Governments in Asia are stepping up their pension reforms to boost retirement savings adequacy, potentially generating business opportunities for asset managers operating in the region. Retirement income security is a top concern for Asian governments, noted a press release from Cerulli Associates. In response to aging and other pension challenges in the region, governments are amending […]
Canada’s defined benefit pension plans posted a median return of 1.6 per cent in 2019’s third quarter, according to Northern Trust Canada’s pension universe. “Despite a backdrop of persistent volatility, fear and uncertainty, Canadian pension plans displayed resilience in the third quarter,” said Arti Sharma, president and chief executive officer of Northern Trust Canada, in a press […]
The Caisse de dépôt et placement du Québec is acquiring US$250 million in convertible debentures from Piramal Enterprises Ltd. The Indian financial and industrial group is active in financial services, pharmaceutical development and manufacturing and health-care information management. The pension fund’s real estate subsidiary, Ivanhoé Cambridge, initially invested in the organization in 2017 through a residential real estate co-investment […]
For intergenerational investors, such as foreign pension plans ramping up their exposure to alternative assets and leveraging patient capital, it’s worth paying attention to Indonesia’s potential. “If you follow the logic that the country’s going to be the fourth or fifth largest economy in the world . . . then, to me, it’s too big […]
The Caisse de dépôt et placement du Québec’s real estate arm Ivanhoé Cambridge, along with real estate manager ICAMAP, is taking over EasyHotel, a European budget hotel chain. The hotel chain, which was started by the founder of EasyJet Airline Company Ltd., targets the super-budget segment of the market. It has a total of 39 hotels […]
When investing in Brazil, what considerations should institutional investors keep in mind? And how can the market fit into a pension portfolio? One issue to watch is pension reform, said Heather Hagerty, a research analyst at Fidelity Investments, during the Canadian Investment Review‘s podcast “Pension Podcast.” “Brazil is one of only a small number of […]
After years of dramatic post-Soviet growth, Poland is a major contender in the global marketplace. However, it’s a mixed bag for institutional investors, who are finding both opportunities and limitations in the market. The country is holding up well in an increasingly challenging global environment where other economies are seeing growth slow, said Rachel Van Elkan, the […]
With pension portfolios continuing to diversify globally, the practical and political decisions made by heads of state matter to institutional investors more than ever. But it’s a tall order to measure the risks around these decisions. In response to increasing demand for reliable data, Sustainalytics is revamping its risk ratings system for sovereign fixed income […]
The Canada Pension Plan Investment Board is investing US$115 million in Delhivery Pvt Ltd., a third-party logistics provider in India. Delhivery operates supply chain services in more than 2,000 Indian cities. The CPPIB made the investment through its Fundamental Equities Asia group. “The continued strong growth of e-commerce has generated significant opportunities in India’s express […]
On Aug. 13, after Argentina’s primary elections took a different direction than markets expected, the country’s stocks suffered one of the most dramatic crashes in global history. “It was a super unusual reaction,” says Jim Barrineau, head of emerging market debt at Schroders Investment Management Ltd. He notes the market crash was especially bizarre because […]