Coronavirus vaccinations and the US$1.9-trillion fiscal stimulus package are paving the way for the U.S. economy to recover as the world enters the second year of the coronavirus pandemic, in turn driving investor demand for equities and risk assets, according to a recent webinar hosted by Natixis Investment Managers. Esty Dwek, global market strategist at […]
The Caisse de dépôt et placement du Québec and DP World have signed a US$1.2-billion deal to start the construction of an international container port and industrial logistics park in Indonesia. Under the agreement with Indonesia’s Maspion Group, the Caisse and DP World said DP World Maspion East Java will become the sole operator of […]
The market value of assets held by Canadian employer pension plans increased to $2.12 trillion in the third quarter of 2020, according to a new report by Statistics Canada. It found while private sector assets saw a year-over-year increase of 4.6 per cent to $654.3 billion, public sector assets nearly reached $1.47 trillion. Stocks posted the largest increase at […]
Following an unprecedented 2020, Canada’s plan sponsors and pension plans are incorporating the lessons of the last year as they prepare for a new decade, according to a recent webinar hosted by Mercer Canada. The coming years will be marked by developments including increased geopolitical tensions and the lingering economic effects of the coronavirus pandemic, […]
Canada’s defined benefit pension plans posted a median return of five per cent during the fourth quarter of 2020 and closed a volatile year with a 10 per cent gain, according to Northern Trust Canada’s pension universe. Despite uncertainty from factors including the U.S. presidential election and Brexit negotiations, the last quarter saw global equity […]
The Caisse de dépôt et placement du Québec is investing in its first transportation project with the purchase of a 67-kilometre highway in India. The asset will be the Caisse’s first acquisition through its new investment trust dedicated to road infrastructure in India, noted a press release. Project operations started in December 2011, with an […]
With President-elect Joe Biden officially becoming the 46th U.S. president today, institutional investors are preparing for a return to traditional governance and increased market stability. While markets don’t often respond favourably to a change in administration, the return to “normality and transparency” in Biden’s policy and governing style will act as a counterbalance, says Matthew […]
The Canada Pension Plan Investment Board is one of three investors entering a partnership with real estate developer SKR to develop, own and operate a purpose-built rental multi-family project in São Paulo, Brazil. The 220-unit mixed-use project is expected to be completed in 2023, according to a press release. Other investors include Cyrela Brazil Realty […]
The Public Sector Pension Investment Board is selling its stake in Alpha Trains, a Europe-based lessor of locomotives and passenger trains. The PSP, which has invested in Alpha Trains since 2008, will sell its interest to the PGGM Infrastructure Fund, a Netherlands-based cooperative pension fund service provider. “Alpha Trains is a unique business with a […]
The Canada Pension Plan Investment Board is forming a joint venture with Greystar Real Estate Partners to pursue multi-family real estate development opportunities in target markets in the U.S. The CPPIB has invested US$350 million in equity to the joint venture for a 90 per cent stake and Greystar has allocated US$39 million for the remaining 10 per cent. Greystar will manage […]