victoria, a five-building, mixed-use development adjacent to London’s Victoria mainline and underground stations, was finished in April 2017. The sale, to Singapore’s Suntec Real Estate Investment Trust, is […]
The Ontario Teachers’ Pension Plan is opening a new office in Singapore to enhance its capabilities in Asia Pacific. As of the end of 2019, the plan had more than 30 employees in the region and about $15 billion invested there across public equity, private equity and infrastructure. “Expanding our presence in Asia is critical to […]
Historically, many institutional investors have been wary of emerging markets despite their growing role in the global economy, but the tide may be shifting, according to new research by Vontobel Asset Management. “In many cases, [institutional investors and discretionary wealth managers’] allocations to emerging market assets have stalled in single figures as a percentage of […]
While massive monetary policy response didn’t drive inflation following the 2008/09 financial crisis, institutional investors are mulling over whether things may be different this time. The global economy has rarely seen such a swift willingness to engage with economic calamity on both monetary and fiscal levels, says Erik Weisman, chief economist and fixed income portfolio manager at MFS […]
The Canada Pension Plan Investment Board is taking part in the launch of the GLP Japan income fund, a private Japanese open-ended logistics fund. The deal is the latest in the pension fund’s partnership with Global Logistics Properties Ltd., which kicked off in 2011 when the two parties formed a 50-50 joint venture. While the venture has been expanded multiple […]
The Ontario Teachers’ Pension Plan is investing US$350 million with Indian private debt manager Edelweiss Alternate Asset Advisors. The investment, which establishes a long-term partnership between the pension fund and the debt manager’s parent company Edelweiss Group, will focus on private credit investment opportunities in India. “We are pleased to enter into a long-term partnership […]